• Bldup logo high res

Totals

General

Established 2015
Employees 12
Website http://www.bldup.com
Phone Number 617-329-9042

Description

BLDUP is a place to get real time information on construction and real estate development. The company is the web authority for commercial construction.

Updates

December's Top New Construction Multifamily Buildings in Boston
- Jan 08, 2019

Below are BLDUP's most active* Boston-area new construction multifamily buildings as of December 2018. All of these buildings are either approved, under construction or recently completed. Each building contains either apartments or condominiums; a number of buildings are mixed-use and contain retail space.

*Most active based on page traffic


1. The Hub on Causeway

Bulfinch Triangle - Boston

Projected Opening: Phase One Now Open

The Hub on Causeway is a 1.87 million square foot mixed-use development featuring three towers with retail, office, hotel, and residential uses. The Hub on Causeway will be constructed in three phases. Completion of Phase One of The Hub on Causeway is expected in late 2018. Phase Two will consist of a 38-story residential tower with approximately 440 units and a 10-story citizenM hotel tower with approximately 260 rooms. Phase Three will consist of a 21-story office tower totaling approximately 525,000 square feet. Learn more >>>

2. Fenway Center

Fenway - Boston

Projected Opening: Early 2020

$600 million, 1.1-million-square-foot mixed-use air rights development project in Kenmore Square that will consist of five new buildings, including a 27-story tower, above the Massachusetts Turnpike and on existing surface parking lots. A total of approximately 550 residential units, 160,000 square feet of office space and over 50,000 square feet of retail will be built at Fenway Center, in addition to over 30,000 square feet of park and green space. A seven-story parking garage at Fenway Center will include 1,290 parking spaces. As part of the project, the Yawkey MBTA commuter rail station was recently overhauled, and new public access roads were constructed throughout the existing parking lots. Learn more >>>

3. Avalon at Hilltop

Saugus, MA

Projected Opening: Late 2019

The project consists of a mixed-use redevelopment of the 14-acre former Hilltop Steakhouse site located on Route 1 in Saugus. Three new four-story residential buildings will be constructed at the site’s rear containing 280 luxury apartments. Apartments will include 16 studios, 122 one-bedroom and 142 two-bedroom surrounding a landscaped courtyard with a pool, grills, fireplaces and dog parks. 10% of apartments will be designated affordable. Learn more >>>

4. Bulfinch Crossing

Bulfinch Triangle - Boston

Projected Opening: Fall 2020

Bulfinch Crossing is a 2.9-million-square-foot multi-phased development project that will replace the existing above-grade concrete Government Center Garage with six mixed-use buildings, a pedestrian-friendly streetscape and a public plaza on two appropriately-scaled urban blocks spread across approximately 4.8 acres. The West Parcel will include a 45-story, 480-foot-tall luxury residential apartment building at 100 Sudbury Street, which will be the first structure built. The Phase I tower will feature 368 apartments and 55 condominiums for a total of 423 residences  Learn more >>>

5. Washington Village

South Boston  - Boston

Projected Opening: TBD

Upcoming redevelopment of five acres in South Boston’s Andrew Square into a mixed-use development spanning six blocks. Eight buildings will be constructed containing 656 residences including both apartments and condominiums, 98,600 square feet of retail space and parking for 560 cars. Residences will include studios, one-bedrooms, two-bedrooms, and three bedrooms. 110 residential units at Washington Village will be designated affordable. Learn more >>>

6. St. Regis Residences, Boston

Seaport District - Boston

Projected Opening: 2022

Upcoming 22-story mixed-use waterfront building in Boston's Seaport District. The St. Regis Residences, Boston will contain 124 residential condominiums, 10,700 square feet of ground and second level retail space and three levels of underground parking.  A Harborwalk extension will be built around the building. The St. Regis Residences, Boston will be built at the former site of the Whiskey Priest and Atlantic Beer Garden waterfront  Learn more >>>

7. Nova Residences of Quincy

Quincy Center, Quincy, MA

Projected Opening: 2019

Upcoming mixed-use building located in the heart of Quincy Center steps from the MBTA Red Line. Nova Residences of Quincy will feature 171 apartment residences and over 15,000 square feet of ground-floor commercial space. 36 second-floor apartments at Nova Residences of Quincy will be convertible to hotel rooms should market demand arise. Nova Residences of Quincy will be connected to a public ground-floor, all-weather galleria linking Hancock Street to a new 650-to-700-space parking garage that will be built by the City of Quincy. The galleria will include seating, public art, and retail. Learn more >>>

8. The Saybrook

Brighton, Boston, MA

Projected Opening: 2020

The project features a 29-unit residential condominium building with 1,045 square feet of ground-floor retail which will be located a short walk to the Boston Landing development. Condominiums at The Saybrook will include 5 one-bedrooms, 16 two-bedrooms, 3 two-bedrooms with dens and 5 three-bedrooms. Over half of condominiums will have exterior decks. Four condominiums will be designated affordable. A ground-floor parking garage at 212-214 Market Street will house 32 vehicle parking spaces as well as bicycle storage space. An additional bicycle storage room will be located on the proposed building’s ground floor. Learn more >>>

9. The Residences at Fairmount Station

Hyde Park, Boston, MA

Opened September 2018

The new four-story building located next to the Fairmount MBTA commuter rail station contains 27 mixed-income residential rental apartments. Units include 3 studios, 3 one bedrooms, 16 two-bedrooms, and 5 three-bedrooms. 24 units will be rented to households earning no more than 60% of area median income (AMI), and 3 units will be rented at market rate. 6,000 square feet of child play space and green space is located at The Residences at Fairmount Station for resident use. A 585-square-foot public community room and a parking garage containing 27 vehicle spaces are located on the building's ground floor. Learn more >>>

10. NEMA Boston

Seaport District, Boston, MA

Projected Opening: 2019

Upcoming 22-story mixed-use tower featuring 414 apartment residences ranging from "micro" innovation units to three-bedrooms sustainably designed to achieve LEED certification.  NEMA Boston has been designed to reflect the Seaport's industrial heritage with interiors will featuring raw steel features and stone floors. Luxury resident amenities at NEMA Boston will be housed on the 21st floor of the building, framed by stunning views of the Boston skyline and complemented by Crescent Heights' signature "Predictive Service," harmonizing genuine hospitality approach and leading-edge residential technology. Learn more >>>


The Rise of Urgent Care
- Dec 27, 2018

The Rise of Urgent Care

Throughout the past 5-10 years, Urgent Care Centers have been popping up throughout New England and the US.  While not meant to replace a primary care doctor or an emergency room for truly life-threatening situations, Urgent Care Centers can help fill the gap for patients with common illnesses and non-life threatening episodic events such as sprains, broken bones, the flu or cold. As patients also become more interested in convenience this $18 billion industry continues to grow.

Data from The Urgent Care Association

Why have urgent care centers become so popular?

Patients are now healthcare consumers, they want quality options with ease.

  • Urgent Care centers offer longer hours and walk-in appointments not available at a traditional doctors office.  

  • Most urgent care centers can treat fractures, take x-rays and conduct lab tests on site, services often not available at a primary care office.  According to the UCA, urgent care centers have the ability to diagnose and treat 97% of the patients that visit.

  • Wait times are also often far less than traditional ER visits.

  • These centers can provide needed care at a much lower cost.

  • In rural areas clinics provide a quality option for those without easy access to a hospital.

  • New urgent care centers are being built to include the latest in health care technology and are often in high traffic locations, offering an easy stop for treatment before a trip to the grocery store.

These changes are especially resonating with Millenials. According to a survey by the Kaiser Family Foundation 45% of 18- to 29-year-olds and 28% of 30- to 40-year-olds didn’t have a primary care provider. These patients are the perfect candidates to visit an Urgent Care facility when they need treatment for a minor illness one to two times each year.

From 2007 to 2016, urgent care centers showed an increase in claims of 1,725%—a growth rate more than seven times that of ER claims (229%) in the same period. With this shift in how Americans access healthcare expect to see more Urgent Care Centers coming to a neighborhood near you.


November’s Top New Construction Multifamily Buildings in Boston
- Dec 04, 2018

Below are BLDUP's most active* Boston-area new construction multifamily buildings as of November 2018. All of these buildings are either approved, under construction or recently completed. Each building contains either apartments or condominiums; a number of buildings are mixed-use and contain retail space.

*Most active based on page traffic


1. The Hub on Causeway

Bulfinch Triangle - Boston

Projected Opening: Late 2018 (Phase One)

The Hub on Causeway is a 1.87 million square foot mixed-use development featuring three towers with retail, office, hotel, and residential uses. The Hub on Causeway will be constructed in three phases. Completion of Phase One of The Hub on Causeway is expected in late 2018. Phase Two will consist of a 38-story residential tower with approximately 440 units and a 10-story citizenM hotel tower with approximately 260 rooms. Phase Three will consist of a 21-story office tower totaling approximately 525,000 square feet. Learn more >>>

2. One Dalton

Back Bay - Boston

Projected Opening: 2019

One Dalton will consist of 712,500 square feet of residential, hotel and retail space. One Dalton's upper floors will contain 180 private luxury condominium residences. Underneath will be a Four Seasons luxury hotel with 215 rooms. Building amenities will include a lap pool, a fitness center, a salon with manicure, pedicure and hair styling services, a private yoga and pilates studio, a golf simulator room with a wet bar and a private theater room, and more. Learn more >>>

3. St. Regis Residences, Boston

Seaport District - Boston

Projected Opening: 2022

Upcoming 22-story mixed-use waterfront building in Boston's Seaport District. The St. Regis Residences, Boston will contain 124 residential condominiums, 10,700 square feet of ground and second level retail space and three levels of underground parking.  A Harborwalk extension will be built around the building. The St. Regis Residences, Boston will be built at the former site of the Whiskey Priest and Atlantic Beer Garden waterfront  Learn more >>>

4. Market Central

Central Square - Cambridge

Projected Opening: 2020

Upcoming approximately 308,000 square foot mixed-use transit-oriented development at the intersection of Massachusetts Avenue and Main Street in the heart of Cambridge's Central Square. Market Central will construct 308 apartment residences and 17,000 square feet of retail. Three new buildings will be constructed at Market Central including a 19-story, 195-foot tall "high-rise living" tower with sweeping Charles River and Boston skyline views, a six-story, 70-foot tall "innovation housing" building with studios and roommate units and a four-story, 45-foot tall "family housing" building at the rear of the site. Learn more >>>

