Boston
Government Center Garage, Downtown Crossing to See New Development
By Veronica Grecu, Associate Editor Hym Investment Group L.L.C. recently filed an approval request with the Boston Redevelopment Authority for a 2.4 million-square-foot mixed-use development at the Government Center Garage in Downtown Boston. Quoted by the Boston Herald, Hym CEO Thomas [...]…
Continue reading →Boston Herald HQs to Be Replaced by Mixed-Use Complex
By Veronica Grecu, Associate Editor Boston Herald owner Patrick Purcell and Newton-based National Development have put together a plan to convert the newspaper’s headquarters and printing plant into a vibrant mixed-use development that would enliven a dull part of the city [...]…
Continue reading →Mayo Group, Saracen Pursue Energy-Efficient Redevelopments
By Veronica Grecu, Associate Editor The Mayo Group, which developed a new residential complex on the site of a former nursing home at 990 and 1100 VFW Parkway in West Roxbury, has recently been awarded the Energy STAR certification by the [...]…
Continue reading →City Officials Approve New Developments
By Veronica Grecu, Associate Editor One of the biggest real estate transactions in Boston’s history was secured last week, when the city’s Food and Drug Administration approved Vertex’s Pharmaceutical Inc.’s (Nasdaq: VRTX) treatment center for hepatitis C on Fan Pier. The [...]…
Continue reading →Redevelopment Plan for Quincy St.; Financial District Welcomes Gemvara
By Veronica Grecu, Associate Editor A plan put together by the Dorchester Bay Economic Development Corp. and some local development organizations aims to revitalize the Quincy Street neighborhood over the next two or three years. The corridor between Blue Hill Avenue [...]…
Continue reading →Local Real Estate Magnates Revitalize Boston
By Veronica Grecu, Associate Editor Boston is about to regain full local ownership of one of the city’s most recognized landmarks. Donald Saunders, a local real estate magnate who already owns a 45 percent stake in the Park Plaza Hotel, will [...]…
Continue reading →Rents Grow; Homes, Commercial Developments Still Low
By Veronica Grecu, Associate Editor A new report released by S&P/Case-Shiller Home Price Indices shows that home values for the Boston area dropped by about 1.5 percent in February, for the seventh consecutive month. That is good news for the rental [...]…
Continue reading →Worcester to Get New Medical Center; Green Awards Winners Announced
By Veronica Grecu, Associate Editor CitySquare II Development Co. is planning to build a new cancer center for Saint Vincent Hospital of Worcester. The project is estimated to cost $21 million, with its opening scheduled for January 2013. Construction is due to begin [...]…
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