The bill, which would apply a fee to real estate transactions larger than $2.5 million statewide, revives an idea dating back to the 1990s in Cambridge “to capture some of the value that is created by speculative activity” in high-end commercial and luxury real estate.
The Massasoit Elks Lodge near Central Square has filed a lawsuit to block the 195-foot Mass+Main tower planned to go up next to Jill Brown-Rhone Park.
After a failed attempt by the city to find a developer and manager for the empty Foundry building in East Cambridge, the Cambridge Redevelopment Authority is debating taking on the job itself. But board members expressed significant doubts.
The Massachusetts Institute of Technology presented the second of its new South of Main buildings to the Planning Board for design review, and got sharp criticism from almost the entire board. MIT wants to start construction soon, but will have to return to the board.
An announcement about the long-gestating Constellation Center is due “in a few weeks,” founder Glenn KnicKrehm said Wednesday, declining to share further details about the performance space promised for Kendall Square since the late 1990s.
With gross procedural confusion, the City Council advanced a slew of amendments to its 20 percent inclusionary housing ordinance, including removal of a controversial section that would have meant more grandfathering of large developments at today’s lower rates.
The owner of the defunct AMC Loews Harvard Square 5 got a deadline Monday from city officials fed up after nearly five years of dead space on Church Street. Gerald Chan was given 30 days by city councillors to say what will be done with the building.
Kendall Square could see another 1,400 dwelling units and 1.7 million square feet of office, research and development with ground-floor retail as the Massachusetts Institute of Technology redevelops the federal John A. Volpe National Transportation Center.
While the city advances to nearly doubling developers’ obligations to include affordable housing in their buildings, the 42-acre NorthPoint is stuck in time, possibly for the duration of a 27-year agreement. Some city councillors believe there’s another way.
The community is invited to meetings at noon or 6 p.m. Thursday to discuss the redevelopment of the Volpe site in Kendall Square, as well as to hear about other projects and issues concerning the developer, the Massachusetts Institute of Technology.