5. Avalon at Hilltop

Saugus, MA

Projected Opening: Late 2019

Approved mixed-use redevelopment of the 14-acre former Hilltop Steakhouse site located on Route 1 in Saugus. Three new four-story residential buildings will be constructed at the site’s rear containing 280 luxury apartments. Apartments will include 16 studios, 122 one-bedroom and 142 two-bedroom surrounding a landscaped courtyard with a pool, grills, fireplaces and dog parks. 10% of apartments will be designated affordable. Learn more >>>

6. Bulfinch Crossing

Bulfinch Triangle - Boston

Projected Opening: Fall 2020


Bulfinch Crossing is a 2.9-million-square-foot multi-phased development project that will replace the existing above-grade concrete Government Center Garage with six mixed-use buildings, a pedestrian-friendly streetscape and a public plaza on two appropriately-scaled urban blocks spread across approximately 4.8 acres. The West Parcel will include a 45-story, 480-foot-tall luxury residential apartment building at 100 Sudbury Street, which will be the first structure built. The Phase I tower will feature 368 apartments and 55 condominiums for a total of 423 residences  Learn more >>>

7. Winthrop Center

Financial District - Boston

Projected Opening: 2022

Upcoming 53-story, 691-foot-tall tower that would replace a decrepit City-owned parking garage located in Winthrop Square in the heart of Downtown Boston. Across the $1.3 billion, 1.592-million-square-foot tower’s top 26 floors would be approximately 500 condominium residences, with approximately 750,000 square feet of commercial office space across 20 floors below. As part of the proposed project, 115,000 square feet of new affordable housing would be created, most likely in Boston’s Chinatown in collaboration with the Asian Community Development Corporation. Learn more >>>

8. 480 Rutherford

Charlestown - Boston

Projected Opening: Late 2019

Upcoming 177-unit residential apartment building with 10,500 square feet of ground-floor retail located in Charlestown's Sullivan Square steps to the MBTA Orange Line. Residential units will include 67 studios, 81 one bedrooms, and 29 two-bedrooms. Resident amenities will include an outdoor courtyard with city views, a fitness/yoga studio, a social lounge, and a dog wash station. Learn more >>>

9. The Smith

South End - Boston

Projected Opening: 2020

The Smith is an upcoming mixed-use development situated on a three-acre site bounded by Harrison Avenue, East Dedham Street, Albany Street and East Canton Street in Boston's South End. The project will consist of four buildings totaling approximately 710,000 square feet. A total of 650 apartment residences and 80,000 square feet of office space will be constructed at The Smith, in addition to 20,000 square feet of ground-floor retail. A two-level parking garage will be built underneath the project site; up to 650 off-street parking spaces will be located at The Smith. Learn more >>>

10. Fenway Center

Fenway - Boston

Projected Opening: Early 2020

$600 million, 1.1-million-square-foot mixed-use air rights development project in Kenmore Square that will consist of five new buildings, including a 27-story tower, above the Massachusetts Turnpike and on existing surface parking lots. A total of approximately 550 residential units, 160,000 square feet of office space and over 50,000 square feet of retail will be built at Fenway Center, in addition to over 30,000 square feet of park and green space. A seven-story parking garage at Fenway Center will include 1,290 parking spaces. As part of the project, the Yawkey MBTA commuter rail station was recently overhauled, and new public access roads were constructed throughout the existing parking lots. Learn more >>>


October’s Top New Construction Multifamily Buildings in Boston
- Nov 01, 2018

Below are BLDUP's most active* Boston-area new-construction multifamily buildings as of October 2018. All of these buildings are either approved, under construction or recently completed. Each building contains either apartments or condominiums; a number of buildings are mixed-use and contain retail space.

*Most active based on page traffic

 


 

1. The Hub on Causeway

Bulfinch Triangle - Boston

Projected Opening: Late 2018 (Phase One)

The Hub on Causeway is a 1.87 million square foot mixed-use development featuring three towers with retail, office, hotel, and residential uses. The Hub on Causeway will be constructed in three phases. Completion of Phase One of The Hub on Causeway is expected in late 2018. Phase Two will consist of a 38-story residential tower with approximately 440 units and a 10-story citizenM hotel tower with approximately 260 rooms. Phase Three will consist of a 21-story office tower totaling approximately 525,000 square feet. Learn more >>>

 

2. Winthrop Center

Financial District - Boston

Projected Opening: 2022

Upcoming 53-story, 691-foot-tall tower that would replace a decrepit City-owned parking garage located in Winthrop Square in the heart of Downtown Boston. Across the $1.3 billion, 1.592-million-square-foot tower’s top 26 floors would be approximately 500 condominium residences, with approximately 750,000 square feet of commercial office space across 20 floors below. As part of the proposed project, 115,000 square feet of new affordable housing would be created, most likely in Boston’s Chinatown in collaboration with the Asian Community Development Corporation. Learn more >>>

 

3. St. Regis Residences at 150 Seaport

Seaport District - Boston

Projected Opening: 2022

Upcoming 22-story mixed-use waterfront building in Boston's Seaport District. 150 Seaport will contain 124 residential condominiums, 10,700 square feet of ground and second level retail space and three levels of underground parking. 19 condominiums at 150 Seaport will be designated affordable. A Harborwalk extension will be built around the building. 150 Seaport will be built at the present site of the Whiskey Priest and Atlantic Beer Garden waterfront  Learn more >>>

 

4. Fenway Center

Fenway - Boston

Projected Opening: Early 2020

$600 million, 1.1-million-square-foot mixed-use air rights development project in Kenmore Square that will consist of five new buildings, including a 27-story tower, above the Massachusetts Turnpike and on existing surface parking lots. A total of approximately 550 residential units, 160,000 square feet of office space and over 50,000 square feet of retail will be built at Fenway Center, in addition to over 30,000 square feet of park and green space. A seven-story parking garage at Fenway Center will include 1,290 parking spaces. As part of the project, the Yawkey MBTA commuter rail station was recently overhauled, and new public access roads were constructed throughout the existing parking lots. Learn more >>>

 

5. Avalon at Hilltop

Saugus, MA

Projected Opening: Late 2019

Approved mixed-use redevelopment of the 14-acre former Hilltop Steakhouse site located on Route 1 in Saugus. Three new four-story residential buildings will be constructed at the site’s rear containing 280 luxury apartments. Apartments will include 16 studios, 122 one-bedroom and 142 two-bedroom surrounding a landscaped courtyard with a pool, grills, fireplaces and dog parks. 10% of apartments will be designated affordable. Learn more >>>

 

6. Garden Garage

Bulfinch Triangle  - Boston

Projected Opening: Late 2021

The Garden Garage development will consist of the replacement of existing 650-space parking garage with a 44-story, 469-unit residential apartment tower. The tower will include approximately 20,000 square feet of common resident amenities and approximately 2,300 square feet of ground-floor retail space. A new parking garage will be built underground with approximately 830 spaces, increasing parking capacity. Improvements will also be made to surrounding sidewalks and landscaping, increasing existing open space by approximately one acre.  Learn more >>>

 

7. Arsenal Yards

Arsenal Mall - Watertown

Projected Opening: TBD

The approved multi-phased redevelopment and expansion of the former Arsenal Mall in Watertown’s East End. Arsenal Yards will feature 350,000 square feet of retail and entertainment, approximately 425 residences ranging from studios to three-bedrooms, a 145-room Hampton Inn and Suites by Hilton hotel and 100,000 square feet of office space. Retail at Arsenal Yards will include a 30,000 square foot specialty grocer, a cinema with 6-8 limited-seating screens, active entertainment, a combination of boutiques and national retailers, half a dozen chef-driven restaurants and a premium wine superstore.  Learn more >>>

 

8. One Dalton

Back Bay - Boston

Projected Opening: 2019

One Dalton will consist of 712,500 square feet of residential, hotel and retail space. One Dalton's upper floors will contain 180 private luxury condominium residences. Underneath will be a Four Seasons luxury hotel with 215 rooms. Building amenities will include a lap pool, a fitness center, a salon with manicure, pedicure and hair styling services, a private yoga and pilates studio, a golf simulator room with a wet bar and a private theater room, and more. Learn more >>>

 

9. Waterside Place Phase 1B

Seaport District - Boston

Projected Opening: Late 2020

Upcoming 23-story tower featuring 307 apartment residences ranging from studios to three-bedrooms. 62 residences will be "innovation units", and 15 residences will be designated affordable. The tower will include 3,500 square feet of ground-floor retail and a second-floor parking garage with approximately 84 spaces. Waterside Place Phase 1B will be located steps from the MBTA Silver Line, minutes from Downtown Boston. Learn more >>>

 

10. 500 Ocean Ave

Revere Beach - Revere, MA

Projected Opening: Late 2020

Currently, under construction, 500 Ocean Ave is located along Ocean Avenue and fronting Revere Beach, a vibrant public beach facing the Massachusetts Bay. This mixed-use development consists of an apartment building with shared amenities and retail on a 2.4-acre parcel. The parcel is part of the master-planned Waterfront Square district, which will also include hotel and retail programming. The site is adjacent to the Blue Line “T” Wonderland Station and only a fifteen-minute ride to Downtown Boston. Located less than 0.1 miles from Route 1A, the site provides vehicular access to downtown Boston and Logan Airport, and convenient connections to both I-90 and I-93, providing access to major employment areas outside of Boston. Learn more >>>


Industrial Wood-Based Construction Conference Recap
- Oct 28, 2018

Industrial Wood-Based Construction Conference Recap

Visitors from around the globe came together in Boston last week for the first ever Industrialized Wood-Based Construction Conference. In a series of keynote addresses on opening day experts including Andrew Waugh, Brendan Lowney, and Tedd Benson spoke about the importance of pushing this game-changing industry forward.  All touched on a series of common themes detailing why this renaissance of wood-based construction is so important to the construction industry as a whole.

