https://www.bostonglobe.com/2023/08/29/business/former-property-cambridge-matignon-school-is-up-sale/
The property is adjacent to The International School of Boston, north of Mass Ave, and quite near Tufts.
The Massport slide states that the existing ground lease must be amended. No mention of the period of time to be covered by an amended lease, nor how much additional money the lessee will pay Massport.
This is a video produced by NAIOP. The HQ of NAIOP is in Herndon, an Uber ride over the bridge from you.
https://www.naiop.org/about-us/board-of-directors/
Not much diversity.
I assume the new building will have a Biosafety Level 3 lab, the second highest classification. The existing building is a Biosafety Level 3.
https://ragoninstitute.org/bio-safety-level-3-core/
The highest level is Level 4, which BU's lab received in 2017. Would not surprise me if Ragon was...
Architects:
https://www.payette.com/project/ragoninstitute/
(y):love:❗‼
And not to be confused as I initially was by the architects for a smaller (expansion of existing) Ragon project several years ago. The clue that I was astray was the portfolios that were full of interiors...
The architects are Shepley & Bulfinch, who have been designing libraries for nearly 150 years. They had been designing libraries for about 75 years before the ENIAC was built.
https://goo.gl/maps/ePQLWVJXtB5uHKBV8
^^^This is an Oct 2022 streetview of the site as seen by the many thousands who...
The Globe editorial mentioned that they have to demolish the adjacent, five-story parking garage, 35 years young, because it too has deteriorated beyond the point of repair. The Globe hints the garage may not be rebuilt, given its low utilization.
From the Globe article,
Its not "dead space" below the 11th floor; its this: "Beyond the office and residential tower, the first phase of the South Station project includes an expanded bus terminal and an upgraded train concourse."
I find this photo fascinating, not the least for the amount of foot traffic that a CBD would absolutely die for today.
Based on the shadows, mid-late afternoon weekday in a cold weather month. Very likely dated before 1910, no motorized vehicle can be seen. Earlier than the photo I posted, so...
CNBC extensive profile on Commonwealth Fusion, timeframes to first fusion reactor coming on-line in 2025, and subsequent scale-up. Business plan is to be partly like Boeing, build and sell reactors to companies that generate and distribute electricity...
Just read the awning on the old photo. Advertised the ticket office for auto sightseeing, even to far-away Lexington and Concord. That must have been quite the trip back in the day.
^^^ a 1910 Packard 30 Model UC. a "4-cylinder, 30-horsepower, 123.5-inch wheelbase, 7-person touring car"
The parking lot may be a collaterized asset, underpinning other properties.
See also:
https://lawprofessors.typepad.com/trusts_estates_prof/2012/01/frank-sawyer-heirs-not-liable-in-tax-court.html
^^^where one or more family trusts may still be in play.
Time is already running out with respect to near-term measures. Unless resiliency measures are taken and put in place in the next 10-20 years, buildings could become uninsurable.
From the NY Times...
I think the parking lot and the brick building to its image left may be associated with this.
https://www.bostonmagazine.com/2010/12/26/what-happened-w-hotel/4/
Different entity than the owner/developer of the church.
Chiofaro's plan for the Pinnacle was/is to elevate the base of the building by x feet above Boston City Base. ( I can't remember the exact elevation but recall that one would have up to walk up a flight of steps, or a long ramp to access the ground floor from the Greenway.) The new underground...