By Augusta Saraiva US employers scaled back hiring in April and the unemployment rate unexpectedly rose, suggesting some cooling is underway in the labor market after a strong start to the year. Nonfarm payrolls advanced 175,000 last month, the smallest gain in six months, a Bureau of Labor Statistics report showed Friday. A later release showed that business activity […]
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 A planned food market in East Cambridge amid a series of major new developments has its first tenant, and it’s a restaurant from a well-known restaurateur in the neighborhood. Chef Will Gilson will open AMBA this summer, a Mediterranean-inspired café that’ll be part of the new First Street Market just a few blocks from other […]
By Grant Welker It’s not just inflation, and it’s not just a matter of perception: the cost of buying a home in Boston has far surpassed the increase in wages in the past 50 years, according to a new analysis. In Boston, a typical wage in 1970 was $9,133, according to a report this spring by […]
by Front Section Cambridge, MA According to BioMed Realty, Takeda has leased the entire research and development project totaling 600,000 s/f in Kendall Sq. located at 585 Third St. The building is expected to be ready for occupancy in 2026 and will provide 16 stories of advanced and efficient lab office space incorporating industry-leading sustainability features. In […]
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 Thomas Seal The chief of Google’s AI business said that over time the company will spend more than $100 billion developing artificial intelligence technology — another sign of the investing arms race that has gripped Silicon Valley. Google DeepMind Chief Executive Officer Demis Hassabis was asked at a TED conference in Vancouver on Monday about a potential […]