  • Building with wood is better for the environment.
  • Construction productivity is down and the workforce is aging and dwindling
  • Modular housing can improve timelines, provide a better product

Andrew Waugh of Waugh Thisleton Architects spoke first on his firm's groundbreaking use of clt (cross-laminated timber) in a variety of buildings throughout the UK.  During the last 15 years, Waugh has been working with clt to build projects ranging in size from a three-story building to the largest clt building in the world at 10 stories. He has also created office and manufacturing facilities from mass timber. Waugh himself lives in a timber building and he discussed the positive impacts of living in a natural structure have on those at home and work.  “Healthy buildings” will help reduce stress and improve concentration and productivity.

Having built the world’s largest clt building, Dalston Works, Waugh also has seen first hand the faster construction times these products can allow for.  The structure for the 10-story, 121 unit residential building was completed in just 5 months times. Dalston Works also weighs in at a fifth of what a concrete building would and the construction team was able to cut the number of site deliveries to the busy downtown location by 80%.

Waugh and his team have many additional projects on the horizon and are looking at other mass timber options besides clt to bring more “healthy buildings” to the UK.

 

Dalston Works, the world's largest CLT building

 

Brendan Lowney, of Forest Economic Advisors, spoke next on the declining rates of productivity in the construction industry and also the aging housing stock in America.  As of 2015, only 3% of homes had been built in the last 5 years and housing starts have not yet fully recovered from the recession.  Single-family home starts are actually at the lowest rates except during the Great Depression and WWII. The construction industry is also seeing its workforce aging and dwindling. So the question is raised how will more affordable homes be built?  Using off-site construction will allow for faster build times, greater efficiency and predictability along with increased job safety. Wood provides a renewable option and is a zero waste industry. As Lowney also pointed out wood-based construction generally requires fewer trees than people assume.  For example, the timber used in the T3 Building in Minneapolis, a 7 story 180,000 square foot office building, would only require 15 minutes to grow. Through off-site construction, modular housing, and the use of mass timber developers and builders can provide better options for the growing housing needs.

 

A slide from Brendan Lowney’s Presentation showing Housing start levels still near recession levels

 

The final speaker of this group was Tedd Benson who has been working since 1973 on finding better ways to build.  Mr. Benson spoke passionately about the importance of high-quality housing for all. Through his companies, Bensonwood, Unity Homes, and Tektonics, Benson and his team are focused on putting people before profits and providing better quality housing that also makes a positive impact on the environment. Benson believes today’s building codes are lax and there should be a universal “good code” for more efficient, environmentally friendly homes.  Almost all of the buildings his companies design and build meet passive house standards and he feels it is “criminal” that the HUD housing code sets such low standards in their properties.

Benson’s newest venture, Tektonics has just opened a 100,000sf state of the art factory in New Hampshire to provide panels, timber, and millwork to builders across the industry.  By using technology Tektonics will enable integration between the virtual fabrication environment, factory production, and site construction.

 

A Unity Home designed to be affordable, efficient, and beautiful.


Boston’s Healthcare Boom
- Oct 22, 2018

Boston continues to be a national leader in the healthcare industry and redevelopments across the city are supporting this culture of innovation. Area hospitals and universities are making improvements and introducing state of the art medical technology to keep pace with demands of the growing Boston population and ever-changing healthcare market. New lab and research space are also being built across the area, allowing for leading medical research companies to work toward breakthroughs in a variety of fields.

In 2017, construction began at Boston Children’s Hospital for a necessary expansion and renewal. This top-rated hospital is currently operating at near full capacity so plans call for the addition of more space along with expanded services to meet the complex medical needs of patients.  The cornerstone of the expansion is the new, $1 billion, Hale Family Clinical Building. This new, 11 story building will have up-to-date medical equipment to improve services along with info sharing hubs and an expanded high tech environment. The building will include a 30 bed NICU with private rooms. A new comprehensive cardiac clinic will be housed on five floors furnished with 21 exam rooms, 9 post-operating rooms and cardiac diagnostics and treatments on one floor. An open floor concept will stress efficiency, and both indoor and outdoor green space are among the details incorporated into the new space.

 

Boston University has also started their own upgrades with a three year, $112 million renovations and expansion to the Boston University Goldman School of Dental Medicine.  The school is utilized by over 800 students, and 300 faculty and staff members and serves 33,000 patients annually.  With this volume, the school had easily outgrown their current space. The project will add a 7-story, 41,900-square-foot addition to the existing building that will also be renovated as part of the project. The all-new GSDM building will feature office, instructional, clinical, and student collaborative space, incorporating the latest technology and creating multi-functional learning space.

With this renovation, Boston University will also increase visibility in this developing corner of Boston’s South End. The building is adjacent to the recently approved life science and technology center, Exchange South End.  Dean Jeffrey Hutter of the BU HGDM has explained, “Our vision is to be the premier academic dental institution promoting excellence in dental education, research, oral health care, and community service to improve the overall health of the global population. Transitioning to seamless digital dentistry will help us fulfill that vision.”

Back across town in the Longwood Medical area, Beth Israel Deaconess Medical Center will soon start construction on its first new building in 20 years. The new Beth Israel Inpatient Building which was approved by the BPDA earlier this month will provide a modern setting with single beds and family-friendly rooms for patients and families. The new building is set to house more shared spaces for team-based care to address the complex needs of patients. The new space will also have to operate and procedure rooms sized to hold recent technology and imaging software to offer advanced research and services to patients.

In Cambridge, The ARC (Alewife Research Center) will be opening soon, providing over 220,000 square feet of new state of the art lab space. Ribon Therapeutics has already leased around 27,000 square feet at the building to continue their work on the development of inhibitors to block cancer cells’ fundamental ability to survive under stress. Down the road in Kendall Square, the upcoming 399 Binney Street will be home to three therapeutic research companies including Rubius Therapeutics, Relay Therapeutics, and Celsius Therapeutics.  With the biopharma job market continuing to grow, at over 28% in the past 10 years according to the Massachusetts BioTechnology Council the demand for this state of the art space will continue.

Statistics courtesy the Massachusetts BioTechnology Council

With 5 of the top hospitals in the US, over 40 colleges, and more than 500 Biotech companies in Boston and Cambridge alone the outlook around the healthcare/biotech industry continues to be strong.  


Transit Development in Boston
- Oct 19, 2018

 

Throughout the city and beyond development projects at (and above) transit hubs are changing the face of many of the major stations in Boston.  At ULI’s Fall meeting developers and MassDOT spoke about the unique challenges of developing these parcels including The Hub on Causeway, Bulfinch Crossing, Back Bay South End Gateway, and South Station.

 

Under construction now are the Hub on Causeway and Bulfinch Crossing. The development of the Hub on Causeway dates back 30 years with the first phase of the project finally set to open on November 1st.  This first phase includes a new grand entrance to the TD Garden and North Station. Chris Maher of Delaware North told the group that “large mixed-use projects are hard to pull together. You have to hit each of these market cycles at the right time.”  Because of the positive market fluctuations, the development team felt comfortable moving forward with the office and hotel pieces of the project at this time. In total the Hub on Causeway will bring 1.87 million square feet of mixed-use development to the area that was originally thought of as just a location for events.  The easy access to transit, however, has made it a prime location for office, residential, and retail use.

 

 

At Bulfinch Crossing, the 423 unit residential tower is currently under construction on the 5-acre parcel.  Development of this site includes the staged teardown of the massive Government Center garage. HYM is keeping part of the garage open, around 1,300 spaces per day, for cash flow during the project.  Thomas O’Brien from HYM pointed out “Now young people want to live in the city, and as the result of this these projects become possible.” The next step of Bulfinch Crossing is the office tower, that HYM hopes to break ground on in the spring and complete by January of 2023.

 

 

Two upcoming projects include The Back Bay South End Gateway & South Station Air Rights Development. Melissa Schrock of Boston Properties spoke on the unique challenges posed by their project at Back Bay Station.  As the site is almost completely over rail lines or highway their construction team will have to pass piles for the structure through the existing parking deck.  As part of the project, they are also taking over management of Back Bay Station and providing improvements to the transit hub. In total their development of the area will include around $140 million of public benefit. The 1.37 million square foot mixed-use projects will feature 582,500 square feet of office space, approximately 61,800 square feet of retail space and approximately 600 residential units.

 

 

The South Station Air Rights project will be built in three phases and also has to factor in active transit lines into its plans.  The development is set to include over 2.5 million square feet of space and also feature an expanded bus terminal and better waiting area for passengers. According to MassDOT, the project hopes to break ground this coming spring.

 

With the booming real estate and construction market, Scott Bosworth the Chief Strategy Office for MassDOT says the agency is looking at the development of stations not just in Boston but outside the city from Newburyport to Attleboro and west to Framingham. While they want to move forward with development they want to ensure the needs of their customers are met which is why the majority of these projects include major improvements to the stations involved. As the stations are improved MassDOT has major upgrades coming to the red line and orange lines as well. While each of these projects poses its own planning challenges the panel was in agreement that our transportation system needs to keep improving to sustain development in these areas and throughout the city.


Big Data, Social Media, & Urban Planning
- Oct 18, 2018

 

The Urban Attitudes Lab at Tufts University is leading the study of Big Data and the psychological dimensions of urban planning and public policy practice. Through the use of sophisticated data acquisition tools, sentiment analysis, eye-tracking technology, and conventional psychological tools, the UAL is advancing knowledge and developing new tools to improve planning and policy.  

 

The UAL is led by Justin Hollander Ph.D., AICP an Associate Professor of Urban and Environmental Policy and Planning at Tufts University. Justin has worked in land use and environmental planning at the local, regional, and federal levels, most recently for the Public Buildings Service of the U.S. General Services Administration as a Presidential Management Fellow. His research examines the role of planning and public policy in managing land use and environmental changes, with a focus on urban design, shrinking cities, and Big Data. Justin is an accomplished author and specializes in Big Data analytics. Dr. Hollander has written over 50 publications on these topics including seven books.   BLDUP spoke to Justin about how Big Data, technology, and social media are starting to change the field of planning.

 

BLDUP: Can you tell us how big data can be used in planning projects?

 

Justin Hollander: Social listening is an unobtrusive and inexpensive way for planning projects to capture big data and harness it. Social listening is listening to conversations, reading social media posts, following people geographically. Classic planning engagement tools have been mostly obtrusive: sending surveys, holding public meetings, doing interviews, these approaches have limited effectiveness in helping planners understand what matters to community members and they tend to not be very representative.

