BOSTON-A map released by the Federal Aviation Administration indicates that a new runway proposed for Logan Airport here could increase the noise levels on parts of the waterfront development in South Boston.
BOSTON-The Bush administration amends its executive order banning project labor agreements on federally-funded projects. Projects with existing project labor agreements--such as the Big Dig here--will be allowed to file for an exemption.
NORWOOD, MA-Domain Home Fashions plans to add 20 stores in the Northeast region over the next three years. The locally based home furnishings retailer has three stores in Massachusetts and is looking to open three more in the Boston metropolitan area.
MARLBORO, MA-Lucent Technologies may be considering a move out of its 500,000-sf campus here, according to unconfirmed reports. The New Jersey-based telecommunications company also owns the development rights to another 500,000-sf here.
MANSFIELD, MA-TJX Cos., the Framingham, MA-based retailer, takes 140,000 sf in industrial space left behind by Smarterkids.com. The dot-com had to move when it merged with a California company.
BOSTON-Leggat McCall Properties makes major changes as its two senior principals retire and senior management acquires the company. The company, which is liquidating its real estate positions, sold $500 million in properties over the last year.
BOSTON-The US Postal Service's plan to relocate its processing center here in South Station to South Boston is in jeopardy because of a freeze on spending. The move would free up nearly 20 acres on the South Boston waterfront.
BOSTON-GEN3 Partners stakes its claim as the next in the long line of high-tech victims of the recent economic downturn with its layoff of another 25 employees. The strategy consulting firm, headquartered here, laid off 20% of its workforce this past September.
MAYNARD, MA-Breakaway Solutions prepares to relocate from its headquarters here to Philadelphia. The move comes less than three months after the Internet consulting firm moved out of new offices in Boston just six weeks after it had leased the space.
BOSTON-One analyst anticipates about 200,000 sf of space returning to market, which will drive up vacancy rates. Nonetheless, the local market is in good shape and is expected to improve slowly after the summer.