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Mayor Menino’s $16.5 Billion Housing Strategy Calls for 30,000 New Units by 2020

Mayor Menino’s $16.5 Billion Housing Strategy Calls for 30,000 New Units by 2020

Back in March Mayor Thomas M. Menino unveiled an unprecedented plan to increase the number of new housing units in Boston by 30,000 by the year 2020. Last week, with less than four months in office, the Mayor announced the city’s new blueprint for this ambitious strategy that aims to…

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New Hotel Proposed in South Boston; Former Four Points Hotel in Leominster Rebranded as DoubleTree by Hilton

New Hotel Proposed in South Boston; Former Four Points Hotel in Leominster Rebranded as DoubleTree by Hilton

Sun Condos LLC, an affiliate of Pappas Enterprises of Boston, is planning to build a 14-story boutique hotel at 6 West Broadway in South Boston, in a highly commercialized area. The site currently serves as a parking lot and, according to data from PropertyShark, measures 0.28 acres.…

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Boston University Adds 150,000 Sq. Ft. Research Facility to its 2013-2023 Master Plan

Boston University Adds 150,000 Sq. Ft. Research Facility to its 2013-2023 Master Plan

It’s another wrap up of a busy week for the Boston Redevelopment Authority! Hot on the heels of Harvard University’s proposal to expand its Allston campus, another higher education institution is asking the city to green light a new sciences and engineering building on a former parking lot along the…

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Developers Seek Approval for $140 M Green Mixed-Use Complex in Roxbury

Developers Seek Approval for $140 M Green Mixed-Use Complex in Roxbury

Nuestra Comunidad Development Corporation and Windale Development are looking to redevelop an 8.59-acre urban wasteland in Roxbury into an innovative mixed-use, mixed-income complex that would serve as a link between the thriving Dudley Square area and the historic Fort Hill community.…

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Harvard Details 10-Year Master Plan for Development in Allston

Harvard Details 10-Year Master Plan for Development in Allston

Harvard University’s six-year effort to map out an expansion of its campus in Allston is finally starting to move forward. Though it’s a far cry from the 50-year, 10 million-square-foot proposal that was originally filed back in 2007 before the economy hit the downward spiral, Harvard’s scaled down plan is…

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JV to Build 300,000 Sq. Ft. Mixed-Use Complex in Forest Hills

JV to Build 300,000 Sq. Ft. Mixed-Use Complex in Forest Hills

Forest Hills Arborway, LLC, a joint venture between Beacon Hill-based The Brennan Group and real estate development and investment firm John M. Corcoran Company plans to create a 300,000-square-foot residential and commercial complex in Jamaica Plain’s Forest Hills area. The development team filed this week a Project Notification Form with…

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BRA OKs New Multifamily Projects from Corcoran Jennison, Trinity Financial

BRA OKs New Multifamily Projects from Corcoran Jennison, Trinity Financial

The Boston Redevelopment Authority (BRA) approved this week several real estate projects that, combined, will bring around 1,200 housing units across Boston.…

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$45M Renovation Transforms Historic Seaport Warehouse into Residence Inn by Marriott Hotel

$45M Renovation Transforms Historic Seaport Warehouse into Residence Inn by Marriott Hotel

After months of renovations and upgrades under designs by architecture firm Group One Partners, a six-story underutilized historic building located in downtown Boston’s Seaport District re-opened last week as the most recent Residence Inn by Marriott facility.…

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Construction to Break Ground on Salem’s New MBTA Intermodal Station

Construction to Break Ground on Salem’s New MBTA Intermodal Station

The Massachusetts Bay Transportation Authority (MBTA) announced it will close its Salem rail station for more than one year as a complex renovation project is underway. As reported by Boston.com, the MBTA Salem station parking lot will be replaced with a $37 million facility, a five-level parking garage with up…

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Hines Breaks Ground on Luxury Apartment Community near Boston

Hines Breaks Ground on Luxury Apartment Community near Boston

Hines’ newest luxury multifamily project in the Boston area kicked off this week at 36 River Street in Waltham, MA. Located just 10 miles west of downtown Boston, 36 River will create new high-quality housing opportunities for the city while supporting area businesses and community development along the Charles River.…

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A Green District Emerging in Allston

A Green District Emerging in Allston

After getting the green light from the Boston Redevelopment Authority (BRA), The Mount Vernon Company is preparing to break ground on a $17 million residential complex at 75 Brainerd Road in Allston. Called The Icon, the project is part of the Green District, which will be the largest privately funded,…

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Jefferies LoanCore Provides $60M Mortgage for Hingham Shipyard Retail Center

Jefferies LoanCore Provides $60M Mortgage for Hingham Shipyard Retail Center

The Debt & Equity Finance team of CBRE/New England has negotiated $60 million in first mortgage financing with New York-based investment bank Jefferies LoanCore on behalf of real estate development company Samuels & Associates. According to Citybizlist, the loan will be used to secure The Launch at Hingham Shipyard, a…

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