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Personally I don't like a stack bond...

"Oh, me? I live in the JP Morgan Building."

Benefit of the doubt: It's new. The Seaport received similar criticism until recently. Inexplicable: The ground floor retail options are thin. External factor: There's not much around "outside" of this in the first place, except perhaps the Museum of Science, but 1) that has a really specific...

The millionaire's tax is split in half, 50% towards education, 50% towards transportation, state-wide. Transportation, despite Healey's campaign around "Fixing the T" with this funding, includes highways, regional transit authorities, and the T. The MBTA only receives a very small portion...

If it was truly construed that way, I apologize. I've edited my original post for clarity :) I think it's fair to bring up regional differences, which includes worker pay, when Houston housing construction was used as a reference point.

You don't have to disagree on something I'm not stating. I already stated twice it's not killing projects by itself. It's just another factor. However, something "so small" does add up over a multimillion dollar project, and again, does not kill it alone. For every 100,000 labor hours, costs...

Depends on the quality of the soils. For "clean" (contaminant free) soil, if you can't re-use on site, projects may work deals with other projects that need structural fill imported, so long as your soil meets their spec through testing. You can also send fill back to plants to process it into...

As already stated in my post, this alone isn't killing projects, but it's one of the more region-specific factors that differentiates us from some of the leading cities. But we can believe the cost of construction in Boston is the same as it is in Texas.

I'll just add: Even comparing on a Multifamily: Multifamily cost basis across cities, as noted multifamily developments are often built in a much different way, with a lot more trades involved. CA and MA pay comfortable equitable rates consistent with the area COL, and are, based on historical...

This (long term expansion) seems realistic and is essentially pointed to in what Berklee has made public. The rest of the article outlines that they have been looking at this property for 20+ years, and it fits in with the long range strategic plan, so any immediate capital investments don't...

Nothing promising, but OMA posted some renders: (note the #archives reference, which makes me think this is just a marketing post and nothing indicative of any movement of the project)

Scape's The Bon project is filing Chapter 11 Bankruptcy protection after the landlord it is now suing was allegedly uncooperative. This was Scape's first project following the $1BN investment announcement. By my count, that makes 4 failed Scape projects in the area out of 4 planned, three of...

I used to see reports that removing urban parking requirements (i.e. underground parking) allowed for up to 20-30% cost savings. Cutting parking costs seem to be a major puzzle piece in getting a project more affordable.

Braintree Street has pretty much cemented itself as a non-active, semi-anti-pedestrian street - none of the recent developments on it have included ground floor activation. By extension, since there's nothing to walk to on Braintree Street, Wilton Street is not going to get much foot traffic...

Now that it's complete, Arlington HS has a community open house Saturday 1-4pm. https://ahsbuilding.org/2025/10/06/openhouse/

I think it's technically up to the City to budget the money to them accordingly. I haven't been involved in a deal like this, but I think in essence, the money MP paid to the City of Boston was earmarked to these projects. It is not MP paying these projects directly. I'm not quite sure how to...

$25 Million. For anyone tracking, they also originally owed $10 million to East Boston Orient Heights, $25 million to South Boston Old Colony, $28 million to Franklin Park, $28 million to the Boston Common and $11 million to the Emerald Necklace.

+ Boston NIMBY-ism is a constant presence, and it has to be factored in early as you're going through zoning and design review. That adds a lot of upfront risk. We’ve seen large players like Scape step back entirely after essentially running full-speed into a wall. After announcing a $1BN...