Construction

Developer moves forward with healthcare facility, housing at shuttered Carney Hospital site

Developer moves forward with healthcare facility, housing at shuttered Carney Hospital site

By Isabel HartSource: Boston Business Journal Developer HYM Investment Group is progressing on its development at the former site of Carney Hospital, with plans to build a new healthcare facility as well as housing and retail on the property.  HYM and partner My City at Peace are planning to transform the site into a mixed-use, healthcare-anchored […]

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Lower interest rates may bring focus back to real estate for many investors

Source: Milwaukee Business JournalBy Shawn Swenson After multiple years of declining capital flows, could 2026 mark a comeback for commercial real estate (“CRE”) funding? A report by Cushman & Wakefield* provided an interesting summary of private CRE fundraising. While fundraising topped $160 billion in 2021 and 2022, that number decreased significantly in 2023 and was […]

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Downtown building may become Boston’s largest office-to-housing conversion yet

The historic, mostly vacant office building would include over 250 apartments, with ground-floor retail. Source: Boston.comBy Beth Treffeisen Boston developer Synergy is moving to launch the city’s largest office-to-housing conversion yet, filing plans last Wednesday to transform an 11-story, mostly vacant Downtown Crossing office building into more than 250 apartments. The project would convert the upper […]

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Massachusetts taps Irish firm for $750 million revamp of roadside travel plazas

Massachusetts taps Irish firm for $750 million revamp of roadside travel plazas

Homegrown rival may try to block contract, arguing it had superior bid Andy Peters Massachusetts is moving forward with a major upgrade of its roadside service plazas, but a local fuel-supply company may challenge the state’s plans. Last month, the Massachusetts Department of Transportation (MassDOT) awarded a contract to Dublin-based Applegreen to renovate, rebuild, and […]

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Winn Launches Update to Low-Income South End Apartments

Winn Launches Update to Low-Income South End Apartments

Paul Bubny $40.1 Million Renovation Underway at Boston’s Eva White Apartments The Castle Square Tenants Organization (CSTO) and WinnDevelopment have launched a $40.1 million modernization project at Eva White Apartments, a 102-unit low-income housing community serving seniors and people with disabilities in Boston’s South End. The property is located adjacent to the 500-unit Castle Square […]

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Gillette Redevelopment

Gillette Redevelopment

Planned Development Area (PDA) Master Plan Sarah Peck The filing kicks off the public review process for the proposed plan. Notice of upcoming public meetings will be posted on the plan website and sent out as soon as possible. The following description has been provided by the development team: Gillette, a wholly-owned subsidiary of The Procter & […]

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Developers win reprieve on building permits in economic development bill

Developers win reprieve on building permits in economic development bill

By Greg Ryan The potential soccer stadium in Everett may be getting lots of attention, but there’s another real estate-related provision in the state economic development bill that would have a far broader effect on the industry. The legislation, unveiled on Tuesday, extends approvals for building and other permits by two years statewide. The blanket extension would give […]

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