By Grant Welker There isn’t enough new housing being built in the Boston area to suddenly make the region affordable. But builders are finding places to build — mainly in former industrial pockets in such places as Everett and South Boston, as well as relatively less-dense neighborhoods in Allston and Quincy. Residential developments now under construction […]
By Charlie Breitrose Developers heard from dozens of residents who showed up Monday night for an in-person community meeting about the project proposed for the former Cannistraro site, pro and against. Many with concerns lived in the residential neighborhood across the street, who fear they will be negatively impacted by the size of, and noise and […]
By Boston Real Estate Times CAMBRIDGE, MA—Although Maureen McCaffrey manages planning and development of capital projects in MIT’s Cambridge commercial real estate portfolio, don’t get surprised if you hear her “break into song” with the slightest trigger of a word or phrase. “One out of every hundred people find it amusing! Keeping with the music theme, I […]
By: Emily Fu Trammell Crow Residential (TCR), part of Crow Holdings, has initiated construction on Alexan Peabody, a 180-unit luxury multifamily residence in Peabody, Massachusetts, slated for completion in Q4 2025. Located along Route 1 at 128 Newbury Street, the development offers studio to three-bedroom units, including 25% affordable housing at 80% of Area […]
BOSTON – Leaders of housing advocacy groups today celebrated the Chelsea City Council last night who unanimously voted to pass new zoning to create more homes near transit in line with the MBTA Communities Law. With this vote, all 12 Rapid Transit Communities have met the year-end deadline to adopt new zoning – a historic […]
By Jon Chesto Revs fans are going to have to wait longer for a shot at their goal: a soccer stadium in the heart of Greater Boston. Legislation that would have paved the way for a New England Revolution stadium to go up along the Mystic River in Everett was sidelined when state House and […]
By Rowan Walrath In the 2010s, life sciences developments made up less than 5% of all office construction nationwide. In the last two years alone, such projects have compromised more than one-in-four new projects, according to a new report from commercial real estate software company CommercialEdge. The report, released last week, warns of a possible oversupply on […]
By Greg Ryan Astellas Pharma Inc. has agreed to take space on two floors of the newest lab building in the massive Cambridge Crossing mixed-use development, one of the region’s largest lab leases this year. The Japanese pharmaceutical giant will occupy about 62,000 square feet at 441 Morgan Ave., a 10-story building whose core and shell […]
Meet the people who helped make it happen Cathy Mande surveyed the rubble of her former home on a recent warm day, a serene look on her face. A few days later, the rubble would be gone, cleared away to build what many hope will bea new model for affordable housing. Months prior, when Mande […]
By Greg Ryan With the help of a crowdfunding platform, a Boston-based real estate development firm and its partner have acquired a nearly 12-acre commercial property in Somerville’s Assembly Square for $142.5 million. A joint venture between Cabot Cabot & Forbes and a Cannon Hill Capital Partners fund bought 65-75 Mystic Ave., a site adjacent to […]
