Somerville’s planning board is meeting next month to consider the next step in developer US2’s nine-story life sciences building in Union Square. US2 has proposed a 280,000-square-foot mixed-use development with ground-level retail at 50 Webster Ave. The project would kick off the second phase of the USQ development, one of the most important components in […]
Me: Coffee next week? Friend: Sure! How about Wednesday? Friend: Hello? Friend: Are you free? Me: So sorry! I totally missed these. They got buried by texts from the pediatrician, the electrician and the dog groomer. No, those three people didn’t walk into a bar. Instead, they were congregating in my Messages app—along with texts about appointments, 20%-off sales, […]
When Maine voters went to the polls last November, their ballots asked them to decide whether the state should prohibit construction on the Central Maine Power Company’s $1 billion transmission line from Canada. Nearly 60% said yes, retroactively blocking a project that state regulators had already approved. On Tuesday, Maine’s high court ruled that the […]
The life sciences sector continued to grow in the Bay State last year, adding another 12,000-plus workers and nearly 16 million square feet in real estate between 2020 and 2021. That’s according to a new report from the Massachusetts Biotechnology Council, the trade group better known as MassBio. UPGRADE TO NATIONWIDE ACCESS Get Industry Insights […]
A new ownership group is revising plans for a commercial development on the outskirts of Somerville’s Union Square, dropping a 330-room hotel while retaining a pair of office-lab towers. Capital Hall Partners, Spaulding & Slye Investments and Union Square master developer US2 are partnering on the 980,000-square-foot Gateway Innovation Center project at 200 McGrath Highway, […]
JLL has arranged a $230-million construction loan for the development of 15 McGrath Highway, a speculative life sciences development totaling 262,000 square feet in Somerville, MA. Brett Paulsrud, Henry Schaffer and Mike Shepard of JLL represented DLJ Real Estate Capital Partners, Leggat McCall Properties and Deutsche Finance America to secure the non-recourse construction loan with Oxford Properties Group. “Greater Boston continues […]
There are more than 5,400 satellites currently orbiting the Earth, according to the Union of Concerned Scientists, and some of them —plus other space junk — will inevitably fall back to the surface. Earlier this month, one did. Debris from a large Chinese rocket fell into the Indian Ocean — luckily, most of it burned up as it […]
By Boston Real Estate Times Somerville, MA – The development venture of DLJ Real Estate Capital Partners (DLJ), Leggat McCall Properties (LMP) and Deutsche Finance America (DFA) joined the City of Somerville and Flagship Pioneering companies to cut the opening ribbon on 101 South Street, the first purpose-built Class-A lab building in Somerville as part of the Boynton Yards 1.8 million square foot, […]
Devan West via MCADCafe Ideal for producing tough, durable and long-lasting 3D printed parts, these polyurethane resins are the latest innovative materials available for Formlabs’ SLA printers Somerville, MA – May 17, 2022 – Formlabs, the leading 3D printing company, today announced PU Rigid 650 Resin and PU Rigid 1000 Resin at RAPID + TCT 2022, North America’s […]
by Jarred Schenke via Bisnow with reporting by Olivia Lueckemeyer In the wake of the revelation that the Supreme Court appears poised to overturn Roe v. Wade, large companies considering where to place a new office or lab could soon be forced to choose between states where abortion is legal and where it isn’t. In […]
