The following represents articles of interest to the Boston real estate community that appeared in various publications during the week.
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Real Estate Articles of Note
Greenway’s managers hope food will make the park more appetizing
Boston Globe — June 11, 2010
Food vendors will open for business Monday on the Rose Fitzgerald Kennedy Greenway, offering everything from Argentine sandwiches to fruit smoothies as part of an effort to draw larger summer crowds to the downtown Boston park system.
Borders opens at Legacy Place
Boston Globe — June 10, 2010
Less than a year after its launch, Legacy Place will welcome its Borders bookstore this week, the last of the retail anchors for the complex at the junction of Providence Highway and Route 128.
Despite slow economy, Danvers state project forges ahead
Boston Globe — June 10, 2010
It has endured a fire and a poor economy, but the long-awaited redevelopment of the former Danvers State Hospital site is gradually taking shape.
Fed finds guarded optimism in region
Boston Business Journal — June 9, 2010
New England business managers surveyed by the Federal Reserve Bank of Boston reported activity was stable compared with a year ago or up slightly, the researchers reported Wednesday in the latest installment of the eight-times-a-year national survey informally called the “Beige Book.”
UMass Lowell launches construction of $80M tech center
Lowell Sun — June 9, 2010
Last July, UMass Lowell bought the former DoubleTree Hotel from the Procaccianti Group of Providence for $15 million and promptly changed the name to the UMass Lowell Inn & Conference Center.
Devens needs to fill vacant space when Gillette moves
Mass High Tech — June 9, 2010
State economic development efforts in Devens will be dealt a blow come the end of 2010, when more than 650,000 square feet of commercial space will stand empty after Gillette pulls up stakes and vacates two buildings.
W developer bankruptcy may hurt city
Boston Herald — June 8, 2010
Three properties that the bankrupt developer of Boston’s W Hotel & Residences put up for collateral to land a $10.5 million city loan also have gone belly up.
Cape Cod Residents Keep the Chain Stores Out
The New York Times — June 8, 2010
It was a family-owned T-shirt shop that sent Barbara Rushmore on a mission to ban chain stores from this quaint and quirky seaside town.
Ropes expands Pru space by 50K square feet
Boston Business Journal — June 7, 2010
Ropes & Gray LLP has added an additional 50,000 square feet to its planned takeover of the top floors at Boston’s Prudential Tower, a move that is on target for completion by Jan. 1.
Housing slated for 13-story former school
Boston Herald — June 7, 2010
With more than 6 million square feet of space available in downtown Boston’s office buildings, the developer of 100 Arlington St. has abandoned plans to turn the Boston Renaissance Charter School into offices
Defending Boston from the sea
Boston Globe — June 6, 2010
A massive ocean barrier. Hidden Holding tanks. With Sea Levels Rising, Urban Planners Start Envisioning a More Waterproof City
Developer pays $40M for former Polaroid campus in Waltham
Boston Herald — June 4, 2010
The picture is looking brighter at Polaroid’s old campus.
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