BEVERLY, MA-A year after it scraps plans to develop a six-story office tower here in the Cummings Center, Cummings Properties Inc. decides to try again but this time in the Elliot Street complex of the Cummings Center.
BOSTON-In a victory for South Boston residents in their long-running battle with Greyhound Lines Inc., the city's Zoning board of Appeals votes to bar the bus company from parking buses in a depot that borders a residential neighborhood.
HOPKINTON, MA-EMC Corp. will lay off 10% of its work force--its largest layoff ever. A company spokesperson tells Globest.com that the company is looking to consolidate its current operations and the fate of two facilities under development is unknown.
CAMBRIDGE, MA-After nearly a year of evaluation, a rezoning plan for East Cambridge is finally being considered. The plan divides the area into five primary areas with different zoning recommendations for each area.
CAMBRIDGE, MA-After nearly a year of evaluation, a rezoning plan for East Cambridge is finally being considered. The plan divides the area into five primary areas with different zoning recommendations for each area.
MARLBOROUGH, MA-The Gutierrez Co.'s plans for an office park on 47 acres here is all set to go--except that the company has yet to find a tenant. This area has a number of large properties available recently.
BOSTON-The effort to establish a Business Improvement District here in the Downtown Crossing area appears to have lost its momentum. The proposal died in the state Legislature last year and has yet to be resubmitted.
BOSTON-Teradyne, Inc. slashes another 11% off its work force, with 120 employees in this state being laid off. The company says that its facilities here won't be affected but the company recently put a halt to construction on three new facilities in Bedford.
BOSTON-Local hotel and convention center officials here fear that the recent terrorist attacks could have long-term implications for their industries. Hospitality industry's reliance on the faltering airline industry is another source of concern.
BOSTON-In response to Tuesday's terror attacks in New York and Washington DC, area buildings have tightened security measures. There is speculation that commercial property insurance rates will be raised to offset these costs.