Governor Healey Announces New Labor Advisory Council at Mass Building Trades Union Convention
Governor Healey announced she is signing an Executive Order creating a Labor Advisory Council to advise her on matters related to organized labor. This is the first time in more than 50 years that a MA Governor has created such a council. Roger Brunelle has recently been named Labor Advisor in the Office of the Governor. Read More
Boston Tied for Lowest Retail Vacancy of Major U.S. Metro Areas
The retail vacancy rate in the Boston metro area is 2.9% this quarter and has continued to fall every year since 2020, according to a new report from Marcus & Millichap. Boston was tied with Miami and Raleigh, North Carolina, for the lowest vacancy rate of the 50 metros the firm tracks. Read More
The Unionized Labor Wealth Gap
There's a massive wealth gap between workers in unions and nonunionized workers across education levels, per a new analysis from the think tank Center for American Progress. Overall, those in unions had a median wealth of $338,482 compared to $199,948 for nonunion workers. Read More
Proposals & Projects We're Watching
BPDA OKs Massive Mixed-Use Project on Mystic's Banks in Charlestown: The board of the BPDA approved a six-building development on the Mystic River in Charlestown, as well as two large Sullivan Square lab buildings. The Fallon Co. plan to build more than 800,000 SF of lab and office space across two buildings at 66 Cambridge St., on land that has been home to parking lots and rail infrastructure. Read More
Druker Company Wins Approval for South End Development: The Druker Company has won approval for a mixed-use project at 1033-1035 Washington Street in the South End. The project will convert a vacant warehouse and parking lot into two new office/ lab buildings with retail, and community space. Read More
Studio G Architects Announces Groundbreaking of New Campus at Franklin Cummings Tech: Studio G Architects, a Boston-based architecture firm, celebrated the groundbreaking of a new campus for Franklin Cummings Tech within the heart of Roxbury’s Nubian Square. Read More
|