 

There is always going to be bias no matter the method. There are sock puppet accounts meaning fake accounts to retweet or repeatedly share a user or user groups postings. Big data, does have its challenges, but with millions of data points, you have the power of a large sample, so many observations.

 

BLDUP: Have you used any of these tools in your planning work? If so how?

 

Justin Hollander: I have used big data from Twitter, Flickr, Instagram, and google street view or google trends. I have done work with data analysis using IBM programs to do the analysis.

 

For example, I used data in my work in the city of Holyoke Massachusetts with a colleague from UMass Amherst, Max Page. Max Page is Professor of Architecture and Director of Historic Preservation Initiatives at the University of Massachusetts in Amherst. We received a grant from the 1772 Foundation to fund our research in Holyoke Massachusetts.

 

Holyoke is a historic city with difficulty identifying historic resources. Some properties are preserved at state and federal levels but there are several properties that have not been protected. We monitored social media data for months from Instagram and Twitter posts across the city to learn what areas were valued by residents in Holyoke Massachusetts. Many of the locations were not your traditional birthplace-of-a-famous-poet.  They were unofficial parks, funeral homes, and outdoor community gathering spots.

 

In this project, big data gave us a high-level sense of what was important to the residents of Holyoke. In talking to the residents, there was a lot of overlap between the images posted on social media, and what locations mattered to the community.

 

In a series of projects in Acton and Somerset (Massachusetts), we used an interactive 3D model of a real place. These kinds of virtual places can be used in planning to get the community excited and engaged with planning. The feedback helped us redesign the area by widening sidewalks, narrow streets, incorporating new stores, changing the landscape, and then asking the community for feedback.

 

BLDUP: Big data and social media are not words typically associated with planning. Can you elaborate on the connection between the two topics?

 

Justin Hollander: When we think about the planning process it should ideally begin with a conversation around what are some of the problems that a given place faces, and what are some solutions that make sense.  In order to do a good job at understanding the process and understanding what kinds of solutions are attractive to people, it is important to get better insight to what people are thinking about, and Big Data is the answer.

 

For example, we look at a company called Soofa; they build smart outdoor furniture such as street lamps and benches. The company puts sensors to constantly monitor who is sitting on the bench and for how long, bike traffic verse cars, and weather conditions. This stuff is all really powerful and gives so much more insight into what is going on in our communities.

 

BLDUP: What challenges did you face while working in such a new field, did you view this as an opportunity?

 

Justin Hollander: There are a lot of naysayers, but I don’t let it bother me. There is a willingness to do things the old way and the world is changing very rapidly.

This is a relatively new field. There has not been much work done in this space. In the planning industry technology has not been embraced or used enough. Social media will be used a lot more. There is so much content with social media. The location data is being made available through social media, one of my students is using social media patterns to understand traffic patterns in a community through posts on Twitter.

I have attended the American Planner Association Conference for the past 20 years and last year in New Orleans, I’ll bet you 90 percent of the exhibitors were tech firms. Each year there is the trend in planning to move toward technology,  If we are not careful tech experts will take over the industry of planners. Planners have to be nimble and adjust to change.

 

To learn more about this upcoming trend check out Justin’s book: Urban Social Listening: Potential and Pitfalls for Using Microblogging Data in Studying Cities. https://www.palgrave.com/us/book/9781137594907   or visit the Urban Attitudes Lab website at http://sites.tufts.edu/ualab/

 


ULI Releases 40th Annual Emerging Trends Report: Boston #7 on Markets to Watch
- Oct 14, 2018

ULI Releases 40th Annual Emerging Trends Report: Boston #7 on Markets to Watch

ULI in partnership with PwC has released their 40th annual Emerging Trends in Real Estate report, examining the $7 trillion marketplace.  The report, compiled with the help of nearly 2400 industry experts identities the top trends to watch for in 2019 along with the top markets in the US.  At a panel discussion on October 10th, ULI leadership along with research thought leaders discussed the report and their thoughts on the upcoming markets.

 


 

ULI’s Top 10 Markets To Watch in 2019

  1. Dallas/Fort Worth, TX
  2. Brooklyn, NY
  3. Raleigh-Durham, NC
  4. Orlando, FL
  5. Nashville, TN
  6. Austin, TX
  7. Boston, MA
  8. Denver, CO
  9. Charlotte, NC
  10. Tampa, FL

 


 

Among the factors for selection into this top ten list included the readily available and educated workforce pool in cities like Dallas/Fort/Worth & Boston.  Others like Orlando & Tampa offer friendly business climates and attractive cost structures. Raleigh, Nashville, Austin, and Boston also have the distinct advantage of strong STEM (science, technology, engineering, and math) job markets which are projected to grow 73% faster than the broader job market over the next 5-10 years. As Mitch Roschelle, Partner of PwC pointed out about Boston.  “There is a massive concentration of talent coming out of colleges and universities that have the skills needed for the next generation.”

 

A few of the top trends included:

 

Amenities Gone Wild: From office buildings to multi-family developments, amenities are a must have and they are continually growing more unique. According to the ULI data, 81% of employers feel that the proper amenities are one of the top three things they can offer their employees.  In the Multifamily sector Tom Toomey, ULI Global Chair and CEO and President, and Director of UDR pointed out that amenities for each development are a different puzzle however they have seen a trend toward services that are saving people time.  As he noted these types of services come at a higher cost but do lead to a higher tenant retention rate.

 

Retail is NOT dead

As Mary Ludgin, Managing Director at Heitman, aptly noted “We need to come up with a more nuanced view of retail. The negative perception many have now is a bit extreme.”. While there are some shopping centers that may be doomed to fail there are many others thriving.  There are also reuse options for these spaces and many retailers who are starting online are realizing with increased delivery costs and the higher cost to advertise online that they do in fact need a brick and mortar store.

 

Overall the report’s outlook for the coming year is positive but attention does need to be paid to the growing technology in the real estate world as well as the fact that real estate has now become an accepted asset class around the globe.  Andrew Warren, Director Real Estate for PwC noted: “It feels like we have hit a plateau but there is nothing on the horizon that could cause a sharp downturn.”


September's Top New Construction Multifamily Buildings in Boston
- Oct 07, 2018

Below are BLDUP's most active* Boston-area new-construction multifamily buildings as of September 2018. All of these buildings are either approved, under construction or recently completed. Each building contains either apartments or condominiums; a number of buildings are mixed-use and contain retail space.

*Most active based on page traffic

 


1. The Hub on Causeway

Bulfinch Triangle - Boston

Projected Opening: Late 2018 (Phase One)

The Hub on Causeway is a 1.87 million square foot mixed-use development featuring three towers with retail, office, hotel, and residential uses. The Hub on Causeway will be constructed in three phases. Completion of Phase One of The Hub on Causeway is expected in late 2018. Phase Two will consist of a 38-story residential tower with approximately 440 units and a 10-story citizenM hotel tower with approximately 260 rooms. Phase Three will consist of a 21-story office tower totaling approximately 525,000 square feet. Learn more >>>

2. The Smith

South End - Boston

Projected Opening: 2020

The Smith is an upcoming mixed-use development situated on a three-acre site bounded by Harrison Avenue, East Dedham Street, Albany Street and East Canton Street in Boston's South End. The project will consist of four buildings totaling approximately 710,000 square feet. A total of 650 apartment residences and 80,000 square feet of office space will be constructed at The Smith, in addition to 20,000 square feet of ground-floor retail. A two-level parking garage will be built underneath the project site; up to 650 off-street parking spaces will be located at The Smith. Learn more >>>

3. EchelonSeaport

Seaport District - Boston

Projected Opening: Late 2019

EchelonSeaport will be comprised of three mixed-use towers containing 1.3 million square feet across 3.5-acres in the Seaport District. 717 residences and 125,000 square feet of retail and restaurant space will be built at EchelonSeaport. Two of the EchelonSeaport towers will contain 447 luxury condominium residences, and one tower will contain 270 luxury apartment residences. Resident amenities at EchelonSeaport will include two signature outdoor pools, an indoor pool, expansive sun decks, engaging courtyards, and oversized private terraces. Learn more >>>

4. Parcel K

Seaport District - Boston

Projected Opening: Late 2020

Parcel K is an approved mixed-use development project totaling approximately 500,000 square feet. The project will include a 12-story residential building containing 304 rental apartment residences and a 12-story Hyatt Place hotel with 294 rooms. The apartment building will feature a rooftop pool, club room, and terrace, and the hotel building will feature a rooftop fitness room and pool. The buildings will also contain approximately 12,000 square feet of office space and approximately 18,000 square feet of retail and restaurant space. A one-level underground parking garage will have the capacity for approximately 450 cars. Learn more >>>

5. Avalon at Hilltop

Saugus, MA

Projected Opening: Late 2019

Approved mixed-use redevelopment of the 14-acre former Hilltop Steakhouse site located on Route 1 in Saugus. Three new four-story residential buildings will be constructed at the site’s rear containing 280 luxury apartments. Apartments will include 16 studios, 122 one-bedroom and 142 two-bedroom surrounding a landscaped courtyard with a pool, grills, fireplaces and dog parks. 10% of apartments will be designated affordable. Learn more >>>

6. Bulfinch Crossing

Bulfinch Triangle - Boston

Projected Opening: Fall 2020

Bulfinch Crossing is a 2.9-million-square-foot multi-phased development project that will replace the existing above-grade concrete Government Center Garage with six mixed-use buildings, a pedestrian-friendly streetscape and a public plaza on two appropriately-scaled urban blocks spread across approximately 4.8 acres. The West Parcel will include a 45-story, 480-foot-tall luxury residential apartment building at 100 Sudbury Street, which will be the first structure built. The Phase I tower will feature 368 apartments and 55 condominiums for a total of 423 residences  Learn more >>>

7. Jefferson at Malden Center

Malden, MA

Projected Opening: Fall 2019

Jefferson at Malden Malden Center is a unique transit oriented mixed-use development that includes 320 residential apartments, 45,000 square feet of office space that will become the new Malden City Hall, and more than 22,500 square feet of street retail. The project includes an unprecedented amenity package, with over 30,000 square feet of common space, including 9,000 square feet of indoor amenities. Jefferson at Malden Center will construct three new wood-framed buildings connected by a sky bridge. Each building at Jefferson at Malden Center will include ground-floor retail. Learn more >>>

