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
Wonderland is shutting down
The Boston Globe — August 19, 2010
Wonderland Greyhound Park, the former dog racing facility in Revere, told employees this morning that it is suspending business operations after 75 years, succumbing to state law banning greyhound racing and the Legislature’s failure to pass a measure allowing casino gambling, an official close to the company said.
Rising tide for Seaport
Boston Herald — August 19, 2010
Seaport Square, a plan to transform 23 acres of parking lots on the city’s waterfront into a neighborhood of homes, offices, retail, theaters and green space, is expected to take the next giant step forward next month when the Boston Redevelopment Authority approves a master plan for the project
Old mall makes way for the new
The Boston Globe — August 19, 2010
The Quincy Fair Mall, a high-visibility multiuse Quincy Center building that once housed movie theaters, restaurants, and government offices, is slowly being reduced to rubble this summer to make way for a much-touted new road through the city.
Chiofaro says he’s seeking compromise
The Boston Globe — August 19, 2010
Donald J. Chiofaro offered to compromise with Boston officials over the size of his proposed waterfront complex after city planning officials adopted a 200-foot height limit on the property Tuesday.
Construction ‘Prompt Pay’ Bill Signed Into Law
Banker & Tradesman — August 18, 2010
A new law requiring construction payments to be paid "promptly" has been passed, which advocates say is one of the most significant pieces of legislation affecting private construction since the reform of the state's mechanic's lien law in 1996.
North Station area eyes BID
Boston Herald — August 14, 2010
Mayor Thomas M. Menino and the Downtown North Association, a group that represents landlords and residents in the so-called Bulfinch Triangle, say the recently approved Downtown BID, which is expected to raise more than $4 million from landlords next year, could be just what the district needs.
Revival on tap for Hub channel
The Boston Globe — August 14, 2010
Boston’s Fort Point Channel, for decades a polluted workhorse of industry, is about to undergo a dramatic transformation to a recreational and social playground that could host floating restaurants and music shows, kayak rentals and fishing charters.
McDonald’s redevelopment rankles Allston-Brighton neighbors
Boston Herald — August 14, 2010
A proposal for a new McDonald’s in Brighton has heightened tensions between the neighborhood and Harvard University.
Colliers Meredith & Grew in the News
Liberty Mutual Receives Approval to Expand Boston Headquarters
Boston Redevelopment Authority — August 18, 2010
The BRA Board approved plans for a new $300 million Back Bay office building as part of Liberty Mutual’s expansion of its Boston headquarters. The project will create a new 590,000 square foot, 22-story office building located at 157 Berkeley Street.
2010 Life Sciences Review
Colliers Meredith & Grew is pleased to announce the release of its Summer 2010 Life Sciences Review. This report delivers commentary on trends and statistics pertaining to greater Boston's commercial laboratory markets and life sciences industry. If you would like to receive a copy, please contact Mary S. Kelly at mary.kelly@colliersmg.com or go to www.colliersmg.com/form_lifesciences.html and request a copy.
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