Boston Scientific Corp., a local developer of medical devices, is moving its headquarters from Natick to Marlborough, near the intersection of Interstate 290 and Interstate 495. The transition is set to begin in the spring of next year and will stretch into the summer of 2014. “A new global headquarters in Marlborough will more effectively […]
PayPal is relocating from its 27,000 square-foot North Station office to a newly renovated 65,000 square-foot space in the Financial District. The space, located at International Place, will more than double PayPal’s current space and includes space for at least 5 local startups. David Chang, COO of PayPal’s Boston operations, says the company will make […]
Simon Property Groups has announced plans to expand the original footprint of the Mall at Chestnut Hill in order to accommodate three new restaurants as well as improvements to the façade of the building. The changes have been attributed to competition amongst retail developments around Route 9. New blueprints filed with the city include plans […]
Zynga, a social game provider based in San Francisco, CA, has announced the closure of its Boston office as well as a 5% decrease in its full time work force of 2,900 employees. Reductions are part of a cost-cutting campaign the company has undergone due to recent declines in earnings. The company has also cut […]
Today at 400 Technology Square in Cambridge leases totaling 162,000 square feet have been signed. The involved companies were as follows: The Massachusetts Institute of Technology (MIT), The Ragon Institute Harvard University Epizyme Warp Drive Bio Aramco Services Co. Alexandria Real Estate Equities (NYSE: ARE), an owner, operator, and developer of life science office and […]
On Friday, September 21st construction workers broke ground on a 26 story high-rise apartment building in Boston’s Chinatown. The project was approved in 2008; however, construction was delayed due to a redesign of the original building (Boston Business Journal). (Below: a rendering of the 26 story apartment building) Forest City Enterprises, a large real estate […]
The Atlantic Wharf tower, built in 2011, along the Rose Fitzgerald Kennedy Greenway has no more available space. McKinsey and Co., a global consulting firm bought 35,000 square feet of office space in the tower. Above, Boston’s $550 million Atlantic Wharf Tower This was all of the tower’s remaining space; McKinsey and Co. will be […]
Last Thursday, the Boston Redevelopment Authority approved real estate developer Millennium Partners’ $615 million proposal to redevelop One Franklin Street in Downtown Crossing. The project will include a 625 foot structure, Millennium Tower, as well as a renovated Burnham Building. Plans include “600 condominiums and apartments, up to 218,000 square feet of office space and […]
This week, proposed plans for the redevelopment of the Edward J. Sullivan Courthouse in East Cambridge progressed, with three of an original six companies moving forward into a second round of bidding. The East Cambridge Planning Team, a state agency responsible for redevelopment of the Sullivan Courthouse, identified a proposal submitted by HYM Investment Group […]
