BOSTON-Plans for a luxury apartment building in the heart of the city's adult entertainment district are moving forward, despite an attempt by a former strip club owner to reopen a club close to the proposed building.
PEABODY, MA-Berwind Property Group buys a 320,000 sf building here and plans to invest three million dollars in renovations. The seller, Avnet, signed a 10-year lease on 120,400 sf of office space in the building.
CAMBRIDGE, MA-Millennium Pharmaceuticals is expanding its headquarters here in University Park, making it the largest biotech research park in the country. The biopharmaceutical company will eventually occupy 673,000 sf.
BOSTON-The Boston city council has put off a symbolic vote on the proposed ballpark in Fenway but Mayor Thomas M. Menino's office wants the council to wait for all relevant information before making a decision.
SOMERVILLE, MA-Developers of Assembly Square Mall and Mayor Gay are facing opposition. Despite the changes that now include a mixed-use development, opponents object to the erection of a Home Depot on the site.
LAWRENCE, MA-Eduardo Lozano has developed a master plan for this city, located 30 miles north of Boston. He would like to see its mill space converted to a center for high-tech companies and a technology training center.
CAMBRIDGE, MA-The business community here is worried about a citywide petition that proposes rezoning 17 districts as exclusively residential. The petition would also reduce FAR zones.
LAWRENCE, MA-Eduardo Lozano has developed a master plan for this city, located 30 miles north of Boston. He would like to see its mill space converted to a center for high-tech companies and a technology training center.
BOSTON-After losing its anchor tenant, Modern Continental Enterprises receives a commitment to lease 28,000-sf of space at Independence Wharf. The 14-story former factory building is being converted to Class A office space.
GREATER BOSTON-Recent renovations on three area shopping centers point to a national trend to redo existing centers rather than build new ones. The area malls had been in decline throughout the 1990s.