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City Officials Approve New Developments

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 [...]…

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Redevelopment Plan for Quincy St.; Financial District Welcomes Gemvara

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 [...]…

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Local Real Estate Magnates Revitalize Boston

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 [...]…

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Rents Grow; Homes, Commercial Developments Still Low

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 [...]…

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Worcester to Get New Medical Center; Green Awards Winners Announced

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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Boston to Rebuild Tea Party Museum

Boston to Rebuild Tea Party Museum

By Veronica Grecu, Associate Editor Ten years after Boston’s Tea Party Museum was hit by lightning and shut down, The Hub is getting ready to once again mark the spot of one of the most important events that led to the [...]…

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Spring Fever Hits Boston Brokers

Spring Fever Hits Boston Brokers

By Veronica Grecu, Associate Editor Impatient investors looking for new opportunities might want to look at office properties in the Greater Boston area. It ranked third-best in a recent U.S. office report. More deals and increased rents and occupancy rates are likely [...]…

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