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Mixed-Use Project Proposed for Jamaica Plain; Cambridge Lab Vacancy Inches Up

Mixed-Use Project Proposed for Jamaica Plain; Cambridge Lab Vacancy Inches Up

By Veronica Grecu, Associate Editor A joint venture of SSG Developments and New Boston Ventures intends to build a 208,000-square-foot complex that would be located on a 3.4-acre site between a residential neighborhood and an industrial area in Jamaica Plain, the [...]…

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Boston’s New Residential Developments Beat Recession

Boston’s New Residential Developments Beat Recession

By Veronica Grecu, Associate Editor The open-air parking lot located at 45 Stuart St. near the Chinatown and Theater District neighborhoods could be replaced by a residential complex. Last week, AvalonBay Communities Inc. submitted a large-scale development plan to the Boston [...]…

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Demand Drives Boston Apartment Rents to a New Peak

Demand Drives Boston Apartment Rents to a New Peak

By Veronica Grecu, Associate Editor  Vacancy in the Boston multi-family market has hit its lowest level in almost a decade, pushing rental rates upward to a record $1,665 per month. Reis Inc., recently revealed that Boston-area ranks fifth on the list [...]…

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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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