Real Estate Articles of Note
August 12 – August 18, 2017
The following represents articles of interest to the Boston real estate community that appeared in various publications during the week. Certain news links may require site registration or subscription to access the complete article.
What a suburban developer may do to transform the Globe's former HQ
Boston Business Journal — August 17, 2017
After years of false starts and two failed negotiations, the third sales agreement may be the charm for the longtime Boston Globe headquarters. Momentum is building for a surfeit of serious real-estate development activity along William T. Morrissey Boulevard in Dorchester, with more than 50 acres...
GE's Boston-based energy 'startup' to outfit 30 Home Depots with solar panels
Boston Business Journal — August 17, 2017
General Electric Co.'s Boston-based clean energy spinout, Current, just won one of its biggest solar deals yet, signing on to install panels at 30 Home Depot Inc. stores on the East Coast.
Study: Boston rail link to cost $4 billion to $6 billion
The Lowell Sun — August 17, 2017
BOSTON -- Depending on its scope, a nearly three-mile underground rail line connecting North Station and South Station, the two rail hubs in downtown Boston, would cost between $4 billion and $6 billion, according to a study conducted by Harvard Kennedy School students and faculty.
Youngest Boston Marathon bombing victim is remembered at park’s groundbreaking
The Boston Globe — August 16, 2017
Before he became the youngest victim of the Boston Marathon bombings in 2013, Martin Richard was an 8-year-old who loved to play. His zeal for the outdoors, along with his spirit of inclusivity toward children of all abilities, was the vision behind Martin’s Park, which was celebrated in a groundbreaking ceremony Wednesday by hundreds of people who gathered outside the Boston Children’s Museum.
Mattapan housing renovation a ‘fully inclusive project’
Boston Herald — August 16, 2017
Mayor Martin J. Walsh helped cut the ribbon on the newly renovated Wayne at Columbia housing development yesterday, preserving 83 units of affordable housing at the Mattapan site.Walsh praised Cruz Companies, the region’s oldest and largest minority-owned construction and real estate development firm, for its work on the project. Of the 238 workers who contributed to the development, 80 percent were persons of color and 65 percent were Boston residents, Walsh said, adding that 72 percent of the contractors were people of color.
Malls going the way of the dinosaur? Don’t discount them yet
The Boston Globe - Print Edition — August 16, 2017
Greater Boston’s shopping centers are rallying, with new experiences ranging from outdoor dining to grocery shopping to total village living.
WinnCompanies Names Development Team for $1.6B Project
GlobeSt.com — August 15, 2017
WinnCompanies reports that the AFL-CIO Housing Investment Trust will serve as the financing partner for the redevelopment project that will take place in
Another fast-growing tech firm heads into downtown Boston
The Boston Globe - Print Edition — August 15, 2017
CloudHealth Technologies is nearly tripling its office space, signing a lease for 80,000 square feet at the 100 Summer St. tower.
$57M development proposed for T lot
Boston Herald — August 14, 2017
A proposed $57 million development would convert part of the MBTA’s Mattapan Station parking lot into a mixed-income apartment building with 135 units and 10,000 square feet of commercial/retail space.Preservation of Affordable Housing Inc. and Nuestra Comunidad Development Corp. filed a letter of intent with the Boston Planning & Development Agency to build on the 2.57-acre River Street site in Mattapan Square, which borders Milton and Hyde Park, and is bound by Blue Hill Avenue and the newly restored Neponset River Greenway.
Wynn's Somerville pedestrian bridge study on its way
The Boston Globe — August 12, 2017
...Wynn Boston Harbor casino is providing $250,000 to study a new bike and pedestrian bridge over the Mystic River between the gambling hall and Somerville. The study, being led by international engineering and design firms AECOM and BEAM, is expected to be completed before the end of the year.
Colliers In The News
Colliers Signs Two Cambridge Transplants to The RMR Group's 9 Galen Street
Citybizlist : Boston : Commercial Real Estate — August 12, 2017
...About Colliers International Group. .Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIGI is an industry-leading ...
Former Marist Residences Sold For Nine Condos
Banker & Tradesman — August 11, 2017
...Colliers International’s CEO Tom Hynes, Senior Vice President Chris Sower and Executive Vice President Scott Dragos ...
Colliers arranges $31 million financing for parking asset in Warwick
New England Real Estate Journal — August 10, 2017
...Warwick, RI Colliers International’s Boston Capital Markets group has arranged a refinancing for 1960 Post Rd., a parking asset and ...