8. Fenway Center

Fenway - Boston

Projected Opening: Early 2020

$600 million, 1.1-million-square-foot mixed-use air rights development project in Kenmore Square that will consist of five new buildings, including a 27-story tower, above the Massachusetts Turnpike and on existing surface parking lots. A total of approximately 550 residential units, 160,000 square feet of office space and over 50,000 square feet of retail will be built at Fenway Center, in addition to over 30,000 square feet of park and green space. A seven-story parking garage at Fenway Center will include 1,290 parking spaces. As part of the project, the Yawkey MBTA commuter rail station was recently overhauled, and new public access roads were constructed throughout the existing parking lots. Learn more >>>

9. Motor Mart Garage

Bay Village - Boston

Projected Opening: TBA

New project plans released in September 2018 call for the redevelopment of the existing building and the construction of a 20-story residential tower rising out of the garage. The western portion of the existing parking garage will be converted into approximately 84 new residential units. The new residential tower will rise out of the eighth floor of the existing building and contain around 306 apartment and condominium units.  Unit sizes will range from studios to three-bedrooms. Resident amenities are set to include a fitness center, a small exterior pool, and a vegetated roof on the ninth floor. Learn more >>>

10. Washington Village

South Boston - Boston

Projected Opening: Fall 2020

Upcoming redevelopment of five acres in South Boston’s Andrew Square into a mixed-use development spanning six blocks. Eight buildings will be constructed containing 656 residences including both apartments and condominiums, 98,600 square feet of retail space and parking for 560 cars. Residences will include studios, one-bedrooms, two-bedrooms and three-bedrooms. 110 residential units at Washington Village will be designated affordable. A 1.5-acre public plaza and green will be located at Washington Village's center. Heights of buildings at Washington Village will primarily be between three and six stories, with two buildings closest to Dorchester Avenue ranging from 18 to 22 stories. Learn more >>>


Bookings in the Ballpark
- Sep 28, 2018

The Fenway area has been experiencing many drastic changes in the hospitality and tourism industries. Restaurants, bars, music venues and retail has turned Fenway into a destination that is not just visited for the ballpark. Tourists now visit the Fenway area to take advantage of the new hospitality attractions. Boston’s economy grew by 3.6% from 2014 and 2015 (3.8% higher than the previous year), according to the Gross City Product. The economic growth in Boston is accelerating faster than the growth rate of the U.S. economy. Boston’s Gross City Product in 2015 reached $109.5 billion, which made up 22.6% of Massachusetts’ spending. According to Hotel Valuations & Appraisals (HVS), the REVPAR (revenue per available room) in Boston grew by 1.6% due to the increased demand and growth of the economy.

Plans have been made for hotel development in the Fenway area. Located near Boylston Street, Ipswich Street, and Private Alley 938, is a plot of land that currently exists as the Shell gas station and private parking lot. OTO Development has proposed the idea of developing a select service property on the site. Due to demand generators such as Fenway Park, Longwood Medical Center, Boston University, Northeastern, Wentworth Institute of Technology, Museum of Fine Arts, and a plethora of bars, restaurants and other entertainment venues, the developer is convinced that the project is feasible. The completion date is projected to be December 2020.

http://www.bldup.com/projects/1241-boylston-street

______________________________________________________________________________________________________________

BLDUP sat down with Dr. Arun Upneja, Dean of the School of Hospitality Administration at Boston University to discuss his insight on hotel development in the area. Dr. Upneja, who received his B.S., M.B.A., and Ph.D. from the University of Houston and is also the winner of the John Wiley & Sons Lifetime Research Achievement Award, from the Council on Hotel, Restaurant, and Institutional Education.

BLDUP:  What changes have you seen in hotel Design within the past decade?

Dr. Upneja: Hotel design has shifted within the past decade. When designing new properties, today’s developers place a greater emphasis on the public space with more collaborative areas, as opposed to guest rooms. Today, the price point to design a hotel doesn’t have to be as high.

BLDUP:  What trends to see in supply vs. demand in the Boston market?

Dr. Upneja: Demand is relative to the time of year. In the late fall and early spring, the demand isn’t as prevalent as in the late spring and summer.  When demand is high, Airbnb helps alleviate the lack of supply.

BLDUP:  How should developers handle new technological trends in the hotel market?

Dr. Upneja: When developing a hotel I believe that a certain level of technology is now expected. Every hotel should be experimenting with new technology. I also believe that as a whole, the hotel industry’s back-of-house and guest-level technology are lagging behind other industries.

______________________________________________________________________________________________________________
Sources:

http://www.bostonplans.org/getattachment/d835ad4c-e8a9-4f17-b342-468f02301c58

http://hvi.hvs.com/market/united-states/Boston



Future Proof Parking
- Sep 26, 2018

With new plans for a twenty-eight-story tower at the Motor Mart garage, yet another parking structure in Boston is getting an upgrade. The list of garages being either renovated or torn down to make way for new development is long within the city. The demolition of the Garden Garage was completed over the summer along with a section of the Government Center garage making way for Bulfinch Place and let’s not forget Winthrop Square.  All of these new developments are set to include parking but these prime locations were ripe for redevelopment during this building boom. This trend does, however, raise questions about the future of parking and transportation. With improvements to parking technology along with self-driving cars on the horizon, how will parking demands change in the coming years and how will garages adapt to new technology.

Pictured above: The proposed 28 story redevelopment of the Motor Mart Garage

For the short term, parking demand will still be high so developers are looking to new technology to maximize revenue and provide frictionless parking options for tenants.  With parking requirements varying across the city, developers often need to find ways to include the required parking ratios in projects with limited space. In the dense neighborhood of South Boston, several developers have turned to City Lift parking systems to alleviate this issue. City Lift, based out of California, with offices in Boston, offers a variety of automated parking options to reduce a parking footprint by 40-80%. A City Lift system is currently in place at 39A Street, a 23 unit condo building in South Boston.  The fully automated system installed on this project allows for 24 parking spaces in a two-level puzzle. Residents can easily access their cars with the swipe of a key fob. Cars at ground level in the grid can be accessed within 15 seconds and those on the second level only take 45 seconds. This technology has provided a benefit not only to developers and residents but also neighborhoods by getting more cars off the streets.

 Parking system technology is also finally catching up with the rest of the tech world.  Many parking systems are moving data to the cloud and upgrading to barcode scanners and other advancements. Developers of new or redeveloped projects are looking at these latest innovations to ensure the technology they are investing in now is future proof. Laz Parking offers consulting services that allow developers to maximize income, ensure expenses are being used efficiently, and customers are happy.  They also utilize a business analytics tool to calculate rates using real-time data. Their thorough parking plans can also be used as a leasing tool, as was the case with the Arsenal Yards project. Mike Mihalow of Laz Parking, explained: “The operations plan we designed for Arsenal Yards allowed Boylston Properties to show tenants how parking would be handled at the project and helped them sign their anchor tenant for the project”.  Properly designed parking plans combined with the right technology are an important asset to a community or development.

In the longer term, the question remains as to what will happen to garages if and when parking demand is drastically decreased.  Architects across the country have started designing for a new wave of “future proof parking” structures. Instead of leaving cities with outdated buildings that can only be torn down to be rebuilt these new garages are designed to be easily converted to commercial or residential space after the parking is no longer needed.  

The new designs focus on two key elements that will make the garage convertible, flat floor plates instead of inclined, and larger floor to ceiling heights, ideally 15 feet.  While this change may be a bit more costly for developers up front they will be ahead of the curve in years to come. A few of these garages are already appearing across the country including the now under construction Fairview District Parking Garage in Houston designed by Gensler.  The design includes the flat floor plates that will allow for conversion if parking demand dips. In Los Angeles, the proposed Avalon Bay Arts District includes a 1,000 car garage, however, plans include flat floors so space could be converted in the future. In Boston, WS development, the minds behind Seaport Square, are also in the on the trend, including a convertible garage space in their recent project in the booming neighborhood.

With the changing parking landscape and technology advancements, future proofing parking through technology or construction could be a smart investment for developers across Boston.


August's Top New Construction Multifamily Buildings in Boston
- Sep 04, 2018

Below are BLDUP's most active* Boston-area new-construction multifamily buildings as of August 2018. All of these buildings are either approved, under construction or recently completed. Each building contains either apartments or condominiums; a number of buildings are mixed-use and contain retail space.

*Most active based on page traffic 


 1. The Hub on Causeway

Bulfinch Triangle - Boston

Projected Opening: Late 2018 (Phase One)

The Hub on Causeway is a 1.87 million square foot mixed-use development featuring three towers with retail, office, hotel, and residential uses. The Hub on Causeway will be constructed in three phases. Completion of Phase One of The Hub on Causeway is expected in late 2018. Phase Two will consist of a 38-story residential tower with approximately 440 units and a 10-story citizenM hotel tower with approximately 260 rooms. Phase Three will consist of a 21-story office tower totaling approximately 525,000 square feet. Learn more >>>

 

2. One Dalton

Back Bay - Boston

Projected Opening: March 2019

One Dalton will consist of 712,500 square feet of residential, hotel and retail space. One Dalton's upper floors will contain 180 private luxury condominium residences. Underneath will be a Four Seasons luxury hotel with 215 rooms. Building amenities will include a lap pool, a fitness center, a salon with manicure, pedicure and hair styling services, a private yoga and pilates studio, a golf simulator room with a wet bar and a private theater room, and more. Learn more >>>

 

3. 21 Revere Beach Boulevard

Revere, MA

Projected Opening: TBD

The plans call for a 127-unit mixed-use development at 21 Revere Beach Blvd., and 73 units in the rear building at 20-50 Ocean Ave. Gate Residential is requesting the minimum for parking requirements for apartments, retail use, and restaurant use. In addition, it seeks a minimum loading space requirement for restaurant use and a minimum screening for an off-street parking area. Learn more >>>

 

4. Fenway Center

Fenway - Boston

Projected Opening: Early 2020

Fenway Center will be constructed in two phases. The $240 million Phase 1 will entail two residential buildings (Buildings 1 and 2) of 7 and 13 stories, respectively, containing a total of approximately 339,000 square feet that will be built on existing surface parking lots. Phase I will construct 312 apartments, 37,000 square feet of ground-floor retail and 200 underground parking spaces. A 12,000-square-foot air rights deck and landscaped pedestrian walkway will be constructed over Yawkey Station as part of Phase I. Construction of Phase I is now underway, with completion expected in early 2020.  Learn more >>>

