State officials have announced a plan to ask businesses neighboring the Rose Fitzgerald Kennedy Greenway to help pay upkeep costs. Currently, the park is run by the Rose Fitzgerald Kennedy Greenway Conservancy, a government funded non-profit organization. State officials hope to conserve public funding by instituting a tax on surrounding business owners to pay for […]
ABG Realty presents 20,000 square-feet of office space in Cambridge’s Twin City Plaza. This new property offers an open floor plan and available spaces range from 2,200 square-feet to 15,000 square-feet. Some amenities include: Common Break Room Build Out Possibility Plenty of Onsite Parking Perfect for any Start Up or Professional The property’s ideal uses […]
A $10 million mixed-use property in the center of Harvard Square is for sale. Papyrus, Uno Chicago Grill, and Vitamine Shop currently occupy the property, a 27,796 square foot brick complex originally built in 1910. The mixed-use space is divided between retail (12,150 square feet) and residential (16 apartments totaling 15,646 square feet). Boston Realty […]
A Boston-based mortgage banking firm has arranged a $10 Million financing of College House, a 46,000-square-foot property constructed in the 19th century. The mixed-use building is conveniently located just outside the Red Line’s Harvard Square entrance at 430 Massachusetts Avenue in Cambridge. On the ground floor, the building is currently occupied by CVS, Sovereign Bank, […]
Today, PEG Properties & Design began deconstructing the historic South End’s Old Dutch Cottage Candy store. The store, which is considered to be South End’s oldest free standing retail store [Bostonglobe.com], will make way for a beautiful new condominium building, which is to be priced at around $3 Million per unit. The condominium building, elegantly […]
CONSTRUCTION EXPECTED TO COMMENCE FALL 2011 – Download image SOMERVILLE, Mass., May 4, 2011 /PRNewswire/ — Federal Realty Investment Trust (NYSE: FRT) today announced that the Massachusetts Bay Transportation Authority (MBTA) submitted a notice to bidders for the construction of a new Orange Line T station for Assembly Row at Assembly Square. The new station […]
Update: ITA Software today announced its merger with Google has been approved, and said the two companies are working on closing the deal. Cambridge, Mass. could soon elbow its way into the company of Google Inc.‘s top three research and development site. If Google’s deal to buy ITA Software Inc. for $700 million goes through, […]
Alexandria Real Estate Equities expects to have permits in place this year for 1 million square feet of new development along Binney Street in Cambridge, although no construction timeline is yet available. The company recently got approval from Cambridge’s planning board for its 50 Binney St. project, a 496,000-square-foot building comprised office and research and […]
Cappella, Inc, a cardiovascular medical device company, has raised $7.1 million as part of its fifth round of funding. The company, with U.S. operations in Westford, Mass., has headquarters in Galway, Ireland. Capella has raised at least $52.1 million to date from investors including Ireland-based Fountain Healthcare Partners, Menlo Park, Cal.-based Mitsui & Co. Venture […]
While travel search giants Google, Kayak Software Corp. and ITA Software Corp. battle it out over the future of online travel search, social travel site operator Get out of Cambridge Inc. is just getting started. The company has raised a $560,000 seed round, according to a regulatory document filed Friday. Founded in 2008 by Harvard […]
