MAYNARD, MA-Monster.com, one of the internet's largest job-search databases, leases an additional 48,000 sf in the Clock Tower Office Park here. The company will now be leasing 250,000 sf in this 14 building, 1.1 million-sf office park.
BOSTON-In yet another indication that the Downtown Crossing area is experiencing a revitalization, H&M, the Swedish-based retailer, opens a flagship store on 350 Washington Street here. The new store opens just as Millennium Place, the $500 million hotel complex here, is about to be completed.
BOSTON-The South Boston Betterment Trust's lawsuit against Mayor Thomas M. Menino has been tossed out of court. The trust claims the mayor renegged on a deal that would have netted the neighborhood millions of dollars in linkage fees from developers.
WATERTOWN, MA-The renovated Arsenal site here needs to find new tenants as a number of its tech-related companies fall victim to the economic downturn. The area was supposed to be a more affordable alternative to the pricier real estate in nearby Cambridge.
MARLBOROUGH, MA-The commercial real estate market along Route 495 takes a turn for the worse as a number of major firms look to get rid of large chunks of their properties in this area. The vacancy rate here has risen 3% in a few months.
WALTHAM, MA-This city has to deal with its first project proposal to file for permit approval under the state's affordable housing law. The law allows developers to override local zoning restrictions and is coming under fire from some towns that claim developers are taking advantage of the law.
BOSTON-St. Anthony Shrine prepares to release its request for proposal to develop its property here at 100 Arch Street. The Franciscan order is looking to capitalize on the value of its real estate and is prepared to build an office tower where its 10-foot building now stands.
BOSTON-Big Dig officials have revealed the new finance plans for the highway construction project here. Recent cost estimates put the cost of the project at $400 million above last year's estimates, some of which will be paid for by the sale of Massachusetts Turnpike Authority real estate.
MARLBORO, MA- Sepracor Inc., a locally based pharmaceutical company, builds an office and laboratory building here on the grounds of a private school. The company is seeking property tax relief from this city for the $28-million project.
LEOMINSTER, MA-A state-ordered methane collection system is being installed at a landfill here. A representative from the mayor's office tells GlobeSt.com that the site may have some development potential.