The viability of widescale office-to-residential conversion projects still is up for debate, but signs point to a greater awakening to incorporate multifamily housing into underutilized retail centers across Greater Boston.
Construction costs are already sky-high in Greater Boston, and there is fear decarbonization regulations can add even more strain on affordable housing developers’ wallets.
Time is money in design and development. Is artificial intelligence the wonder drug for commercial projects in a costly market like Massachusetts?
Developers have also found an increasingly receptive audience with city leadership in Gateway Cities just outside Boston at a time when many point to an increasingly high cost of doing business within city limits.
A vital ingredient in generating more housing across Massachusetts is moving forward in several municipalities ahead of an end-of-year deadline. But that doesn’t mean there’s suddenly a silver bullet for housing creation, developers say.
Construction cranes everywhere. Big tenants’ space backfilled when they move to a new tower. If you didn’t know better, Boston’s office market might seem like it’s humming along in a strong economy.
The lab and life science market in Greater Boston and across the nation might be cooling off, but there are still some tailwinds benefiting suburban office-to-lab conversions that were set in motion in recent years.
Experts say Greater Boston’s huge volumes of lab space under construction could give international biotechs without a local presence an opportunity to plant their flag.
Is another sustainability regulation coming down the line for Boston developers? Traditional commercial building materials such as steel and concrete are drawing scrutiny from regulators as a potential contributor to the building sector’s carbon footprint.
Biomanufacturing was supposed to be a big part of the next “Massachusetts Miracle,” but tenant requirements have been cut in half in the last year. But its believers have faith in the sector’s durability over the long term.
From the Seaport to the Back Bay, it might seem like every new condo building going up in Boston has a condo component attached to a well-known luxury brand. And new data shows it’s happening for good reasons.
A rising thread of criticism says some of the speed of development in the Seaport came at the expense of other neighborhoods – and specifically, local entrepreneurs’ access to profit-generating liquor licenses. But it doesn’t have to be this way, retail experts say.
The developer behind the neighborhood’s massive, 2.7 million-square-foot project says it plans to bring local retailers into its new buildings alongside national credit tenants amid fears longtime businesses could be displaced.
What’s keeping affordable housing developers up at night? The financial sword of Damocles currently dangling over the regional banking sector. Silicon Valley Bank has been a major lender to community development corporations.
The race is on to decarbonize real estate developments across Greater Boston. But it doesn’t mean developers need to be fearful of crushing costs, experts say.
The adage across all commercial real estate during economic cooldowns is a financial flight to quality – high-end buildings in the urban core. That might not be the case this time around.
Experts say South Coast Rail will operate so infrequently, and will be so expensive to ride, that few developers will have an incentive to build speculative housing developments near its far-flung stations.
A spike in Massachusetts condominium sales prices in October may not be a signal of a flight to affordability so much as be a sign that developments under construction over the last few years are finally coming online.
How many of the numerous proposed new life science clusters outside Kendall Square ecosystem have sea legs? One might surprise you: Medford.
Other cities’ experiments with “rent control 2.0” offer clues to how Boston Mayor Michelle Wu may try to fulfil a key campaign promise while keeping developers on-side.
