CAMBRIDGE, MA-Broad Street Inc. enters the New England area by opening an office here in Kendall Square on One Memorial Drive. The strategic and marketing communications firm is confident that clients are ready to increase their sales and marketing activities now.
NATICK, MA-The town of Framingham is considering what to do with a 14.5-acre parcel it owns here. An effort to sell the parcel to a developer was rejected because many residents want to see the property remain as conservation land.
WORCESTER, MA- The University of Massachusetts-affiliated Worcester City Campus Corp. acquires 100 Century Dr. here in the Worcester Corporate Center for $6.8 million. The 81,500-sf building will be used by the University of Massachusetts Medical School while its building undergoes an approximately $50 million renovation.
BOSTON-The Massachusetts Turnpike Authority delays putting out the request for proposals to design the surface artery here--the huge swath of land that will run through the heart of the city here when the Big Dig puts the highway underground.
NORTH ANDOVER, MA-Lucent Technologies Inc. is in negotiations to give its manufacturing work here to a contract manufacturer. A spokeswoman for the company tells GlobeSt.com that the move will mainly affect the company's major plant here.
STOW, MA-In an effort to increase the diversity of the town's housing stock and to give more local control over residential projects built here, the town considers requiring potential developers to include a certain percentage of affordable housing in their projects.
GREATER BOSTON-It is yet to be determined how Kmart Corp.'s filing for Chapter 11 reorganization will impact the 29 stores the discount retailer has in this state. A local specialist in shopping center sales tells GlobeSt.com that the bankruptcy process could be a cumbersome one for area shopping center owners.
HOPKINTON, MA-Miraj Ahmed receives approvals from this town's zoning board of appeals to develop a 56-unit condominium complex here on School Street. There was concern over the project's impact on the local water supply but the developer has agreed to dig a well to serve the complex.
GREATER BOSTON-Despite the recession, Home Depot continues to expand its presence in the area. The national home-improvement chain, which already has 27 stores in the state, plans to open seven more stores here within the next year.
BOSTON-The Boston Redevelopment Authority wants to increase the allowable heights for buildings in the financial district but a city councilor objects to the way the city agency proposed the idea. The agency has agreed to do an impact analysis on the proposed zoning change.