BOSTON-AEW Capital Management, the California Public Employees Retirement System and Sunrise Assisted Living Inc. have formed a joint venture to own and operate seven assisted living residences. Locally-based AEW represented CalPERS in the transaction.
BOSTON-The city council here could kill the plan to build a new ballpark for the Boston Red Sox in the Fenway if it does not approve of key aspects of the plan. Meanwhile, another venue in the Fenway might become available.
BOSTON-Corcoran Jennison plans to convert 2.8 acres of land here in the neighborhood of Dorchester into a 309-unit apartment complex. Local concerns about the development's height and its transient nature is galvanizing local activists to oppose the project.
WAKEFIELD, MA-A group of local activists prevent developers from building on one of the last few remaining parcels of lakefront property here. The group raised over $1.2 million to develop a park on the site instead.
WAKEFIELD, MA-A group of local activists prevent developers from building on one of the last few remaining parcels of lakefront property here. The group raised over $1.2 million to develop a park on the site instead.
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.
CAMBRIDGE, MA-Finnegan, Henderson, Farabow, Garrett & Dunner opens an office here on 245 First St. The Washington, DC-based law firm, which is one of the largest US firms specializing in intellectual property law, wants to be closer to its local clients.
BOSTON-A series of initiatives designed to alter the pattern of development in this state is garnering attention here, as the concerns of sprawl and congestion become regional issues. The initiatives are attempting to create regional zoning boards that could have better perspective on managing growth.
WEYMOUTH, MA-AvalonBay Communities Inc. begins construction on its two luxury apartment communities in this area--Avalon Orchards in Marlborough, MA, and Avalon Ledges, located here.
BOSTON-Developer Frank Keefe reportedly has his eyes on Saint Anthony Shrine, the Franciscan Friar's chapel here in the heart of Downtown, into a 30-floor office tower. The $200-million project would replace one of the area's most well known chapels.