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Boston, September 20, 2018

RESIDENTIAL REAL ESTATE

Leggat McCall and Bentall Kennedy have broken ground on development of The Smith, a mixed-use, two-building project at Dedham and Albany Streets in the South End. Plans call for 650 apartments, 76,800 square feet of office space and 19,700 square feet of retail and culture space. Read more at Curbed Boston.

 

TECHNOLOGY

Bellevue, Wash.-based Smartsheet announced it will add an additional 300 employees to its Boston office. The work management software provider is tripling its office space from 20,000 to over 62,000 square feet to accommodate a total capacity of 450 staff members. Read more at American Innovation.

 

STARTUPS

Boston-based Mabl Inc. closed it Series B round of funding with $20 million in investments led by GV, the venture capital arm of Google’s parent company, Alphabet Inc. The Boston-based startup also launched an enterprise version of its corporate software code for web applications. Read more at the Boston Business Journal.

 

ADVERTISING

Research firm eMarketer released a report in which it predicts Amazon will grow its share of the US digital ad market to 4.2 percent, putting it in third place behind Google and Facebook. The ecommerce giant’s mobile ad sales this year are projected to increase $500 million from the year prior to $1.6 billion. Read more at CNN.

 

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Our Most Recent Features

Boston, September 20, 2018

RESIDENTIAL REAL ESTATE Leggat McCall and Bentall Kennedy have broken ground on development of The Smith, a mixed-use, two-building project at Dedham and Albany Streets in the South End. Plans call for 650 apartments, 76,800 square feet of office space and 19,700...

Boston, September 18, 2018

COMMERCIAL REAL ESTATE Ad Meliora LLC filed plans with the Boston Planning and Development Agency to develop a 2.5-acre, two-building residential project on an industrial site at 1725 Hyde Park Ave. Plans call for 305 condo and apartment units, a pocket park, parking...

Boston, September 17, 2018

FINANCE GFA Federal Credit Union struck an agreement with the Cannabis Control Commission to bank with recreational marijuana companies as the state prepares to launch the market. Massachusetts has granted provisional approval to 30 marijuana businesses so far and...

Boston, September 12, 2018

REAL ESTATE An affiliate of BioMed Realty Trust has acquired a once-acre parcel of land at 585 Third St. in Kendall Square from Constellation Charitable Foundation for $50.5 million. The nonprofit will look for a new home for its planned performing arts center. Read...

In Case You Missed Them

Boston, September 5, 2018

TRAVEL According to a new study from EducatedDriver.org, Boston is the 29th worst among U.S. cities for the time residents spend commuting to work. The average Bostonian has a round-trip daily commute of 64 minutes, equating to an average 500 days spent commuting in...

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Boston, August 28, 2018

HEALTHCARE Louisville, Kentucky-based Humana Inc. announced plans to open a 40,000-square-foot digital health and analytics center at 281 Summer St. in the Seaport District next summer, bringing 250 jobs along with it. Read more at the Boston Business Journal.  ...

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Boston, August 23, 2018

INNOVATION Stratolaunch Systems will launch a line of the largest planes ever built within the next two years. The company’s 550,000-pound, 385-foot wingspan Stratolaunch airplane will be capable of transporting 550,000 pounds. It’s currently undergoing the last few...

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Boston, August 22, 2018

DEVELOPMENT Boston-based MG2 Group is working on a plan to build a 10-story, mixed-use building at East Boston’s 2-10 Market Square on the site of a 0.17-acre parking lot. While the developer has not filed formal paperwork, plans include ground-floor retail space...

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