Development

Green Line Extension, Bitter or Sweet?

President Obama released the budget of $100 million in federal fiscal year 2015 supporting the MBTA (Massachusetts Bay Transportation Authority) Green Line Extension project (GLX) which benefits the economy and environment of Somerville and Medford communities in the upcoming several years. “The Green Line Extension offers Somerville and the region both economic justice and environmental […]

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A Historic Agreement for Chelsea, MA

Chelsea, Massachusetts is in the midst of a historic agreement for the city; The City Council unanimously endorsed a resolution, which authorizes City Manager Jay Ash to enter into a $2.5 million a year deal for Surrounding Community Agreement with Mohegan Sun. Manager Jay Ash and City Council President Matt Frank discussed the agreement, and […]

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Ipsen Pharmaceuticals moving R&D to Cambridge

France-based pharmaceutical company Ipsen recently announced that it will be relocating its research and development facility from Milford to East Cambridge. Following the trend of big biotech and pharma companies planning the move to Cambridge, Ipsen signed a long-term lease for 62,600 square feet of lab and office space at 650 Kendall Street in Kendall Square. […]

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Vistaprint to Leave Lexington for Waltham

In what Boston Business Journal states could be the largest suburban commercial real estate deal of the year, marketing products provider Vistaprint is expecting to sign a long-term lease for a new 300,000-square-foot headquarters in Waltham, Massachusetts within the next couple weeks. The deal is projected to be more than 10 years. The Netherlands-based company is […]

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