Two proposals to transform the vacant lot in Roxbury known as Parcel P3 have hit the desk of the city’s planning and development agency, each promising new affordable housing and economic development in the area.
As officials begin to review the latest development proposals for the 8-acre parcel, Boston-based HYM Investment Group is proposing that Roxbury join the Greater Boston life science boom in force with 700,000 square feet of office and lab space.
The city of Boston has drawn two proposals for a nearly eight-acre parcel of land in Roxbury that multiple mayoral administrations have tried in vain to develop. At least one of the bids, from The HYM Investment Group, would put a large life sciences and housing campus in the neighborhood.
How Rottet Studio designed a trio of owners-only amenity spaces for The Sudbury Residences at Bulfinch Crossing
The Sudbury was initially conceived as rental apartments. But once the team behind the 46-story residential tower fully understood just how stunning its views would be, they developed the top 11 floors as condos and christened them The Sudbury Residences.
BOSTON – Global law firm K&L Gates LLP will be relocating its Boston office in 2023 to One Congress, a one million square foot, trophy office development owned through a joint venture between Carr Properties and National Real Estate Advisors, LLC (National) on behalf of its clients.
As part of the latest, revised plans for the ongoing redevelopment of the Government Center Garage, a single life sciences building is now planned for the east parcel of the project site, instead of three buildings as previously proposed, along with a new bus station, and a public plaza connecting to the Rose F. Kennedy Greenway.
At the nexus of the Seaport, the North End and Beacon Hill, there is a part of the Waterfront – Downtown area some are now calling Bulfinch Crossing.
HYM Investment Group, the real estate firm behind the 161-acre redevelopment of Suffolk Downs, announced Wednesday that it is opening up a mile-long loop each day for Boston-area residents to exercise, run, or walk their dogs.
Boston dignitaries ascended to a banquet on the open-air 33rd floor of the city’s newest tower as the redevelopment of the Government Center garage continues — and the demise of the over-street portion of the old brutalist building nears.
The development team behind the $1 billion One Congress office tower in downtown Boston on Thursday celebrated the 600-foot building’s topping-off, a traditional milestone marking the highest point of vertical construction on a project.
A 46-story condo tower has already opened, and a new headquarters tower for State Street will soon follow. Now, a dramatic remake of the Government Center Garage would build labs in an upcoming phase of the Bulfinch Crossing project.
After running a successful drive-in movie program during the height of the COVID-19 pandemic last summer, owners of Suffolk Down, HYM Investment Group, have decided to open the historic racetrack oval to the public this summer.
The plans originally called for housing, but the developer wants to capitalize on the strong demand from life sciences companies.
The Sudbury’s condominiums boast uninterrupted views of the North End and Beacon Hill.
When developers at HYM Investment Group started planning a major urban redevelopment at the former Suffolk Downs racetrack near Boston Harbor, they knew they had to plan around water.
Plans are underway to reinvigorate Suffolk Downs with a 16 million square-foot project that could bring upwards of 10,000 condominiums and apartments to the former thoroughbred horse racing facility, which closed on Oct. 4, 2014.
Initial site work has begun on the Revere side of the massive Suffolk Downs development. Under development by the HYM Investment Group, Suffolk Downs won approval in Boston in September of 2020 and will feature 10.52 million SF, more than doubling the residential development pipeline in the city.
2020 has been largely defined by the impacts of the coronavirus, threatening one of the area’s economic cornerstones. However, recent activity suggests that the Greater Boston construction sector will continue to thrive, and even expand.
Members of the Revere Conservation Commission voted unanimously to approve an eight- story, 340,000 square-foot building on the Suffolk Downs site being developed by HYM Investments.
According to year-end statistics compiled by the Boston Planning and Development Agency (BPDA), Boston planners approved 55 development projects in 2020 that will build over 12,000 new homes, 6.5 million square feet of new commercial space, and enough parking to store up to 11,162 more cars – and almost all of that new parking would be built in transit-accessible neighborhoods within a quarter-mile of an MBTA station.
The race for governor of Massachusetts has begun — even though Election Day is still more than a year and a half away. The incumbent, Republican Charlie Baker, hasn’t said if he’ll seek a third term, but Democrat Ben Downing is already running.
Across the U.S., commercial real estate projects have ramped up to implement new technology to ensure a gold standard of wellness. One Congress, the highly anticipated office tower that will serve as an anchor to the larger Bulfinch Crossing development, is no exception.
Tom O’Brien, HYM Investment, on how immigration reform is good for business.
From Harvard’s president to an executive in Boston’s booming biotech industry, dozens of New England business, higher education and political leaders on Friday urged Congress to overhaul the nation’s immigration laws, following the introduction of President Joe Biden’s wide-ranging immigration bill this week.
Last week, the Boston Planning and Development Agency (BPDA) voted to distribute $200,000 in mitigation funds from the Suffolk Downs Redevelopment project to Greater Boston Legal Services (GBLS). The funding fulfills a portion of its community benefits commitment from when the project was approved in September 2020.
Tom O’Brien, HYM Investments, on their projects in the Boston-area
The Revere Planning Board gave its unanimous approval to the McClellan Highway Development Company and the HYM Investment Group’s sub-division plan for Phase 1R of the Suffolk Downs redevelopment project at its Jan. 12 meeting.
Tom O’Brien, the founding partner and managing director of the HYM Investment Group, has two big projects under development – a massive mixed-use complex at the site of Suffolk Downs in East Boston and a mixed-use project called Bulfinch Crossing at the former Government Center garage. Combined, the two projects call for 6.35 million square feet of office space.
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