 

 

5. Avalon at Hilltop

Saugus, MA

Projected Opening: Late 2019

Approved mixed-use redevelopment of the 14-acre former Hilltop Steakhouse site located on Route 1 in Saugus. Three new four-story residential buildings will be constructed at the site’s rear containing 280 luxury apartments. Apartments will include 16 studios, 122 one-bedroom and 142 two-bedroom surrounding a landscaped courtyard with a pool, grills, fireplaces and dog parks. 10% of apartments will be designated affordable. Learn more >>>

 

 

6. Congress Square

Financial District - Boston

Projected Opening: 2020

Upcoming 458,300-square-foot mixed-use development featuring state-of-the-art hotel, office, residential and retail space located in the heart of Downtown Boston overlooking Post Office Square. Five historic buildings will be fully restored, and new additions will be constructed for a total of 92,700 square feet of new construction. The development will contain 284,600 square feet of office space, including a 200,000-square-foot joint headquarters for advertising agencies DigitasLBi and Publicis. Sapient. It will also contain 165-key, 85,700-square-foot Hyatt Centric boutique hotel, 51,350 square feet of residential space containing 35 condominiums, and 36,650 square feet of retail space. Learn more >>>

 

 

7. Parcel K

Seaport District - Boston

Projected Opening: 2020

Approved mixed-use development project totaling approximately 500,000 square feet. The Parcel K project will include a 12-story residential building containing 304 rental apartment residences and a 12-story Hyatt Place hotel with 294 rooms. The apartment building will feature a rooftop pool, club room and terrace, and the hotel building will feature a rooftop fitness room and pool. The buildings will also contain approximately 12,000 square feet of office space and approximately 18,000 square feet of retail and restaurant space. A one-level underground parking garage will have the capacity for approximately 450 cars. Learn more >>>

 

 

8. EchelonSeaport

Seaport District - Boston

Projected Opening: Late 2019

Echelon Seaport will be comprised of three mixed-use towers containing 1.3 million square feet across 3.5-acres in the Seaport District. 717 residences and 125,000 square feet of retail and restaurant space will be built at EchelonSeaport. Two of the EchelonSeaport towers will contain 447 luxury condominium residences, and one tower will contain 270 luxury apartment residences. Resident amenities at EchelonSeaport will include two signature outdoor pools, an indoor pool, expansive sun decks, engaging courtyards and oversized private terraces. Learn more >>>

 

9. Bulfinch Crossing

Bulfinch Triangle - Boston

Projected Opening: Fall 2020

Bulfinch Crossing is a 2.9-million-square-foot multi-phased development project that will replace the existing above-grade concrete Government Center Garage with six mixed-use buildings, a pedestrian-friendly streetscape and a public plaza on two appropriately-scaled urban blocks spread across approximately 4.8 acres. The West Parcel will include a 45-story, 480-foot-tall luxury residential apartment building at 100 Sudbury Street, which will be the first structure built. The Phase I tower will feature 368 apartments and 55 condominiums for a total of 423 residences  Learn more >>>

 

 

10. Exchange South End

South End - Boston

Projected Opening: Fall 2020

The approved $600 million commercial development totaling nearly 1.6 million square feet across 5.6-acres located in Boston’s South End. Four new buildings would be constructed at Exchange South End featuring approximately 1,481,350 square feet of commercial, technology, and life science research space with 42,500 square feet of ground-floor retail space and 30,000 square feet of civic and incubator space oriented about a new public park. Over one acre of new pedestrian-friendly public open space, known as Albany Green, would be constructed on site. Exchange South End would host 4,000 to 7,000 new jobs, and represent a total investment of over $1 billion in the South End neighborhood.  Learn more >>>

 


July's Top New Construction Multifamily Buildings in Boston
- Aug 18, 2018

Below are BLDUP's most active* Boston-area new-construction multifamily buildings as of July 2018. All of these buildings are either approved, under construction or recently completed. Each building contains either apartments or condominiums; a number of buildings are mixed-use and contain retail space.

*Most active based on page traffic

 

1. The Hub on Causeway

Bulfinch Triangle - Boston

Projected Opening: Late 2018 (Phase One)

The Hub on Causeway is a 1.87 million square foot mixed-use development featuring three towers with retail, office, hotel, and residential uses. The Hub on Causeway will be constructed in three phases. Completion of Phase One of The Hub on Causeway is expected in late 2018. Phase Two will consist of a 38-story residential tower with approximately 440 units and a 10-story citizenM hotel tower with approximately 260 rooms. Phase Three will consist of a 21-story office tower totaling approximately 525,000 square feet. Learn more >>>

 

2. 7INK by Ollie

South End -  Boston

Projected Opening: Construction Beginning Late 2018

The approved project calls for a 14-story residential building containing 250 shared suites and micro-studios. Developed by National Development and co-living and micro-housing specialist Ollie, 7INK by Ollie would be Boston’s first major co-living development, emphasizing communal living. The building would provide a full range of services, unique community engagements and extraordinary shared amenity spaces. Learn more >>>

 

3. Exchange South End

South End -  Boston

Projected Opening: Fall 2020

The approved $600 million commercial development totaling nearly 1.6 million square feet across 5.6-acres located in Boston’s South End. Four new buildings would be constructed at Exchange South End featuring approximately 1,481,350 square feet of commercial, technology, and life science research space with 42,500 square feet of ground-floor retail space and 30,000 square feet of civic and incubator space oriented about a new public park. Over one acre of new pedestrian-friendly public open space, known as Albany Green, would be constructed on site. Exchange South End would host 4,000 to 7,000 new jobs, and represent a total investment of over $1 billion in the South End neighborhood.  Learn more >>>

 

4. Avalon at Hilltop

Saugus, MA

Projected Opening: Late 2019

Approved mixed-use redevelopment of the 14-acre former Hilltop Steakhouse site located on Route 1 in Saugus. Three new four-story residential buildings will be constructed at the site’s rear containing 280 luxury apartments. Apartments will include 16 studios, 122 one-bedroom and 142 two-bedroom surrounding a landscaped courtyard with a pool, grills, fireplaces and dog parks. 10% of apartments will be designated affordable. Learn more >>>

 

5. 345 Harrison

South End -  Boston

Projected Opening: Spring 2018

345 Harrison is a mixed-use development project that consists of two new 14-story buildings totaling approximately 535,900 square feet of new space. Approximately 585 rental residential apartments are being built at 345 Harrison, along with up to 40,000 square feet of ground-floor retail including a 10,000-square-foot CVS Pharmacy and the Shore Leave tiki bar and restaurant. Resident amenities will include a 13th floor Sky Lounge with sweeping skyline views, a resort-style pool, and a fully-equipped fitness center. A one-story underground parking garage containing approximately 275 automobile spaces and 325 bicycle spaces will be built along William Mullins Way. Learn more >>>

 

6. One Dalton

Back Bay - Boston

Projected Opening: 2018

One Dalton will consist of 712,500 square feet of residential, hotel and retail space. One Dalton's upper floors will contain 180 private luxury condominium residences. Underneath will be a Four Seasons luxury hotel with 215 rooms. Building amenities will include a lap pool, a fitness center, a salon with manicure, pedicure and hair styling services, a private yoga and pilates studio, a golf simulator room with a wet bar and a private theater room, and more. Learn more >>>

 

7. 2-10 Maverick Square

East Boston, - Boston

Projected Opening: TBA

The project calls for a 10-story mixed-use building located right in the heart of Maverick Square in East Boston, forming the gateway for all residents and visitors entering the hub of East Boston. Two floors of retail space will anchor the base of the building, with residential units designed for the upper 9 floors. The building's facade is clad in a zinc coated copper, with various layers of brick and curtain wall to help reinforce its presence in the square. Learn more >>>

 

8. 150 Seaport

Seaport District - Boston

Projected Opening: 2020

Approved 22-story mixed-use waterfront building in Boston's Seaport District. 150 Seaport will contain 124 residential condominiums, 10,700 square feet of ground and second level retail space and three levels of underground parking. 19 condominiums at 150 Seaport will be designated affordable. A Harborwalk extension will be built around the building. 150 Seaport will be built at the present site of the Whiskey Priest and Atlantic Beer Garden waterfront restaurants. Learn more >>>

 

9. EchelonSeaport

Seaport District - Boston

Projected Opening: Late 2019

Echelon Seaport will be comprised of three mixed-use towers containing 1.3 million square feet across 3.5-acres in the Seaport District. 717 residences and 125,000 square feet of retail and restaurant space will be built at EchelonSeaport. Two of the EchelonSeaport towers will contain 447 luxury condominium residences, and one tower will contain 270 luxury apartment residences. Resident amenities at EchelonSeaport will include two signature outdoor pools, an indoor pool, expansive sun decks, engaging courtyards and oversized private terraces. Learn more >>>

 

10. Bulfinch Crossing

Bulfinch Triangle, Boston, MA

Projected Opening: Fall 2020

Bulfinch Crossing is a 2.9-million-square-foot multi-phased development project that will replace the existing above-grade concrete Government Center Garage with six mixed-use buildings, a pedestrian-friendly streetscape and a public plaza on two appropriately-scaled urban blocks spread across approximately 4.8 acres. The demolition of a major portion of the garage over Congress Street will allow for daylight to shine on Congress Street for the first time in more than 40 years. Learn more >>>


The Price is Right: The Rising and Falling Rents In Boston
- Aug 14, 2018

The Price is Right: The Rising and Falling Rents In Boston

 

Luxury rents in Boston are beginning to dip while the middle and low end of the market continues to see rents rise.  According to Zillow data, the median rent for the top third of the market fell below $3,000 in June to $2,986. This is a slight decrease from June 2017, where the average rent was $3,018.  The middle and lower third of the market, however, both saw increases in average rent over the same time period. These rental trends have also been seen in other cities across the U.S. including San Francisco, Chicago, and Washington D.C.

With large influxes of high-end inventory, all offering top finishes, and amazing amenities, property owners are starting to adjust rents downward and in some cases offer concessions to attract renters.  Several luxury buildings across Boston, including Benjamin/Via in the Seaport, 345 Harrison in the South End and Lantera in Boston Landing, are all currently offering 1 or even 2 months free rent to attract top tenants.

