Wakefield Turns Down MBTA Communities Zoning
Wakefield joined Marshfield and Milton in the suburban resistance to the MBTA Communities housing production law, rejecting three proposals to rezone an area near transit for multifamily development.
Wakefield joined Marshfield and Milton in the suburban resistance to the MBTA Communities housing production law, rejecting three proposals to rezone an area near transit for multifamily development.
Boston Properties has started construction of the tallest building in Cambridge history, the 121 Broadway residential tower slated for completion in 2027.
Ware-based Country Bank is planning to put up a branch in Springfield by 2025 to establish a physical presence there amid growth opportunities and intensifying competition in the Western Massachusetts market.
A speculative lab project in Waltham landed its largest tenant to date in a Framingham-based biopharma company.
With home sales effectively flat across the state last month, January offered few signs of encouragement that the 2024 housing market will be a significant improvement over last year’s.
The state is stripping Milton of a $140,800 coastal resiliency grant awarded only a month ago after voters there rejected a multifamily zoning package last week that was intended to bring the town into compliance with the MBTA Communities transit-oriented zoning law.
Federal antitrust prosecutors have asked the judge overseeing a lawsuit against Massachusetts’ main multiple-listings service to reject a proposed settlement in the case, arguing instead that buyers should be the only ones to pay their agents’ commissions.
Developers MP Boston and Beacon Capital Partners received approval for their 380,800-square-foot South Boston Innovation Campus project in 2020. Now, MP Boston wants to nearly double the campus’ size.
In his new role, Nicholas Christ is responsible for developing new talent and products while expanding the bank’s lending throughout its Eastern Massachusetts market.
Lending conditions for commercial real estate showed the first improvement in seven quarters, according to a CBRE analysis of recent activity, amid signs that borrowing costs have peaked.
Warning about the prospect of a “permanently diminished city,” think tank analysts said a sharp and steady drop in the value of office buildings could soon punch a hole in the city’s budget, endangering resources for schools, first responders and more.
Samuels & Assoc.’s next life science project in the Fenway will include a new neighborhood branch for the Boston Public Library and funding for a nearby affordable housing project.
Hometown Financial Group is growing its eastern Massachusetts footprint as it announced a merger between Abington Bank and North Shore Bank on Thursday.
A joint venture has purchased a 11,845-square-foot retail plaza at 1 Green St. in Medfield.
Zillow predicts another hot spring market this year, as well-priced homes are selling quickly and overpriced homes are seeing price cuts.
PNC Bank recently announced a $1 billion nationwide investment to open more than 100 branches and renovate over 1,200 existing branches through 2028, and Boston is getting two new branches from that plan.
Milton voters rejected a rezoning plan that would have encouraged multifamily development, becoming the first Boston suburb to defy the state’s MBTA Communities law, which is designed to encourage housing production and ease Massachusetts’ affordability crisis.
The owner of a retail property next to Faneuil Hall Marketplace will add an interactive museum as its newest tenant, the first in a series of pending changes to the Boston tourism hub.
A former insurance company headquarters overlooking Route 128 attracted an office and R&D lease from an industrial sensor manufacturer.