Lock-Ober, a 137-year-old restaurant closed its doors indefinitely this weekend. The historic eatery, which has served royalty, presidents, and movie stars, now has a sign outside stating that is closed for business. The restaurant was founded in the late 19th century by a Frenchman named Luis Ober. Since it’s founding it has become a landmark […]
On September 1st, 2011 the U.S. Department of Housing & Urban Development announced that it will allocate one of five Choice Neighborhoods Initiative grants to the redevelopment of the Dorchester Quincy Street Corridor.
Wegmans, a high-end grocery chain based in Rochester, New York, is set to break ground on a new Massachusetts store on October 16th. The family owned grocery chain opened its doors in 1916 and today boasts 78 stores in 5 states and employs over 40,000 people. The new 135,000 square-foot store, located in Northwest Park […]
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 […]
On September 1st, 2011 the U.S. Department of Housing & Urban Development announced that it will allocate one of five Choice Neighborhoods Initiative grants to the redevelopment of the Dorchester Quincy Street Corridor, as well as the Woodledge/Morrant Bay Apartments. Implemented for the first time this year, Choice Neighborhoods Initiative grants are awarded to five […]
Whole Foods Market, a high-end organic food store dubbed, “America’s Healthiest Grocery Store,” is making its way into Massachusetts—and fast. The construction of six new Whole Foods Markets in Massachusetts has not yet been confirmed; however, the grocer is reportedly in negotiations to either lease or purchase, “6 of 10 Johnnie’s Foodmaster sites in Arlington, […]
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 […]
Somerville — The proposed $25.8 million municipal bond is the central supporting element or keystone of the more than $1 billion redevelopment of Assembly Square. The bond will fund basic public infrastructure (road, water, stormwater, sewer, utility, traffic, lighting, and sidewalk improvements) that will: unlock funding for the new Orange Line transit station construction; and, […]
Toys “R” Us Inc.’s improved financial prospects should bode well for its dozens of local stores operating on a seasonal basis. Less than a week after reports that the toy retailer’s private equity owners are mulling an $800 million IPO, Toys “R” Us said its 1,600 stores generated $6 billion in revenue and a net […]
