0 Boston Tech Companies Throw Dance Party at Lunch

Dance party at lunch in Boston seaport district

Credit: The Boston Globe

It seems that ice cream Friday for the office doesn’t stand a chance, when pitted against a lunchtime dance party. Will this be a new mainstay within the Innovation district or a passing fad?

The Boston Globe reports, “Lunch Beat Boston style is an amped-up dance hour, where the Seaport’s District Hall is turned into a darkened disco, and techies groove to thumping electronica so loud that networking becomes, by necessity, a wordless bounce to the beat with your neighbor…Lunch Beat — a global franchise that started three years ago in the electronic dance music hub of Stockholm — is a noontime rave intended to break up the work routine with a midday jolt of techno tunes. Organizers in Greater Boston held their fourth such rave Wednesday at District Hall, the newly erected center of the city’s budding Innovation District.”

The full Globe editorial is available to Boston Globe subscribers on its website.

0 Boston Ranked 3rd Most ‘Walkable’ City

Pedestrian Walk sign

Credit: Boston Business Journal

Boston is a very walkable city except when you want to cross the street. Doesn’t matter if you on Beacon Hill or Dot Ave – look left, right, left – then run.

The Boston Business Journal interviewed Walk Score — the company the produced the survey — CEO, Joshua Herst, who stated “Boston is a very walkable place and came out with a score of 79.5, making it a very walkable location.” Herst went on to say “Boston may be our most consistent performer, coming in at number three in our 2008, 2011 and 2014 rankings.”

Additional insights from the interview are available on the BBJ.

0 MassDOT Approves Back Bay Hotel, Retail, and Condo Project

Back Bay development project

Credit: Banker & Tradesman

At Boylston Street and Mass Ave a new project has just gotten approvals from MDOT.

Details on the new project are available in Banker & Trademan, and included the following overview:

“A project at the corner of Boylston Street and Mass. Ave. in Boston’s Back Bay neighborhood involving the construction of a hotel and residential development over the MassPike received approval from the Massachusetts Department of Transportation today…The 99-year lease agreement between MassDOT and ADG Scotia covering two plots of land, known as Parcels 12 and 15, will provide the Commonwealth project value of $18.5 million for the two parcels in the form of fixed payments early in the lease period combined with annual rent payments.”

The full article can be found here on B&T.

0 Copley Place will see $500M Expansion

Copley place expansion, graphic rendering

Credit: Bisnow.com

Changes are coming to Copley Place, a 52-story tower to house rental apartments and condos. Currently there is no change to the existing office towers.

Bisnow is reporting that “Simon Property Groups $500M expansion of Copley Place–is advancing with the recent city approval of its revised plan to add rental apartments to the residential mix…Simon will build 433 rental apartments and 109 condos instead of 318 condos in the 625-foot, 52-story tower.”

Additional details are available online, here.

Related Property Listings
Copley Office Space for Lease

0 Looking to Raising Startup Capital in Boston? Here’s a Quick Reference

SVG Capital LogoGreater Boston is rich with new, creative business ideas that with nurturing, could grow into companies that will employ our educated workforce and give back to the greater community. To blossom, these business ideas need leadership and capital; Boston has both.

The challenge for startups then becomes how and when to hire professional management for your idea and when to raise capital to grow. What should you do?  Surround yourself with smart people and take your idea on a road show with potential investors.  Boston has a wealth of venture capital and private equity firms that are eager to partake in a great idea. Interview them, ask them the hard questions, but most importantly, believe in yourself.

Here’s a list of Boston area VC’s:

Continue reading

0 One Winthrop Square in Boston goes up for Sale

Office space at one winthrop square in boston

Credit: Boston Business Journal

Another downtown office asset hits the sale block. This week it’s One Winthrop Square in Boston.

From the BBJ:

One Winthrop Square, a 114,000-square-foot office building in Boston’s Financial District, has been listed for sale by its Germany-based owner…Commercial real estate sources expect a relatively high value for One Winthrop Square in light of last month’s sale of One Liberty Square, the 13-story office building also in the Financial District.

Additional information on the listing of One Winthrop Sq. is available on the Boston Business Journal’s website

0 Back Bay to get Nantucket Restaurant Lola 41

More food choices are headed to Back Bay, including Nantucket restaurant, Lola 41, owned by Marco Coelho. Lola 41 is moving towards an agreement on a location at 50 Gloucester St. in Boston’s Back Bay.

Lola 41 main food course

Credit: Lola 41

According to the Boston Business Journal, “a restaurant called Ambrosia on Gloucester was recently reported to be opening at 50 Gloucester St,” however, the sushi, seafood, and burger restaurant from Nantucket apparently got the location.

More details on the restaurant and its new location are available on the BBJ.

If you’re excited for the new restaurant and want to check out office space available in the area, continue on to view our Back Bay offices for lease.

0 Back Bay Office Tower Approved

Back bay office tower graphic

Credit: The Boston Globe

Our city continues to grow up. Literally. The newest building approved in Boston is 691 feet. The tallest current building in the city is the John Hancock, at 790 feet, built in 1976. Coming in second is the Prudential Tower at 750 feet, built in 1964. The only building to make the list and built in the 80’s, was One International Place at 600 feet built in 1987.

From 1987 to present we have not seen any new construction over 600 feet. Currently there are three projects that are all 600 feet plus.

The Boston Globe reported on the announcement:

“The 58-story building, at the corner of Belvidere and Dalton streets, will add another major peak on the high spine of the Back Bay and bring thousands of new residents and visitors to one of the city’s most celebrated landmarks…The 950,000-square-foot development also includes a 25-story tower with 255 apartments; both buildings will have retail and restaurant spaces. Construction is scheduled to start early next year.”

Jump over to the Boston Globe’s website to read the full editorial.

Available Commercial Real Estate
Back Bay Office Space

0 $66M Theatre District Hotel Proposed

Hotel in Theatre Distict, Boston

Credit: Boston Business Journal

Is our Theatre District going to look like Times Square? Specifically, What do you think about a 3-story digital sign for Stuart and Tremont Streets?

According to the BBJ, “Amherst Media Investors is planning to present plans to the neighborhood for a 21-story boutique hotel and the installation of a three-story digital sign for Stuart and Tremont streets, across from the W Hotel & Residences…Under the latest proposal, Amherst Media has reduced the number of hotel rooms to 202 from 240 but added two stories or 17 feet. The revised project will consist of 117,000 square feet of space, an increase from the 101,000 square feet previously proposed.”

Additional analysis on the proposed hotel is available on the Boston Business Journal.

Related Commercial Real Estate Listings in Boston
Theatre District Office Space for Lease

0 Office Prices Soaring in Boston’s Innovation District

Office rents have increased in excess of 40 percent in the last two years in the Innovation District. What will happen as those leases start to roll in 2014, will those tenants be able to afford the new rents?

Boston's innovation district at night

Credit: InnovationDistrict.org

A recent editorial in the Boston Globe noted the challenges facing small businesses and occupants of the Innovation District:

“The Innovation District is in danger of becoming a top-heavy boutique neighborhood because it targets price-sensitive businesses, but has no way of providing stable rents. There’s no consensus about who should pay to keep office rents affordable at the very low end — developers, large companies, area institutions, or the city itself could all conceivably handle the job — and, even if consensus did exist, there’s no means of enforcing it.”

Jump over to the BostonGlobe.com for the full article.

Related Office Listings
South Boston Waterfront Real Estate