Boston Business Journal

New fall openings on Newbury Street, and more retail news

On an ever-changing Newbury Street, this fall will bring yet more newcomers. The high-end Back Bay shopping destination will welcome a retail shop for Vermont’s King Arthur Baking Co. and a Birkenstock shoe store, in addition to an expanded Trident...

BU wins city approval for tower renovations, new academic building

The Boston Planning and Development Agency’s board on Thursday approved Boston University’s real estate plan for its Charles River campus through 2026, including major renovations to Warren Towers and Mugar Memorial Library and a new school of global studies. The...

Charles River Labs to lay off 650 employees

Charles River Laboratories International Inc. is now sharing how many jobs it expects to cut as it undergoes “restructuring initiatives” which it announced last month. A spokesperson for the Wilmington-based firm confirmed to the Business Journal that Charles River Labs...

Orpheum, holocaust museum in ‘productive’ talks over alley access

The operator of Boston's Orpheum Theatre has been in “productive discussions” with the foundation opening a neighboring Holocaust museum and hopes to put an end to a dispute over street access in the coming days, according to the organization. The...

First air-rights project in decades opens above the Mass. Pike

Boston's first so-called air rights project in decades, built on a huge deck over the Massachusetts Turnpike, has finally opened. Its first retail tenant, a Rivian automotive showroom, and a 399-room hotel, a citizenM, are open. Its anchor office tenant,...

Here’s where Dunkin’ ranks among the largest fast-casual restaurants

Massachusetts-based Dunkin’ has landed on the 2024 ranking of fast food and fast-casual eateries from the industry publication QSR. With nearly $12 billion in revenue in 2023, Dunkin’ places between two burger giants: Wendy’s in fifth place and Burger...

These are the most expensive second-home markets in New England

As another summer vacation rental season nears its end, you may well be thinking: What if I buy something for next summer? Cape Cod and the Islands, for example, experienced a burst in interest in 2020 when the pandemic let...

Cambridge rezoning could create nearly 5,000 new homes, city says

A proposal to allow for six-story residential buildings across Cambridge would create 4,880 net new housing units in the next decade and a half, almost 14 times the number of units expected under current zoning, according to new estimates...

Boston’s property tax drama isn’t over. It’s entering a new chapter

In the frantic, not-so-productive final hours of this year’s formal legislative session, the Massachusetts Senate did not take up Boston Mayor Michelle Wu’s proposal to authorize the city to temporarily shift more of the property-tax burden onto commercial landlords. That...

Boston planning chief to step down next month

Arthur Jemison, the city of Boston’s head of planning and development, revealed Thursday that he would step down from the role in September to move back to Michigan with his family. Mayor Michelle Wu tapped Jemison, a former high-ranking housing...
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