Hot Property: Great American Beer Hall
Demolition of a Medford bus repair garage this month will clear the way for construction a 20,000-square-foot beer hall and restaurant with capacity for 1,020 patrons.
Consumers Still Spending, but Businesses Expect Tighter Squeeze Ahead
Investors and a wide range of retailers are taking a dim view of the remainder of 2023 and expect consumers to buckle under pressure from inflation.
Retail Sales Rose Last Month, a Sign of Resilience
Americans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the holiday shopping season begins amid painfully high inflation and rising interest rates.
Mass. Retailers Forecast 10 Percent Spike in Holiday Sales
High inflation and steady recession talk do not appear to be dampening holiday shopping appetites, according to projections by the Retailers Association of Massachusetts.
Boston’s Newbury Street Will Close to Cars Weekly
Boston’s biggest shopping street will be closed to cars every Sunday through the end of September in a dramatic move city leaders say will draw more foot traffic to stores and restaurants.
Inflation Weighs on Families’ Back-to-School Shopping
This back-to-school shopping season, parents – particularly in the low to middle income bracket – are focusing on the basics while also trading down to cheaper stores amid surging inflation.
B&T’s Editorial Cartoon: The Latest Real Estate Fashion Is at Lord & Taylor
With three Boston-area Lord & Taylor locations set to be converted to lab space, scientists are about to get some makeovers.
Burlington Plants a Biotech Flag
Corporate headquarters ribbon-cuttings attract headlines and VIPs, but developers in Burlington say early-stage biotechs will be key to expanding Boston suburbs’ newest life science cluster.
This Month in History: Burlington Mall Opens
The Burlington Mall wasn’t the first of its revolutionary new breed of retail real estate in Massachusetts, but the mall marked a defining turning point for the genre.
Bravo for Retail Revitalization Pushes
Boston’s new push to boost its neighborhood retailers is coming at a welcome time, just as Gov. Charlie Baker is proposing a similar move statewide.
Luxury Retailers Stay Loyal to Back Bay
Seaport District developers have moved to overcome design and urban planning critiques in recent years, but one retail sector is unlikely to move to the South Boston waterfront anytime soon.
Hot Property: The Clarion
Shawmut Design and Construction completed the fitout of the Future Chefs youth empowerment and culinary training program at The Clarion.
Industrial Developer Buys Defunct Taunton Mall for $75M
An Atlanta industrial developer has closed on the $75 million purchase of the defunct Silver City Galleria property in Taunton, after receiving approval for a 1.1 million-square-foot development.
Arsenal Yards Reinvents Itself as COVID Recedes
Between new store and restaurant openings, the debut of the Blvd. & Bond residences and the groundbreaking for 100 Forge, the new life sciences tower, each passing week will bring new developments to the property.
Rising Tide Could Lift Retail Districts
As landlords and retailers searched for safe harbors, Ted Chryssicas’ brokers at Newmark stepped in to salvage long-time relationships and limit the wave of closings and vacant storefronts in shopping districts.
Webinar: What’s in Store? Local Experts Look Ahead to 2021’s Retail Trends
A discussion of retail trends in Greater Boston in 2020, the beginning of 2021 and the rest of the year.
Real-Time Sales Tax an Untested Gamble
In January, Gov. Charlie Baker filed his annual state budget proposal, which again included proposed changes to the commonwealth’s sales tax collection and remittance process.
Amid Adversity, Downtowns Learned How to Survive
The pandemic is not over yet. Still, retail shop owners and restaurateurs in small downtowns across Massachusetts are starting to eye a post-pandemic future – and they’re hoping many of the successful emergency relief measures put in place to help them get through the COVID-19 crisis remain permanent features moving forward.
Baker Eases Business Capacity Limits
Massachusetts is easing some of its COVID-19 restrictions by increasing the capacity limits on businesses to 40 percent, Gov. Charlie Baker announced Thursday.
Walsh Reopens Theaters and Gyms as COVID Infections Drop
Satisfied that the most recent surge in COVID-19 cases is safely behind the city, Boston Mayor Marty Walsh announced gyms, movie theaters and other venues closed in December will be able to reopen Feb. 1.
