via Boston Real Estate Times CAMBRIDGE, MA–The Life Sciences industry is growing rapidly all over the world, especially since the COVID-19 Pandemic started. The state of Massachusetts has been leading the way for the past decade, throughout not only the country, but the world. Massachusetts based Life Science companies raised $4.3 billion in the first […]
by Fatima Hussein / via Bankers & Tradesman President Joe Biden on Wednesday signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency. The Biden administration views the explosive popularity of cryptocurrency as an opportunity to […]
by Steve Adams / via Banker & Tradesman Responding to requests from local elected officials, developers are adding 85 housing units to a proposed redevelopment of WBZ-TV’s Allston studios. The changes expand the proposed 1170-1190 Soldiers Field Road development to 795,000 square feet. Developers agreed to set aside 20 percent of the housing units as […]
by Maile McCann / via modernretail.co Apparel brands and retailers are investing in high-tech fitting rooms in their brick-and-mortar stores. 2021 was the year of the virtual fitting room: Walmart, Shopify, Amazon and Snap all invested in augmented or virtual reality tech to help customers visualize what clothes might look like on, as the pandemic kept them […]
by Greg Ryan / via Boston Business Jornal Rise Together and Trax Development on Friday offered a more detailed look at plans for a mixed-use development of nearly 1 million square feet in Charlestown’s Sullivan Square, one of three projects the development team is pursuing for a part of the neighborhood poised for major changes. […]
by Parija Kavilanz / via CNN Business As Covid restrictions ease, expect to see more malls morph into family entertainment destinations where shopping may not even be what draws shoppers in. Retail analysts say it’s become necessary for mall operators to diversify the in-mall experience beyond shopping in order to stay relevant to consumers — […]
by Bryan Mena / via the Wall Street Journal The U.S. economy grew at a modest to moderate pace from mid-January through early February as the Omicron variant of Covid-19 disrupted businesses and held back consumer spending, the Federal Reserve said Wednesday. The Fed’s periodic compilation of business anecdotes from around the country, known as the Beige […]
by Lucia Maffei / via The Boston Business Journal When the pandemic first hit, tech companies as well as other businesses put hiring down on their list of priorities. But last year, hiring came back and the majority of large tech employers in the state recruited new people at full speed, according to a Business […]
by Steve Adams / via Banker & Tradesman A lease by a second major tenant could fill up the 1 million-square-foot One Congress office tower at Boston’s Government Center well before its scheduled completion in January. Developers of the 600-foot tower and future State Street Corp. headquarters are in talks with a tenant that could […]
by Rowan Walrath / via The Boston Business Journal For the second straight year, the amount of venture capital that was poured into Massachusetts-based life sciences companies has eclipsed all previous fundraising records, ringing in at $13.66 billion in 2021. According to a report from the Massachusetts Biotechnology Council, an industry group better known as […]
