Office

The development will incorporate 233 residential units, 25,000 square-feet of retail, 5,300 square-feet of office space, and a 4,000 square-foot event space.

“Building communities requires some sort of incentives program—but it must be one that is predictable and sustainable, transparent and accountable, and smartly devised and strategically deployed,” said Gov. Murphy in his address.

Real Estate Forum is searching for young professionals who have made a noticeable impact on the industry. The application deadline for nominations is fast approaching at July 17, 2019.

Urbanspace will relocate from its current headquarters at 801 W. 5th St. by year end, while the neighborhood coffee shop and bar are anticipated to open in time for SXSW 2020.

Discovery Labs is targeting major markets across the US and also has several international locations in its plans as well. Target domestic markets include: Boston; New York City; Northern New Jersey; Washington, DC; Raleigh-Durham, NC; Chicago, Houston, Austin, San Diego, Los Angeles, San Francisco and Seattle.

Boston Properties' new development at 325 Main is replacing an existing four-story commercial office and retail building at the site, formerly known as 3 Cambridge Center. The new building comprises approximately 375,000 gross square feet of new office space and 42,000 gross square feet of retail space at the lower levels.

Designed by CallisonRTKL, phase one of the project includes a 14-story, Class A, state-of-the art office building totaling 291,129 square feet; 135 multi-housing units, 34 ground level/loft apartment units and 101,439 square feet of retail space.

The two firms state that the property, which is expected to be completed and ready for occupancy in the first quarter of 2021, will “deliver the critical infrastructure and support network needed to advance biomedical research.”