Memorial Drive tower’s sale for $825M is giant, but the cost of an Inner Belt building leaped 184%
The sale of the 17-story office tower at 1 Memorial Drive, Kendall Square, is being called the biggest of its kind so far in 2021, but think of the three-story building going for $35.5 million. MIT has broken ground on a college of computing, too, and more apartments are going up near Union Square.
The Mary Prentiss Inn changes hands for $6.1M; Buy in Inman could retain neighborhood ‘fabric’ (updated)
The 20-room Mary Prentiss Inn near Porter Square has sold for $6.1 million after more than a year on the market; a 15-unit building in Inman Square sells for $5.9 million to buyers who plan to “reposition” it; and a Harvard professor’s single-family home goes for $4.6 million.
Final Volpe filing improves its Third Street Park, and North Point and Union Square buildings sell
When plans for the 14-acre Volpe parcel return to the Planning Board on July 20 for a rezoning petition filed June 21, there will be a few notable changes, including a Third Street Park redesigned for more combined open space and a community center expanded to 25,000 square feet.