By Greg Ryan The real estate firm behind Somerville’s Somernova business campus is proposing to replace the low-slung structures now on the site with a $3.3 billion redevelopment featuring five significantly taller buildings aimed at “tough tech” tenants. Right now, the 7.5-acre Somernova campus — located off Somerville Avenue, a half-mile west of Union Square — […]
Scott Souza,Patch Staff Posted Tue, Jan 24, 2023 at 12:18 pm ET PEABODY, MA — A final phase of construction and redevelopment will usher in more high-profile dining and retail operators at the Northshore Mall in 2023. Simon Property Group, which operates the shopping center, said Phase 2 of The Promenade redevelopment has begun with Arhuas, […]
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 […]
Agents everywhere are bound to eventually face the task of turning a less than appealing office building into a place where tenants will be excited to work. The rising number of millennials entering the workforce has in turn created a rising demand for trendy, creative, yet efficient work spaces. While reinvigorating an old space […]
In less than a week from now, the massive redevelopment project of NorthPoint will take a major step forward. The ceremonial groundbreaking of one of the project’s apartment towers is scheduled for Wednesday May 29th. Located on a 45-acre parcel of land in Cambridge at the edge of the Charles River, the property is expected […]
The redevelopment of Kendall Square has received zoning approval from the city of East Cambridge. The 26 acres owned by MIT have been rezoned and construction will likely transform the area into a center for innovation. The approval Monday allows the construction of two 300-foot-high buildings—provided that any space above 250 feet is residential. On […]
Mayor of Providence, Angel Taveras, released an action plan for economic development on March 27th, 2013. In an open letter to his constituents, Taveras discusses the economic challenges Providence was faced with when he assumed office in 2011. “Unemployment was too high, private sector investment was too scarce and our housing market continued to suffer […]
Fidelity Investment is considering a possible sale of its former headquarters in downtown Boston on Devonshire Street, reports the Boston Herald. The site is expected to garner significant interest due to redevelopment prospects. The block could be redeveloped into an office tower up to 400 feet tall. Fidelity has hired CBRE New England to market […]
Since 2011, Boston’s Christian Science Church has pursued plans to reconstruct the church’s 15-acre plaza in the Back Bay. The plans submitted to the Boston Redevelopment Authority, which were approved in 2011, include the construction of two commercial buildings. The first has an approved high of 500 feet and the second has a pre-approved height […]
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 […]
