Local News

How Municipalities Can Attract Private-Sector Investment

How Municipalities Can Attract Private-Sector Investment

By: Gary Kerr The Commercial Triangle district in Everett, Massachusetts, provides a case study in putting a strategic vision into action. Municipal leaders are continually seeking to improve their communities by bringing in private-sector investment, which catalyzes growth and opportunity. But how can a municipality attract the right kind of investment? Welcome to Everett Located just […]

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Biotech workforce continued to expand in Mass. last year, report says

Biotech workforce continued to expand in Mass. last year, report says

But as venture outlays fall, a recent spurt of layoffs has clouded outlook By Robert Weisman Globe Staff Massachusetts continued to expand its biopharma workforce in research labs and manufacturing plantslast year even as venture capital investment dwindled and fewer biotech companies went public. Overall employment in the sector — a bellwether of the state’s […]

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Report warns of ‘oversupply’ of life sciences real estate

Report warns of ‘oversupply’ of life sciences real estate

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 […]

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Developers top off $915M lab project in Allston

Developers top off $915M lab project in Allston

By Rowan Walrath – Life Sciences Reporter, Boston Business Journal Developers hit a significant milestone in construction for a new, $915 million lab project in Boston’s Allston neighborhood. On Monday, developer King Street Properties and building contractor Consigli Construction Co. Inc. topped off the project that will become Allston Labworks, a mixed-use site involving life sciences space, […]

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Firefly grows in wake of healthcare disruptions in southeastern Mass.

Firefly grows in wake of healthcare disruptions in southeastern Mass.

By Cassie McGrath – Reporter, Boston Business Journal Healthcare in southeastern Massachusetts has been hampered by unforeseen events this year. In June, Quincy-based physician organization Compass Medical abruptly shut down, leaving many in Southeastern Massachusetts without access to primary care providers. That came on top of a shutdown of parts of Signature Brockton Hospital in February due to an 11-alarm […]

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State may deny grants to communities that don’t comply with new MBTA housing law

State may deny grants to communities that don’t comply with new MBTA housing law

By Andrew Brinker Globe Staff, Massachusetts housing officialson Thursday added to their arsenal of financial penalties for communities that don’t comply with an ambitious new state law to boost housing development near transit stops, while granting them one big compromise that may make it easier to meet its requirements. The new rules threaten towns that avoid rezoning under […]

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