On March 9th, 2012 a proposal to lease and develop a public museum on Parcel 9 near the Rose Kennedy Greenway was submitted by the Boston History Center and Museum, Inc. However, last week the Massachusetts Department of Transportation eliminated the museum from consideration for occupation of Parcel 9. The History Center claimed that the proposed project would generate substantial economic activity in the area while providing Boston with a state-of-the-art facility to house Boston’s rich history. Unfortunately, the DOT was uninterested in the construction of a museum in the downtown area. No word on what will occupy the parcel yet, but the DOT is looking to create complementary linkages between parcel 9 & 7 to facilitate an active center.
Related Post
JPMorgan Chase plans to open 100th Mass. location this year
By Stephen MacLeodSource: Boston Business Journal JPMorgan Chase & Co. is continuing to expand its footprint in Massachusetts and has announced another half-dozen locations in the state that it plans to open in 2026. Eight Chase retail banking branches will be built throughout the state in 2026, as the company (NYSE:JPM) plans to open 160 branches nationwide […]
Lending standards ease — constructive signal for commercial real estate
By Mile SobolikSource: Invesco US commercial real estate (CRE) got an encouraging signal. Banks have begun to ease underwriting standards for CRE loans for the first time since interest rates started rising in 2022, according to the January 2026 Senior Loan Officer Opinion Survey (SLOOS) from the Federal Reserve. It suggests lenders are gaining confidence that market conditions […]
Lower interest rates may bring focus back to real estate for many investors
Source: Milwaukee Business JournalBy Shawn Swenson After multiple years of declining capital flows, could 2026 mark a comeback for commercial real estate (“CRE”) funding? A report by Cushman & Wakefield* provided an interesting summary of private CRE fundraising. While fundraising topped $160 billion in 2021 and 2022, that number decreased significantly in 2023 and was […]
Why a niche category of CRE lending is suddenly seeing record deals
Source: MSNBy Diana Olick A specific kind of loan that helps owners of commercial buildings pay for big upgrades to save energy or water, add renewable power, or improve resilience is seeing huge growth in a lending environment that has been arguably tough. This month, Nuveen closed a $465 million C-PACE deal for The Geneva, […]
Industrial & Logistics Space Remains a Bright Spot in Greater Boston CRE
Industrial and logistics leasing activity accelerated to close out 2025, with demand for large-scale distribution facilities helping drive one of the strongest annual leasing performances on record, according to CBRE research.
Related Beal Leases 40,000 Square Feet at One Kenmore Square to AI-Based Biotech Firm
Related Beal has signed a 40,000-square-foot lease with AI Proteins at One Kenmore Square, bringing a new artificial intelligence–driven biotechnology tenant to the mixed-use office and lab development. The deal highlights continued demand for well-located, flexible office and laboratory space in Boston’s life sciences and technology sectors.