BOSTON-The hotel and condominium complex being developed here in Battery Wharf in the North end section of the city is facing delays. The company is restructuring the financing for the project but a representative of the development company insists that it is the changed market that is causing the setbacks.
BOSTON-The Fan Pier project, slated for development in south Boston, could finally get the okay from the city. One of the city's largest-ever development projects, it has been the subject of intense debates over building height, density and the amount of open space in its design.
BOSTON-The Boston Redevelopment Authority releases a request for proposal for a 150,000-sf parcel here as part of the mayor's new economic development program, which supports local commercial and industrial businesses. Favorable consideration for the RFP will go to the maritime industries.
BOSTON-A bill is before the Legislature here to increase the city's linkage fees and decrease the payout periods in the city's neighborhoods. A representative from NAIOP will testify in support of the legislation, despite the additional fees it places on commercial developers here.
ARLINGTON, MA-The Archdiocese proposes developing a 68-unit residential complex here but the plan is being met with increasing local opposition. The affordable-housing component of the plan would enable the church to bypass local zoning laws.
BURLINGTON, MA-The area's Irish heritage coupled with its reputation as a tech center proves a draw to Donegal, Ireland-based Iontas Ltd. The software development company establishes its US headquarters--and first US presence--here.
LEOMINSTER, MA-The Searstown Mall here on Route 2 and Commercial Road gets a makeover as a new anchor tenant, Filene's, takes over for the now-bankrupt Bradlees. The Bradlees store will be razed and replaced with a parking lot while Filene's will be developed on another former parking lot.
BOSTON-This city will soon welcome one of its largest grocers as Shaw's Supermarkets begins construction on a 60,000-sf store here at the Prudential Center. The full-service supermarket is being termed an "urban grocery store.
BOSTON-A decision by the MBTA to delay modernizing the Maverick Square subway station here until 2008 could impact the development schedule of Clippership Wharf, a 400-unit condominium project, which would be located right near the station.
BOSTON-Beacon Capital Partners nails down its last requirement to gain approval for its proposed Midway project here in the Fort Point Channel district by purchasing a site on for development of off-site housing. The 130 units will help the company meet residential requirements for its 1.5 million-sf project.
