via bldup.com Framing is underway on 346 Somerville Avenue with a permit issued for complete wiring on the multifamily project. Plans call for a 94 residential unit building with 2,470 SF of ground-floor retail near Union Square in Somerville.
via bldup.com Safehold has acquired the 20 Cambridgeside Place condo unit with the Cambridgeside Mall site for $156,435,583.82. Work is currently underway for the transformative redevelopment of the full site to create around 650,000 square feet of office, life science, and residential space. At 20 CambridgeSide concrete floor decks are being placed and structural steel install is also […]
by Greg Ryan / via Boston Business Journal Jen Faigel, the executive director of the food-business incubator CommonWealth Kitchen, has long wanted the nonprofit to own its building in Dorchester, rather than rent space there from the Dorchester Bay Economic Development Corp. CommonWealth announced Friday that the dream is now reality: The incubator purchased the […]
From green rooftops to energy reporting software, technology is playing a starring role in helping apartment owners meet aggressive ESG targets. by Kelsi Borland / via Globe St When BlackRock CEO Larry Fink called climate change an “existential crisis” in an open letter to CEOs at the beginning of the year, it was clear that […]
by Lindsay Dunsmuir and Ann Saphir / via reuters.com Federal Reserve officials are helping shape market expectations for sharper interest-rate hikes to curb the surge in inflation, but have not managed to dispel fears the tightening cycle could blow a hole in the economy and labor market. “The Fed needs to move aggressively to keep […]
by Taylor Dolven / via The Boston Globe It was 2004. Around 300 people filled a State House auditorium fired up and furious about the stalled Green Line Extension project to Somerville and Medford. It had been promised since 1990 and no shovels had yet hit the ground. Then-Mayor Joseph Curtatone of Somerville demanded the state […]
by Ben Knight / via UNSW Sydney Newsroom The next generation of supercooling materials can help keep cities cooler in summer and warmer in winter. A team from UNSW Sydney has developed new intelligent building materials that can help keep the temperature in check throughout the seasons. The innovative design adjusts the optical properties used in conventional heat […]
via Startup Info Densely populated cities are facing a plethora of tough challenges as their populations continue to rise. As more people migrate to urban locations the available resources, space, and medical coverage become more limited. Luckily, there are modern solutions that government organizations can use to overcome these growing obstacles. The idea of “Smart […]
by Nate Doughty / via The Business Journals Carnegie Mellon University’s free picoCTF competition, which claims to be the largest high school cybersecurity hacking event in the country, officially kicked off on Tuesday. And while its signature and capture-the-flag-like event will see tens of thousands of students across the nation compete for thousands of dollars worth of […]
by Jeanna Smialek / via The New York Times The Federal Reserve lifted its key interest rate by a quarter of a percentage point on Wednesday as policymakers took their first decisive step toward trying to tame rapid inflation by cooling the economy. The Fed had kept rates near zero since March 2020, and the decision marked […]
