Hot Property: 585 Kendall

BioMed Realty has received special permit approval from the Cambridge Planning Board for 585 Kendall, a 500,000-square-foot office-lab building including community and performing arts space.

Projects Maximize Potential of Chinatown Parcels

Luxury towers have eroded Chinatown’s working-class housing stock for years. Now, a pair of proposals would generate a combined 328 affordable units as officials and community groups seek to address the housing crisis through surplus property dispositions. 

Hot Property: BioMed East Coast HQ

BioMed Realty’s new East Coast headquarters will occupy a single-story, 25,000-square-foot buildout in the Site 5 Building of MIT’s campus gateway at Kendall Square, serving the existing team of 50 employees with room for expansion.

Lobby Art Raises Funds for Research

When Boston Private wanted to present board members and clients with artwork several years ago, they turned to Art in Giving, co-founded by Eliane Markoff. The nonprofit raises money for pediatric cancer research.

Arts Groups Want Spotlight in Future Development

Boston Mayor-elect Michelle Wu has some ideas about how to save the city’s cultural venues from extinction. Her arts-and-culture platform calls for the city’s zoning code to be updated with new requirements for studio, rehearsal, performance and live-work artist housing.

Lab Developers Stake Out Submarkets

Using data from brokerages Newmark, JLL and Colliers International, plus information from tenant and landlord SEC filings and earnings presentations, Banker & Tradesman has compiled a look at who dominates some of the most active life science submarkets and what’s in the pipeline.