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, […]
By Janelle Nanos and Tim Logan via The Boston Globe Nearly half of residents in the blue-collar town are foreign-born. But for years, these groups have been largely locked out of city politics and services. MALDEN — Malden Mayor Gary Christenson has a catchphrase: His city “is a place for everyone.” This might sound like […]
by Boston Planning & Development Agency, Research Division. The COVID-19 pandemic and resulting business closures caused a sudden unprecedented spike in unemployment in Boston as in much of the country. Boston’s unemployment rate peaked in June 2020 at 16.1 percent, a dramatic increase compared to 2.6 percent unemployment in March 2020. Boston’s unemployment rate fell […]
by Jarred Schenke / via Bisnow 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 a leaked draft of the […]
by Chris Lisinski / via Banker & Tradesman Efforts to replace the MBTA’s entire Green Line trolley fleet, a statewide move toward electric vehicle adoption, and projects to make infrastructure more resilient in the face of climate change impacts would all get a boost under a $9.7 billion bond bill Gov. Charlie Baker outlined on […]
New research from the Penn Wharton Budget Model finds that increasing legal immigration in the U.S. leads to long-term fiscal benefits, while policies that legalize unauthorized immigrants increase government debt. Anew research model from the Penn Wharton Budget Model (PWBM) has brought clarity to the immigration debate in the U.S. by analyzing the macroeconomic implications […]
by Lucia Maffei / via The Business Journals Two biotech startups from the Bay State, two from Canada and one from California will take part in MassBio’s first installment of its accelerator program MassBioDrive, culminating in an in-person Demo Day and cash stipends for each venture. The Massachusetts Biotechnology Council, an industry group better known […]
by Lucia Maffei / via The Boston Business Journal When the pandemic first hit, tech companies as well as other businesses put hiring down on their list of priorities. But last year, hiring came back and the majority of large tech employers in the state recruited new people at full speed, according to a Business […]
via bldup.com Safehold has acquired the 20 Cambridgeside Place condo unit with the Cambridgeside Mall site for $156,435,583.82. Work is currently underway for the transformative redevelopment of the full site to create around 650,000 square feet of office, life science, and residential space. At 20 CambridgeSide concrete floor decks are being placed and structural steel install is also […]
by Greg Ryan / via Boston Business Journal Jen Faigel, the executive director of the food-business incubator CommonWealth Kitchen, has long wanted the nonprofit to own its building in Dorchester, rather than rent space there from the Dorchester Bay Economic Development Corp. CommonWealth announced Friday that the dream is now reality: The incubator purchased the […]