As demand for affordable housing increases, a report released by Boston 2030 shows developers are starting to listen.  According to the report, the first quarter of 2018 saw an average quarterly pace of production up to 107 middle-income units from 63 per quarter in 2016.

However, with more large high-end projects in the pipeline, including rentals at Pierce Boston now available, it remains to be seen if the market can continue to absorb this much luxury inventory.


MassEcon ReadyMass 100
- Aug 12, 2018

MassEcon ReadyMass 100

Last week MassEcon released their 10th edition of the ReadyMass 100.  Four new properties have made the cut this go-round including three industrial locations and one office property.  The ReadyMass 100 initiative aims to inform growing companies both in and out of state that Massachusetts has ample supply of properties (land, office/lab, and industrial/flex warehouse space) ready to go.  A team of real estate experts and the MassEcon team work to vet the properties based on a number of different criteria including, building condition, access to highways, and appropriate zoning codes.

 

The ReadyMass 100 has already resulted in over 50 success stories, representing about 7 million square feet.  The most recent being Boeing’s lease at 314 Main Street in Cambridge

 

The full list can be viewed here: http://massecon.com/services/readymass100/search.

 

Some highlights include…

 

Alewife Research Center

The Alewife Research Center offers 223,000 square-feet of cutting-edge lab space aimed at life science firms who are looking to attract top talent.  With easy access to the MBTA and many local bike trails the building is also set to offer a fitness center, employee lounge, and dramatic 2 story lobby.

Union Point

Union Point, the redevelopment of the South Weymouth Naval Air station, offers a variety of commercial options just 12 miles from Boston.  The mixed-use development is set to feature 4,000 homes including the recently opened Mastlight along with retail options, 1,000 acres of open space, and direct access to the South Weymouth Commuter Rail. The site is set to offer over 10 million square feet of commercial space and offers fast-track permitting options.

ISQ Seaport

Innovation Square will feature 375,000 square feet of research, development and manufacturing facilities.  Situated within the busy Seaport District the location is close to transit, restaurants and has easy access to major highways.  Tenant amenities will include a collaboration center, fitness center, and green space, along with bike storage. The first phase of the project, to be anchored by Mass Innovation Labs, is set to open in the first quarter of 2019.


June's Top New-Construction Multifamily Buildings in Boston
- Jul 24, 2018

Below are BLDUP's most active* Boston-area new-construction multifamily buildings as of June 2018. All of these buildings are either approved,  under construction, or recently completed. Each building contains either apartments or condominiums; a number of buildings are mixed-use and contain retail space.

*Most active based on page traffic.


1. The Hub on Causeway

Bulfinch Triangle - Boston

Projected Opening: Late 2018 (Phase One)

The Hub on Causeway is a 1.87 million square foot mixed-use development featuring three towers with retail, office, hotel and residential uses. The Hub on Causeway will be constructed in three phases.Completion of Phase One of The Hub on Causeway is expected in late 2018. Phase Two will consist of a 38-story residential tower with approximately 440 units and a 10-story citizenM hotel tower with approximately 260 rooms. Phase Three will consist of a 21-story office tower totaling approximately 525,000 square feet. Learn more >>>


2. One Dalton

Back Bay - Boston

Projected Opening: 2018

One Dalton will consist of 712,500 square feet of residential, hotel and retail space. One Dalton's upper floors will contain 180 private luxury condominium residences. Underneath will be a Four Seasons luxury hotel with 215 rooms. Building amenities will include a lap pool, a fitness center, a salon with manicure, pedicure and hair styling services, a private yoga and pilates studio, a golf simulator room with a wet bar and a private theater room, and more. Learn more >>>


3. Garden Garage

Bulfinch Triangle  - Boston

Projected Opening: Late 2021

The Garden Garage development will consist of the replacement of existing 650-space parking garage with a 44-story, 469-unit residential apartment tower. The tower will include approximately 20,000 square feet of common resident amenities and approximately 2,300 square feet of ground-floor retail space. A new parking garage will be built underground with approximately 830 spaces, increasing parking capacity. Improvements will also be made to surrounding sidewalks and landscaping, increasing existing open space by approximately one acre.  Learn more >>>


4. Arsenal Yards

Arsenal Mall - Watertown

Projected Opening: TBD

The approved multi-phased redevelopment and expansion of the former Arsenal Mall in Watertown’s East End. Arsenal Yards will feature 350,000 square feet of retail and entertainment, approximately 425 residences ranging from studios to three-bedrooms, a 145-room Hampton Inn and Suites by Hilton hotel and 100,000 square feet of office space. Retail at Arsenal Yards will include a 30,000 square foot specialty grocer, a cinema with 6-8 limited-seating screens, active entertainment, a combination of boutiques and national retailers, half a dozen chef-driven restaurants and a premium wine superstore.  Learn more >>>


5. Bulfinch Crossing

Bulfinch Triangle - Boston

Projected Opening: 2020

Bulfinch Crossing is a 2.9-million-square-foot multi-phased development project that will replace the existing above-grade concrete Government Center Garage with six mixed-use buildings, a pedestrian-friendly streetscape and a public plaza on two appropriately-scaled urban blocks spread across approximately 4.8 acres. When fully built, there will be 800+ housing units (apartments and condominiums, including affordable units), 200 hotel rooms, 1.15 million gross square feet of office space and 82,500 gross square feet of retail space at Bulfinch Crossing. The reconfigured garage, which will be enclosed on its three principal sides by the new West Parcel buildings, will contain approximately 1,100 parking spaces of the existing 2,300. Learn more >>>


6. Saint Gabriel’s Monastery Redevelopment

Brighton - Boston

Projected Opening: TBD

The project consists of the construction of two five-story high new 400 Residential units, reffered to as building two and three. Building two has a maximum footprint of 28 200 square-feet and building three has 37 500 square-feet. The first floor consists of parking in building two and residential units in building three. and residential and amenity spaces on the second floor through 5th floors Per the project's Expanded Project Notification Form (EPNF), resident amenities could include "a fitness center, indoor basketball court, common lounges, kitchens, games room, café, outdoor pool, and more. Learn more >>>


7. 115 Winthrop Square

Financial District - Boston

Projected Opening: 2022

115 Winthrop Square is a 53-story, 691-foot-tall tower that would replace a decrepit City-owned parking garage located in Winthrop Square in the heart of Downtown Boston. Across the $1.3 billion, 1.592-million-square-foot tower’s top 26 floors would be approximately 500 condominium residences, with approximately 750,000 square feet of commercial office space across 20 floors below. As part of the proposed project, 115,000 square feet of new affordable housing would be created, most likely in Boston’s Chinatown in collaboration with the Asian Community Development Corporation. Millennium would pay the City of Boston $166 million in order to acquire and develop the garage site. Learn more >>>


8.  EchelonSeaport

Seaport District - Boston

Projected Opening: Late 2019

Echelon Seaport will be comprised of three mixed-use towers containing 1.3 million square-feet across 3.5-acres in the Seaport District. 717 residences and 125,000 square feet of retail and restaurant space will be built at EchelonSeaport. Two of the EchelonSeaport towers will contain 447 luxury condominium residences, and one tower will contain 270 luxury apartment residences. Resident amenities at EchelonSeaport will include two signature outdoor pools, an indoor pool, expansive sun decks, engaging courtyards and oversized private terraces. Learn more >>>


9. Xmbly

Assembly Row - Somerville

Projected Opening: TBD

Proposed four-phase, 1.9 million square foot development of a 9.4-acre Assembly Row parcel largely comprised of surface parking into a mixed-use complex with a hotel, lab, office, residential and retail uses. An existing 195,000 square foot office building (Block 24) would be retained. Phase 1 (Block 21): Five-story mixed-use building containing a 188-room hotel, 147 residential units and ground-floor retail. Phase 2 (Block 22): 20-story tower containing 14 stories and 480,000 square feet of Class A office/lab space above a six-story podium. Phase 3 (Block 23): Two 19-story, 1 million square foot office towers connected by a link. Phase 4 (Block 25): Five-story mixed-use building containing 72 residential units, 16,000 square feet of retail and a 100-car parking garage.  Learn more >>>


10. The Harlo

Fenway - Boston

Opened: December 2017

The Harlo is a brand new 17-story mixed-use building featuring 212 luxurious apartment residences and approximately 7,000 square feet of ground-floor retail space with premium dining options including Tatte Bakery, Oath Pizza and Cava Mediterranean Grill. Residences at The Harlo range from studios to three-bedrooms and feature elegant finishes including exposed concrete ceilings; quartz countertops; hardwood floors; oversized windows; and panoramic views of Fenway Park, the Charles River and Downtown Boston. Select residences feature loft floor plans, as well as private terraces. Learn more >>>


Boston's Green Line Extension Finally Underway
- Jun 26, 2018

Green Line Extension FINALLY Underway

National and local officials including U.S. Transportation Secretary Elaine Chao, Governor Charlie Baker and Somerville Mayor Joe Curtatone took part in the groundbreaking for the Green Line extension earlier this week.  The much anticipated project recently received a $225 million grant from the Federal Transit Administration to restart what appeared to be a stalled enterprise. This grant is the 2nd installment of a $996 million Full Funding Grant Agreement the FTA has signed with the MBTA to extend the Green line through Somerville into Medford.

Set to include seven new stations, replacement or rehab of eight bridges, and a new bike path, the nearly 5 miles of track will help cut down on daily vehicle travel by 25,728 miles and has also fostered transit oriented development throughout Somerville.  New projects like The Sphere in Ball Square and Union Square Apartments  have already opened in anticipation of this new service while other developers look for opportunities as the project progresses.

In total this expansion is expected to cost around $2.3 billion with hopes to have the service up and running by late 2021.





May's Top New-Construction Multifamily Buildings in Boston
- Jun 26, 2018

Below are BLDUP's most active* Boston-area new-construction multifamily buildings as of May 2018. All of these buildings are either approved,  under construction, or recently completed. Each building contains either apartments or condominiums; a number of buildings are mixed-use and contain retail space.

*Most active based on page traffic.

