US Economy Adds 88,000 Jobs and Millennial’s continue To Hunt for Jobs
The economy has added 88,000 jobs this March. Due to this increase the unemployment rate has dropped to 7.6%.
Bristol-Meyers plans $250M expansion in Devens
Bristol-Meyers Squibb, a pharmaceutical company based in New York, announced plans for a $250 million expansion in Devens. The expansion, motivated by tax incentives, will shift jobs from New York and New Jersey to the Bay State. The company plans to expand its biologics manufacturing facility, which was completed in 2009 for $750 million, as […]
MBTA under scrutiny for excessive wages
The Bay State’s taxpayer-funded commuter rail service has recently made headlines for large raises, signing bonuses and other perks that its engineers and conductors have received. According to a report compiled by Pioneer Institute, a conservative fiscal watchdog, the MBTA has excessive labor costs that outrank other state agencies. The report called on Governor Patrick […]
New condominiums for Danvers
After years of slow growth, the Massachusetts condo market is heating up. A couple years ago, demand for condominiums was so low that real estate developers were converting condominium space into rental space. However, recent construction indicates that the tides have changed. In February of 2012, Tina Pizzuti-Brzezenski, a partner at Pizzuti Development, considered building […]
No immediate plans to build near Gillette Stadium
The Kraft Group is considering building an apartment building near the Gillette Stadium, reports the Boston Herald. However, the town planner of Foxboro said current zoning laws will not accommodate one-acre lots with single-family homes. The town planner Sharon Wason told the newspaper, “They’ve got to change the rules somehow so they can build apartments.” […]
Boston Public Library to receive face-lift
The Boston Public Library’s modern half in Copley Square might receive a face-lift Although plans are in early stage, director of library services Michael Colford said, “This building has been around for about 40 years, so we think it’s time to take a look at it,” in a public meeting. The goal is to improve the […]
Update: Kendall Square development
The redevelopment of Kendall Square has received zoning approval from the city of East Cambridge. The 26 acres owned by MIT have been rezoned and construction will likely transform the area into a center for innovation. The approval Monday allows the construction of two 300-foot-high buildings—provided that any space above 250 feet is residential. On […]
Copa announces non-stop flights to Panama City
Copa Airlines has announced a new, non-stop flight from Boston to Panama City. The airline, which is based in Panama City, has experienced industry high growth in recent years. In fact, the airline reported an incredible 17.9% profit margin for the 2012 year. The flights will commence this summer and leave from Boston’s Logan Airport […]
Redevelopment met with controversy
Earlier this year, The Division of Capital Asset Management and Maintenance (DCAMM), a government agency responsible for integrated facilities management and public construction, awarded the bid to rebuild the Edward J. Sullivan Courthouse to developer Leggat McCall. This decision upset members of the East Cambridge Planning Team who criticized the state for failing to acknowledge […]
1st Annual East Coast Caffeine Crawl in Boston
The first annual East Coast Caffeine Crawl will be taking place in Boston on Saturday. The crawl is a five hour tour of the area’s best independent coffee shops that is aimed at educating participants on the art of coffee consumption. “Coffee is such a morning ritual for everyone,” says founder Jason Burton. But there […]