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June 15, 2021

Michelle Wu On Abolishing The BPDA, Reviving Downtown And The Lab Boom

[Digital Summit] Oxford Properties & AEW talk ins & outs of investing in cold storage June 29

Boston At-Large City Councilor Michelle Wu isn’t shy about shaking up Boston’s development infrastructure, making the issue a linchpin of her mayoral campaign.

Wu on Wednesday will unveil the latest iteration of her affordable housing platform, which ties into her goals of restructuring City Hall — particularly the functions that directly oversee the real estate industry. Wu explained why in an interview with Bisnow on Monday, but the progressive mother of two also pitched an idea to revitalize the city's urban core, which she called "the key to our recovery."

“Let's facilitate conversations about how we can get on-site childcare in every one of our large office buildings so that when employees do come in person there, there's one less worry with being able to have your young kids on-site,” Wu said in a phone conversation. “There are lots of uses with the space as we recover that we can think about connecting the other parts of our infrastructure that are much needed in families’ lives."

Mayoral Hopeful Michelle Wu On Abolishing The BPDA, Reviving Downtown And The Lab Boom

Wu, with $1.2M raised to date, leads the Democratic primary field of six candidates, including acting Mayor Kim Janey, in fundraising. She earned an endorsement from former professor and boss U.S. Sen. Elizabeth Warren in January. She trailed colleague At-Large Boston City Councilor Annissa Essaibi George 22% to 18% in a poll…

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WinnCos. Unveils Massive Redevelopment Vision For South Boston Residential Community

WinnCos. Unveils Massive Redevelopment Vision For South Boston Residential Community

WinnCos. is pitching a massive redevelopment of a public housing community in South Boston, laying out ambitious plans to replace more than 1,000 dated residential units. The developer Monday submitted a letter of intent with the Boston Planning and Development Agency for…

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Why The Boom In Biomanufacturing Is Just Getting Started

Why The Boom In Biomanufacturing Is Just Getting Started  

Manufacturing facilities that make the next generation of drugs and therapeutics are seeing a burst of interest across the country, rising from their former status as a niche subset of life sciences real estate.

An exceptionally large spigot of money, from private venture capital as well as federal sources like the National Institutes of Health, is dramatically expanding the drug and therapy development pipeline, and along with it, the need for modern biomanufacturing buildings. “There is a shortage, and I think it’s probably one of the…

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Industrial REITs Won 2020; Retail REITs Lost. The Dichotomy Isn’t So Clear Moving Forward

During the coronavirus pandemic, as e-commerce ballooned, industrial’s gains seemed to be in direct proportion to retail’s losses. Industrial was a story of heightened demand and increasing valuations; retail was a tale of woe as tenants went dark or quit paying rent. 

In 2021’s post-pandemic environment, the interplay between industrial and retail isn’t as simple as a winner and a loser. Further demand for industrial hinges in part on how retailers are able to leverage e-commerce to support their physical stores.

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Hybrid Hurdles: A Partial Office Return Full Of New Complications

Hybrid Hurdles: A Partial Office Return Full Of New Complications  

The hybrid office plan seeks to offer everyone flexibility. But as more firms return, it's clear this new workplace principle is causing its own hiccups. A recent Wall Street Journal story details the cybersecurity challenges of a team of co-workers, and their devices, constantly moving between home, office and elsewhere.…

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