1. The Hub on Causeway

Bulfinch Triangle - Boston

Projected Opening: Late 2018 (Phase One)

The Hub on Causeway is a 1.87 million square foot mixed-use development featuring three towers with retail, office, hotel and residential uses. The Hub on Causeway will be constructed in three phases.Completion of Phase One of The Hub on Causeway is expected in late 2018. Phase Two will consist of a 38-story residential tower with approximately 440 units and a 10-story citizenM hotel tower with approximately 260 rooms. Phase Three will consist of a 21-story office tower totaling approximately 525,000 square feet. Learn more >>>


2. The Graphic

Charlestown

Projected Opening: TBD

The Graphic in Charlestown is an upcoming renovation of the existing Graphic Arts Building located in Sullivan Square steps to the MBTA Orange Line, and construction of a new four-story modular building on site. A total of approximately 171 residential apartments will be built at 32 Cambridge Street, including 46 apartments in the Graphic Arts Building and 125 in the new-construction building. Residential apartments at The Graphic will include studios, one-bedrooms, two-bedrooms and three-bedrooms. Learn more >>>


3. EchelonSeaport

Seaport District - Boston

Projected Opening: Late 2019

Echelon Seaport will be comprised of three mixed-use towers containing 1.3 million square-feet across 3.5-acres in the Seaport District. 717 residences and 125,000 square feet of retail and restaurant space will be built at EchelonSeaport. Two of the EchelonSeaport towers will contain 447 luxury condominium residences, and one tower will contain 270 luxury apartment residences. Resident amenities at EchelonSeaport will include two signature outdoor pools, an indoor pool, expansive sun decks, engaging courtyards and oversized private terraces. Learn more >>>


4. Xmbly

Assembly Row - Somerville

Projected Opening: TBD

Proposed four-phase, 1.9 million square foot development of a 9.4-acre Assembly Row parcel largely comprised of surface parking into a mixed-use complex with a hotel, lab, office, residential and retail uses. An existing 195,000 square foot office building (Block 24) would be retained. Phase 1 (Block 21): Five-story mixed-use building containing a 188-room hotel, 147 residential units and ground-floor retail. Phase 2 (Block 22): 20-story tower containing 14 stories and 480,000 square feet of Class A office/lab space above a six-story podium. Phase 3 (Block 23): Two 19-story, 1 million square foot office towers connected by a link. Phase 4 (Block 25): Five-story mixed-use building containing 72 residential units, 16,000 square feet of retail and a 100-car parking garage.  Learn more >>>


5. 115 Winthrop Square

Financial District - Boston

Projected Opening: 2022

115 Winthrop Square is a 53-story, 691-foot-tall tower that would replace a decrepit City-owned parking garage located in Winthrop Square in the heart of Downtown Boston. Across the $1.3 billion, 1.592-million-square-foot tower’s top 26 floors would be approximately 500 condominium residences, with approximately 750,000 square feet of commercial office space across 20 floors below. As part of the proposed project, 115,000 square feet of new affordable housing would be created, most likely in Boston’s Chinatown in collaboration with the Asian Community Development Corporation. Millennium would pay the City of Boston $166 million in order to acquire and develop the garage site. Learn more >>>


6. One Dalton

Back Bay - Boston

Projected Opening: 2018

One Dalton will consist of 712,500 square feet of residential, hotel and retail space. One Dalton's upper floors will contain 180 private luxury condominium residences. Underneath will be a Four Seasons luxury hotel with 215 rooms. Building amenities will include a lap pool, a fitness center, a salon with manicure, pedicure and hair styling services, a private yoga and pilates studio, a golf simulator room with a wet bar and a private theater room, and more. Learn more >>>


7. The Aberdeen

Brighton

Projected Opening: 2018


The Aberdeen is an upcoming mixed-use development featuring 40 luxurious condominium residences and 2,400 square feet of ground-floor retail. Residences will include 12 one-bedrooms, 25 two-bedrooms and 3 three-bedrooms. Resident amenities will include a fitness center and 40 on-site parking spaces. 5 residences will be designated affordable. One-bedrooms are starting in the $600K range, two-bedrooms priced in the $800K range and three-bedroom penthouses starting at $1.2 million. Learn more >>>


8. Proto

Kendall Square - Cambridge

Projected Opening: 2018

Proto is a 22-story mixed-use tower located in the heart of Kendall Square opening in Summer 2018 featuring approximately 280 apartment residences and 16,000 square feet of retail. Residences will range from micro units to two-bedrooms, with luxurious appointments such as selectively exposed concrete ceilings and columns, Thermofoil kitchen cabinets, Silestone countertops, stainless steel moveable islands in larger residences and available Ori Systems robotic furniture. 36 residences at Proto will be designated affordable. Learn more >>>


9. Jefferson at Malden Center

Malden Center - Malden

Projected Opening: 2019

Jefferson at Malden Center is a mixed-use development that will transform Malden Center, replacing the city's former government center with three new buildings oriented about a walkable, 21st century streetscape. Jefferson at Malden Center will feature 320 market-rate apartment residences, over 22,500 square feet of ground-floor retail and a 45,000-square-foot office space that will serve as Malden's new City Hall. Jefferson at Malden Center will reconnect Pleasant Street to Commercial and Florence Streets for the first time since the former City Hall's construction in the early 1970s, restoring Malden Center's walkable, pedestrian streetscape, improving access to the Malden Center train station and creating new public parking. Learn more >>>


10. Vita JP

Jamaica Plain - Boston

Projected Opening: 2018

Vita JP is an 82 condominium development that sit above first floor retail providing additional services to residents including a state-of-the-art Planet Fitness. The building will feature 1, 2, and 3-bedroom units. The pet-friendly residences are sleek and stylish with custom cabinetry, quartz countertops, sleek baths with glass shower enclosures, and wood floors throughout the main living areas. Garage parking, secure bike storage, and a spacious roof deck with grills and a fire pit make coming home coming to life. Learn more >>>































Green Line Extension: A catalyst for sustainable mixed-use development
- May 05, 2017

By Matthew M. Robare


image1

A map of the upcoming Green Line Extension.


After decades of delays and over a billion dollars worth of cost overruns, the Green Line Extension has $2.3 billion of necessary funding intact and can proceed with construction. Originally mandated as mitigation for increased emissions from the Big Dig, the Green Line Extension will provide Somerville and Medford with an important alternative to commuting by car, resulting in cleaner skies and enabling the development of sustainable, mixed-use developments. The Trump administration has shortlisted the Green Line Extension as an infrastructure project to prioritize, further emphasizing the Extension’s transformative potential. The Green Line Extension is currently expected to open in 2021.


Screen Shot 2017-05-03 at 95446 PM

A Green Line trolley on the existing D Branch, which connects Newton and Brookline with Boston and Cambridge.


The first expansion of the rapid transit system since the Alewife extension of the Red Line opened in 1985, the Green Line Extension is planned in two branches from Lechmere Station in East Cambridge. One branch will follow the Fitchburg Line commuter rail tracks to Union Square in Somerville, while the other will follow the Lowell Line commuter rail tracks to Medford. In addition to Union Square’s stop at Prospect Street, stations are planned for East Somerville, Gilman Square, Magoun Square, Ball Square and Tufts University. A new Lechmere Station will also be built as part of the project. The Green Line Extension could one day extend further northward to Route 16/Mystic Valley Parkway.


150615_green_line_building_rendering_L

A preliminary rendering of the future Green Line stop at Tufts University, above which Tufts would construct a new building.


The government’s commitment to building the Green Line Extension has already resulted in increased land values along the future route, and a number of new development projects. According to the Metropolitan Area Planning Council, the Green Line Extension is expected to generate nearly 5,500 new residences and six million square feet of commercial space. The first major development to unveil along the Green Line Extension, Windsor at Maxwell’s Green, opened in 2012 and is located next to the future Magoun Square station. Windsor at Maxwell's Green features 184 luxury apartment residences and cost approximately $52 million to develop.


Rendergreen-thumb-520x310-70588

Exterior view of Windsor at Maxwell’s Green.


lowell_render1_0613

A rendering of the Magoun Square station, with Windsor at Maxwell’s Green at left.


Perhaps the most anticipated Green Line Extension stop is Union Square. Already the home of beloved restaurants such as Union Square Donuts and The Independent, and located a short distance to Cambridge’s eclectic Inman Square, the area has developed into something of a startup hub. Clean technology incubator Greentown Labs is already located in the neighborhood and is planning on expanding. According to Greentown CEO Emily Reichert, the Green Line Extension is crucial towards the Union Square startup ecosystem’s continued success; “to unlock the next great Massachusetts innovation corridor, we need the Green Line extension work to continue,” Reichert wrote in CommonWealth Magazine.


Another sign of Union Square’s startup scene is Bow Market, a former warehouse being redeveloped for pop-up retail and restaurant uses. Bow Market, approved by the City of Somerville last winter and anticipated to open this Fall, will feature over 30 small storefronts available for short-term leases, catering to new small businesses.


BOW-MARKET-rendering

An aerial rendering of Bow Market.


A wave of multi-family residential and retail development is also transforming Union Square. 70 Prospect Street, a 14-unit apartment building with ground-floor retail, is nearing completion steps from the future Union Square stop, and Columbia Court, a 35-unit residential building with ground-floor retail, is proposed nearby. The 35-unit Union Square Apartments and 30-unit 197 Union Square, both of which also include ground-floor retail, were recently completed.


image2

A rendering of 70 Prospect Street, a 14-unit building with ground-floor retail under construction in Union Square.


The Ball Square station, located a short walk away from Somerville’s popular Davis Square, has also seen a recent development boost. The Sphere, a 42-unit apartment building, will open this summer in the heart of Ball Square. Powder House, an innovative adaptive reuse of a former school into a sustainable mixed-use development featuring 48 apartments, 11,300 square feet of commercial space and over 69,000 square feet of open green space, was recently approved by the City of Somerville.


picture-uh04f076e7a2cc70cf578c45b7369170ec-ps3bbff2dd886a7d872ef0a67fecf8721-640-Boston-Ave-502-Medford-MA-02155

A rendering of The Sphere Luxury Apartments in Medford, which will open this Summer in Ball Square.


download

A rendering of the recently approved Powder House development.


Thought Leadership

No new thoughts. Inquire about becoming a thought leader by clicking here

Headquarters

Projects

See BLDUP's Full Portfolio >>