Colliers International Bostons Week In Review


Real Estate Articles of Note
October 14 – October 20, 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.


Boston submits its bid for Amazon, aiming for 50,000 jobs and a transformation
The Boston Globe — October 20, 2017
Boston on Thursday submitted its bid in the heated competition for Amazon’s new $5 billion “second headquarters,” a 218-page pitch that leans hard on the region’s intellectual firepower and offers up Suffolk Downs as a site whose ease of development outweighs its distance from the heart of the city.


Watertown-based athenahealth laying off about 500 employees
The Boston Globe — October 19, 2017
Athenahealth Inc., the digital health care services company in Watertown, is eliminating about 500 jobs as part of a cost-cutting plan detailed Thursday in the face of pressure from an activist investor.


Siemens is expanding its Walpole plant. Some residents aren’t happy.
Boston Business Journal — October 19, 2017
Town residents plan to hold a rally on Thursday to voice concerns about the project, which they fear could have a minimal impact on local employment while adding to traffic congestion.


New Bedford, Billerica make their pitches for Amazon HQ2
Boston Business Journal — October 19, 2017
Unlike with Worcester, the two bids do not include specific offers for tax breaks for the tech giant.


Starting with a smile, Worcester pitches $500M in property-tax breaks to land Amazon HQ2
Boston Business Journal — October 18, 2017
Worcester's bid to land Amazon's proposed $5 billion, 50,000-job second headquarters campus pitches a 98-acre site in the city's Grafton Hill neighborhood.


NorthPoint now going by Cambridge Crossing
The Boston Globe - Print Edition — October 18, 2017
One of the biggest development projects in the core of Greater Boston is getting underway in earnest. DivcoWest is readying several construction sites for its 45-acre NorthPoint campus on the borders of Cambridge, Boston, and Somerville, where it plans to put five office buildings and about 2,400 condos and apartments over the coming years.


These 7 teams have ideas about how to expand Boston’s convention center
Boston Business Journal — October 18, 2017
The renewed process to determine how best to grow the Boston Convention and Exhibition Center follows an early 2015 decision by Gov. Charlie Baker to freeze $1 billion in funding for the planned 1.3 million-square-foot convention center expansion.


Boston’s Summer Street corridor booming with restaurants, luring new office tenants
Boston Business Journal — October 18, 2017
When it’s time for lunch for those who work along the Summer Street corridor in downtown Boston, the dining options are bountiful. Within a five-minute walk, there are dozens of eateries: fast casual to fine dining; grab-and-goes to white table cloths; ethnic fare to barbecue joints; outdoor patios to indoor haunts.


MassBio: Massachusetts edges out California as #1 biotech hub
BioPharma Dive — October 17, 2017
Among the handful of major biotech hubs in the U.S., Massachusetts — and more precisely, the Boston metropolitan area — has shown immense growth over the last few years. And a recent report further strengthens those claims.


See inside the sweet new Schrafft’s City Center lobby in Charlestown
Boston Business Journal — October 15, 2017
It’s been a year since the century-old former Schrafft’s Candy Factory in Charlestown took the wrapper off its newly repositioned lobby, and the new space is sweeter than ever.


These 16 developers want to transform UMass’ Bayside Expo site
Boston Business Journal — October 15, 2017
By UMass' estimation, the 20-acre Bayside Expo site in Dorchester could yield up to 2.5 million square feet of mixed-use development.


Boston is No. 1 in the country for startups (again), says U.S. Chamber
Boston Business Journal — October 12, 2017
For the second year in a row, Boston was named the top place in the country for startups by the U.S. Chamber of Commerce Foundation in a new report.




Colliers In The News


Hood Park celebrates the groundbreaking of its 177-unit Charlestown residential project
Boston Real Estate Times — October 19, 2017
... a comprehensive team of experts to bring the project to fruition. Project managers from Colliers International, construction managers from Lee Kennedy Associates, architects from CBT, and management/leasing ...


Boston cybersecurity firm Rapid7 is considering new HQ options
Boston Business Journal — October 17, 2017
...A third-quarter market report from real estate brokerage Colliers International indicates Rapid7 (Nasdaq: RPD) is hunting for up to 120,000 square feet of space. There are ...


Personnel File - Banker & Tradesman
Banker & Tradesman — October 16, 2017
...Colliers International. .Jessica Sawyer has rejoined the Boston office of Colliers International as executive vice ...


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