Luxury Amenities Influence New Multifamily Designs

Quincy Complex Will Have Doorman, Refrigerated Lockers By Jonathan Miller | Jul 1, 2018 Boston’s rapidly rising population is spurring an apartment boom of discerning renters who expect more in apartment amenities, and the developers and owners who respond to these market demands are reaping the reward of premium rents. Double-income Millennials and Baby Boomers,…

Tenant Fit-Out Team Named for PTC Headquarters

Needham-based tech company PTC has selected a team to oversee its tenant fit-out as it prepares to relocate to a new headquarters in Boston’s Seaport District. Cresa’s project management team will oversee PTC’s buildout and relocation to the new 250,000-square-foot offices at 121 Seaport in early 2019. Boston-based Margulies Perruzzi Architects will provide and architectural…

Creating an Eco-Friendly Development in an Urban Environment

MULTIFAMILY HOUSING DESIGNS REFLECT CHANGING LIFESTYLES November 26, 2017 By Nate Peck Newly built or renovated multifamily developments set in urban environments attract tenants with their eco-friendly construction and wealth of desirable amenities. The appeal of modern multifamily living draws a wide range of renters, from Millennials seeking live/work space, to families wanting access to…

Boston Scientific Reinvents Quincy Distribution Center

ADDS OPEN OFFICE SPACE AT MASSIVE QUINCY WAREHOUSE October 29, 2017 By Marc Margulies and Alvaro J. Ribeiro Renovating and re-purposing a building can involve several factors: preserving existing features, updating building infrastructure and energizing spaces for their new use. Warehouses offer their own challenges, especially “legacy” buildings that have long become obsolete. An outdated…

Amazon Bit Renews Talk Rail Ferry Expansion

LAB SPACE REMAINS IN HIGH DEMAND By Steve Adams, Banker & Tradesman Staff October 20, 2017 The 161-acre Suffolk Downs property could accommodate a mini-city of mid-rise office buildings, 10,000 housing units and five hotels, according to the joint bid for Amazon’s second headquarters submitted by Boston and Revere. The proposed residential units “of all…

Margulies Peruzzi Architects Completes New Boston Office for Avalonbay Communities

AVALONBAY IS A PUBLICLY TRADED REAL ESTATE INVESTMENT TRUST FOCUSED ON HIGH-QUALITY APARTMENT COMMUNITIES September 8, 2017 Margulies Perruzzi Architects announced the completion of a new office in Boston for AvalonBay Communities Inc., a publicly traded real estate investment trust focused on high-quality apartment communities. MPA provided space planning and interior design services for AvalonBay’s…

Brighton Complex Opens at Full Occupancy

NOVA RESIDENCESA OPENS AND IS 100% OCCUPIED September 7, 2017 Developer LBC Boston has completed construction of Nova Residences, a 68,000-square-foot, 80-unit rental complex at 1505 Commonwealth Ave. in Brighton. The 6-story, $25 million complex is 100 percent occupied with rents for market-rate units ranging from $1,850 to $3,250 per month. Ten units are restricted…