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HYM Details Massive Downtown Project; Braintree Hotel Makeover Kicks Off

HYM Details Massive Downtown Project; Braintree Hotel Makeover Kicks Off

By Veronica Grecu, Associate Editor HYM Investment Group L.L.C detailed plans this week for Downtown Boston’s largest current proposed project: 2.4 million-square-foot mixed use complex on the site of the Government Center Garage. As reported Tuesday by the Boston Globe, HYM wants to build 1.2 million [...]…

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New Housing and Lifestyle Developments in Boston Metro Area

New Housing and Lifestyle Developments in Boston Metro Area

By Veronica Grecu, Associate Editor Everett city officials are evaluating four proposals to acquire or lease and redevelop the 3.9-acre site of a former high school.  Though the city’s initial request didn’t specify how the property should be used, all four proposals include affordable, market-rate [...]…

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New Developments Suggest Improvement in Beantown Economy

New Developments Suggest Improvement in Beantown Economy

By Veronica Grecu, Associate Editor Judging by the number of developments under construction or preparing to begin, Boston’s economy is finally on a recovery track. The Boston Globe reported that more than 4,000 construction jobs will be created in the coming [...]…

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Five Boston Communities to Be Revitalized

Five Boston Communities to Be Revitalized

By Veronica Grecu, Associate Editor Five dense urban communities have been chosen to take part in the Great Neighborhoods program, a complex regional and community planning initiative run by the Massachusetts Smart Growth Alliance that aims to change the lives of [...]…

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Government Center Garage, Downtown Crossing to See New Development

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 [...]…

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Boston Herald HQs to Be Replaced by Mixed-Use Complex

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 [...]…

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Mayo Group, Saracen Pursue Energy-Efficient Redevelopments

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 [...]…

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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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