The quasi-public Massachusetts Clean Energy Center is on the verge of purchasing the 37-acre port property from Florida-based shipping company Crowley, according to a company official.
A major industrial investment in a Gateway City north of Boston could come undone thanks to economic disruptions and a dispute between a major multinational company and state power regulators.
In a break from Gov. Charlie Baker’s approach, Governor-elect Maura Healey has vowed to give housing developers top priority as the state seeks to accelerate surplus property sales in the new administration.
A Salem man was convicted last week in a decade-long mortgage fraud scheme that saw lenders lose nearly $4 billion.
The BRIX project itself became endangered when the construction team found during the demolition process more site contamination than expected, and later discovered that several hundred feet of stormwater pipe were clogged with concrete.
The two developers vying for the third Massachusetts offshore wind development are each dangling the promise of economic development and renewal at a Massachusetts port if their project is selected — Mayflower Wind in Fall River and, announced Thursday morning, Vineyard Wind in Salem.
Housing experts, developers and business leaders have high hopes that the recently passed Housing Choice Act will boost housing construction in Massachusetts, reversing a decades-long decline in the number of units built each year in the Bay State.
When Marc Draisen, one of the more mild-mannered public servants out there, has taken to calling their actions “shameful,” you know the NIMBY minority on the Salem City Council has stooped to a new low.
An online marketplace for impact investors looking to put money into “smart growth” opportunity zones has launched featuring seven Massachusetts communities, including Boston and Salem.
Municipal elections across Greater Boston yesterday served as de facto forums on development, among other issues, and voters rewarded both pro- and anti-development candidates.
A historic Salem diner threatened by expansion plans at Salem State University could find a new home as a rooftop eatery in the city’s downtown.
Two developers are teaming up to bring a $20 million condominium project to downtown Salem, replacing a Brutalist-style courthouse with 61 units of market-rate and affordable housing.
Multifamily developer Bell Partners has acquired a 148-unit apartment complex in Salem for $52.2 million.
There are more than 160 breweries in the state, with 30 slated to open next year. In the Cape Ann area and the North Shore, there are dozens.
WorkBar is continuing its plunge into the North Shore.
Three Massachusetts men were charged last week in federal court in Boston in connection with a 10-year mortgage fraud scheme involving at least two dozen fraudulent loan transactions and $4.3 million in losses to lenders.
A handful of the marijuana businesses granted provisional licenses have informed the Cannabis Control Commission they are ready to be inspected, one of the final steps before retail sales of marijuana, approved by voters almost two years ago, can begin.
Through the Massachusetts Life Sciences Center (MLSC) the Baker administration awarded a total of $3 million in capital grant funding to the Gloucester Marine Genomics Institute, as well as to middle and high schools in Gloucester, Lynn and Salem.
