BOSTON-Colliers International's survey of 15 major Downtown office markets reveals an unexpected 651% increase in sublease space here. Recovery is not around the corner but when it comes it should be quick.
BOSTON-A number of Massachusetts towns want the State to reform Chapter 40B, the so-called anti-snob zoning law, out of concern that developers are using the law to circumvent local zoning regulations. Governor Jane Swift has proposed a number of changes to the law.
SUTTON, MA-Home Depot Inc. withdraws its plans to build a trucking facility in Shrewsbury and focuses instead on building the facility here. The Atlanta, GA-based company insists that the change in venue has nothing to do with local opposition to the plan.
BOSTON-Cabot Cabot & Forbes look to the biotech industry to fill the space in its 425,000-sf facility here in the neighborhood of Brighton. The facility was originally supposed to house an Interet data center but the high tech bust forced its tenant to back out.
BOSTON-The Boston Development Authority's request for proposals to develop Hayward Place, a 37,380-sf city-owned parcel here in the heart of Downtown, receives eight bids. The site was the center of a controversy last year when the BRA seized it, claiming it was "blighted.
BOSTON-This city could see the development of a major new hotel project if the zoning commission approves the changes sought by its developers, Sawyer Enterprises and Loews Hotels. The project has the support of the mayor's office.
BOSTON-The battle over a proposed new runway here at Logan International Airport intensifies as the city hires a powerful local law firm to defend a 25-year old injunction against the runway.
MILTON, MA-This town is looking to increase its tax base by encouraging mixed-use development in its lower mills area. To that end, this largely residential community, 20 miles outside of Boston, recently passed its first-ever mixed-use zoning.
BOSTON-Four Seasons Hotel general manager Robin Brown leaves his job to establish CWB Boylston whose principals will be Brown, mall developer Stephen Weiner and Julian Cohen. The trio will focus on developing a luxury hotel and condominium complex here at the Prudential Center.
BOSTON-Four Seasons Hotel general manager Robin Brown leaves his job to establish CWB Boylston whose principals will be Brown, mall developer Stephen Weiner and Julian Cohen. The trio will focus on developing a luxury hotel and condominium complex here at the Prudential Center.