Although Boston Residential group faced opposition from locals in the Jamaica Plain area, a 196-unit apartment project was approved by both the Boston Redevelopment Authority and the Zoning Board of Appeal. Concerns about the affordability and density of the project were raised by locals upset with development during the City Hall hearing. However, argument for […]
Hanover Co., a Houston-based developer, has its sights set on Boston. The developer announced that it will break ground on two apartment complexes by the year’s end. The developments, one in Boston and the other in Cambridge, are the newest additions to Boston’s ever-changing skyline. The Cambridge development, a 398-unit apartment complex, will commence next […]
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 […]
Boston Scientific Corp., a local developer of medical devices, is moving its headquarters from Natick to Marlborough, near the intersection of Interstate 290 and Interstate 495. The transition is set to begin in the spring of next year and will stretch into the summer of 2014. “A new global headquarters in Marlborough will more effectively […]
iParty Corp. reported sales of $16.4 million for October, a 6.5% drop from total sales from the same period last year. The party goods retailer has attributed loses to a week economy and hurricane Sandy, which affected retailers in the New England area. In response to these figures, iParty has outsourced and hired an investment […]
PayPal is relocating from its 27,000 square-foot North Station office to a newly renovated 65,000 square-foot space in the Financial District. The space, located at International Place, will more than double PayPal’s current space and includes space for at least 5 local startups. David Chang, COO of PayPal’s Boston operations, says the company will make […]
Say goodbye to Johnnie’s Foodmaster, a supermarket chain founded in East Cambridge in 1947. Last week it was confirmed that all 10 Foodmaster supermarkets are closing. After 65 years in business, doors are set to close on November 30th. Reports that Whole Foods Market would purchase 6 of the 10 leases the Foodmaster chain held […]
On September 13th, 2012 the Boston Redevelopment Authority selected Kavanagh Advisory Group as provisional developer of Parcel 39A in the Charlestown Navy Yard. Now, the Danver based development group has released plans for 16 Studio apartments, 2 one bedroom units, and 27 one bedroom and den units. All in all, the residential development will span […]
The Back Bay’s skyline may have its newest edition—a 33-story hotel and residential dubbed 40 Trinity Place. The plans for the complex were unveiled Tuesday by prominent real estate developers Trinity Stuart LLC, a local development partnership comprised of Jordan Warshaw, Gary Saunders, and Jeffrey Saunders.. The project will include a 220-room hotel, 142 units […]
Boston’s technology community thrived in the 1980s and 1990s. Tech-startups in the area were unparalleled in the United States and Boston benefited economically from rapid growth within the technology industry. Today, well known venture capitalist Brad Feld believes that Boston is once again effervescent with opportunity. Sponsored by the New England Venture Capital Association, Feld […]
