By Eli Chavez A Cambridge-based startup that recovers critical metals from mining and factory operations has closed its seed round with a total of $11.8 million led by the sustainability-focused VC firm 2150, with participation from several other ventures. Brendan Smith and Jeffrey Grossman founded SiTration at MIT during their doctorate and postdoctoral work in 2014. […]
By Jeanna Smialek What to know about the Fed’s decision. Federal Reserve officials left interest rates unchanged in their June decision and predicted that they will cut borrowing costs just once before the end of 2024, a sign that they plan to be patient before turning a corner in their fight against rapid inflation. Central bankers lifted interest rates […]
By Grant Welker The Street shopping center in Chestnut Hill will open a 90,000 square-foot addition on Thursday with what’ll eventually be more than 25 retailers. Among the brands are the newly announced jewelry store Mejuri and the clothing retailer Todd Snyder. They’ll join previously named tenants opening Thursday that includes the activewear companies Alo Yoga […]
By Emily Spatz Construction has commenced on a residential building in Kendall Square that is set to become the tallest building in Cambridge, investors announced last week. The building will rise at 121 Broadway and stand over 450 feet tall, according to architects on the project. Boston Properties (BXP), a real estate investment trust, announced that construction […]
By Grant Welker An overhaul of the CambridgeSide mall’s former food court into a new concept is slated to open this fall, and the future tenants are now being unveiled. What will soon be called CanalSide Food + Drink will include anoush’ella, Caffé Nero, Chilacates, DalMoros Fresh Pasta to Go, the sandwiches and salads restaurant Fresh, […]
By Andrew Brinker Picture the best of what Paris has to offer, a vibrant street life in densely packed neighborhoods. One of the secrets to the city’s charm is the size of most of those graceful buildings: six stories. That idea — dense, six-story housing in abundance — is the inspiration behind a proposal from […]
By Greg Ryan Four years after it was founded, Somerville startup Sublime Systems has the first commercial application of its low-carbon cement: Boston’s largest “net-zero” building, the new Amazon.com Inc. tower that’s going up in the Seaport District. Contractors for WS Development poured concrete that contained roughly three tons of Sublime cement at One Boston Wharf […]
By Ryan DiLello Somernova wants to build an additional 1.6 million square feet of space focused on climate tech onto its innovation campus off Somerville Avenue. A 10-year development plan, which includes a community center, was shared during a public meeting Sept. 25 that drew more than 100 people to Somernova’s community space, The Dojo. While […]
By Liz Young Taylor Wood says bargaining with warehouse owners for storage space is far different than during the pandemic, when demand for industrial space was red hot. “I’ve never seen a market like that, where we were basically scratching and clawing for every building,” said Wood, a broker at real estate services firm Savills. “There were […]
By Hannah Green A 10-year-old AI drug discovery company is moving its headquarters from New York to Massachusetts. Insilico Medicine has leased space at 1000 Massachusetts Ave. in Cambridge. The company was previously based out of an office at Cure, a New York City healthcare innovation campus, where it plans to keep a presence as it expands in […]
