Newbury Street Foot Traffic Increased 150% on Car-Free Days Newbury Street, often called “Boston’s Rodeo Drive”, introduced car-free days to draw foot traffic to its businesses this summer. As retail evolves and e-commerce giants give consumers more convenient and affordable alternatives, speculation has risen that Newbury Street faces some challenges. This is far from the […]
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By Tim Logan When Joe O’Malley was growing up in Dorchester in the ‘90s, he hardly ever went to Faneuil Hall Marketplace — maybe once a year with his dad to get blister-free socks at the Bill Rodgers Running Center. No one else he knew from the neighborhood went there much, either. Now, O’Malley runs […]
Read MoreCity of Boston Plans to Sell 18-Acre Parcel This past Wednesday, 1-acre of land in Kendall Square fetched $50.5m, a record-setting number. Now, Boston City officials are planning to sell an 18-acre property along Frontage Road to what could become a one-of-a-kind redevelopment opportunity. Located just south of the property is Widett Circle, an 18.5-acre […]
Read MoreBioMed Realty Trust Affiliate Purchases 585 Third Street You have heard it before. Location, location, location. Kendall Square, a vibrant neighborhood in Cambridge has been dubbed “the most innovative square mile on the planet,” in reference to its high concentration of startup and biomedical companies. This past Wednesday, an affiliate of BioMed Realty Trust acquired […]
Read MoreWayfair Opening Brick-and-Mortar Location Outlet Home-furnishing company Wayfair divulged it will be opening their first ever physical “store” in Florence, Kentucky. According to FurnitureToday, “Wayfair already operates a distribution center in Erlanger, Kentucky” which services the greater Cincinnati market. A spokesperson for Wayfair said it will sell returns and closeouts in good condition. Once adamant […]
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