by Chris Lisinski / via Banker & Tradesman Efforts to replace the MBTA’s entire Green Line trolley fleet, a statewide move toward electric vehicle adoption, and projects to make infrastructure more resilient in the face of climate change impacts would all get a boost under a $9.7 billion bond bill Gov. Charlie Baker outlined on […]
by Paul Bubny / via Connect CRE Increased investment and employment in the life sciences sector has driven life sciences related real estate to new heights, according to Cushman & Wakefield’s new Life Sciences Update. Similarly, CBRE reports that job growth in the sector increased 5.3% year over year in January, faster than overall national growth of 4.7%. “The life sciences industry has been on the rise over the […]
New research from the Penn Wharton Budget Model finds that increasing legal immigration in the U.S. leads to long-term fiscal benefits, while policies that legalize unauthorized immigrants increase government debt. Anew research model from the Penn Wharton Budget Model (PWBM) has brought clarity to the immigration debate in the U.S. by analyzing the macroeconomic implications […]
by Hannah Green / via The Business Journals Just over a year after launching, food technology startup Tender Food has raised a seed funding round to bring its products to market. Tender, which goes by the legal name of Boston Meats Inc., is planting its flag in the crowded plant-based meat market. Its new products replicate the structures […]
Wu Puts ARPA Funding toward Rent Rebates By Steve Adams / via Banker & Tradesman Staff Side effects of COVID on Boston’s neighborhood business districts included rising turnover and shuttered landmarks, resulting in some of the highest retail vacancies in the region. Fresh off its recent “Return to Downtown” block party, the new administration is […]
by Lucia Maffei / via The Business Journals Two biotech startups from the Bay State, two from Canada and one from California will take part in MassBio’s first installment of its accelerator program MassBioDrive, culminating in an in-person Demo Day and cash stipends for each venture. The Massachusetts Biotechnology Council, an industry group better known […]
A couple of years after scoring its biggest fundraising amount to date, Boston-based Battery Ventures is raising even more billions for two separate funds, regulatory documents show. Battery Ventures, a tech investment firm in the Seaport District known for participating in seed rounds all the way up to multimillion-dollar, majority-ownership transactions, raised just over $3 billion for […]
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 […]
