The lack of demand for lab and office space that’s messing with developers throughout the region isn’t changing Boston Properties’ plans for Kendall Square – but a tenant is.
The Massachusetts Department of Transportation (MassDOT) and US Army Corps of Engineers will start building a replacement for the 90-year-old Sagamore Bridge connecting Cape Cod to the mainland in 2027, after winning close to $1bn in federal funding from the Bipartisan Infrastructure Law’s Bridge Investment Program last month.
Since state lawmakers approved an optional stretch code early last year, 45 municipalities covering about 30% of the state’s population have adopted the new guidelines.
A developer has received the approval it needed from Massport to build a housing development at the former Boston Edison Power Station on Summer Street in South Boston.
You know what they say: “Even a blind squirrel can find a nut once in a while.” Based on some expected tax changes coming down the line, you may be that squirrel.
From the iconic skyline to historic neighborhoods, Boston is undergoing a significant construction transformation. But what's driving this growth, and which sectors are leading the charge? Let's delve into the…
With housing construction stalled across Boston, the Wu administration is thinking big when it comes to ways to get apartment and condominium projects moving again.
Builder confidence in the market for newly built single-family homes jumped in May as continued inventory shortages boosted homebuilder optimism, despite higher construction costs and interest rates, the National Association of Home Builders reported.
Total construction starts rebounded in February to a seasonally adjusted annual rate of $912.8 billion, a 6% rise, due to bustling building activity for manufacturing plants and homes, according to Dodge Construction Network. But after a massive dropoff in January, starts for the first two months of the year were still 17% below their 2022 levels and weakness in the commercial and institutional sectors pose cause for concern.
Construction gained 25,000 jobs in January, continuing the industry’s long streak of monthly employment increases, but its unemployment rate reflected mixed results, the Bureau of Labor Statistics reports.
Eight years after Eversource first proposed building an electrical substation in the Eagle Hill neighborhood of East Boston, the utility is finally breaking ground on the $103 million project.
Supply chain chaos and an impending recession are among builders’ top concerns in 2023, according to a new survey.