Report: Baby Boomers, New Workers Could Force Residential Development

Over the course of roughly the next two decades, the greater Boston area will have to race to create a vast amount of additional housing in order to handle an increasing population. Citing a Metropolitan Area Planning Council report, the Boston Globe concluded that the greater Boston area will need roughly 435,000 more housing units by 2040 with the "retiring baby boomer generation" and an "influx of younger workers" choosing to post in the City and surrounding communities. According to the Globe, the study included two scenarios: a "Status Quo" and a "Stronger Region." The "Status Quo" projects Continue reading >>>

435000 added housing units needed in Boston area, report says

Greater Boston is going to require about 435,000 new housing units by the year 2040 to accommodate the retiring baby boomer generation, as well as a needed influx of younger workers, according to a report by a state planning agency. The dramatic need for housing comes from information developed by the Metropolitan Area Planning Council, an agency that works with 101 cities and towns in the area to gather employment and population data. “Two out of five workers in Greater Boston will be retired by the year 2030,” the agency said in a statement, “so the region must attract younger workers from Continue reading >>>

Trying to Keep the Circle Unbroken on Mission Hill’s Parker

It wants $1,479,999 for the 8-BR building as well as the 2,673-square-foot adjacent lot, which suggests development opportunities, no? The whole shebang last sold way back in August 1997 for $140,000. Interestingly enough, it was put on the market in February 2013 for $1,675,000, only to be taken off in June when its asking was $1,499,999. That means it has re-dropped for $20K less.
· Our Triple-Decker Thursday archive [Curbed Boston]

Why Greater Boston rents won’t ever go down

The good news is that builders took out permits for more than 12,000 new homes, condos and apartments across the state through the first ten months of 2013. About half were for single family homes, with other half for apartments and condos, U.S. Census Bureau stats show. That was a significant increase over 2012, when just under 8,200 new hosuing units were approved by cities and towns across Massachusetts. But here's the bad news. Those numbers represent residential construction across the entire state. And that is a far cry from the 15,000 to 20,000 new homes, apartments and condos Continue reading >>>

Isis, popular upscale business for parenting and pregnancy advice, closing

Isis, the upscale maternity and early parenting business for expectant mothers with classes on prenatal education, breastfeeding and sleep support, abruptly announced Tuesday night it is closing all of its locations in Greater Boston, as well as Atlanta and Dallas. “We are doing our very best — putting in 16 and 17 hour days to make sure we have a plan for as many clients as possible so their class experience doesn’t end even if it doesn’t take place [at an Isis center],” said Isis chief executive Heather Coughlin on Wednesday. “This is a tough environment for independent retailers. Continue reading >>>

The Greater Boston Chamber of Commerce outlines its advocacy agenda for 2014

The chamber added that it is also working to defeat two ballot initiatives, one that would repeal the indexing of the gas tax to inflation and another that would institute what the chamber calls government-mandated nurse staffing ratios in hospitals. According to the chamber, the nurse-staffing ballot question would drive up health care costs. “As we kick off the New Year, the chamber is focused on advancing a number of important policy issues that will strengthen our regional economy,” Paul Guzzi, the chamber’s president and chief executive, said in a statement. “Our 2014 agenda seeks Continue reading >>>

Somerville girls basketball enjoys return to GBL schedule

The co-defending Greater Boston League champion Somerville girls basketball team celebrated its return to league play Friday with a 56-32 victory over Malden.

Melissa Baptista led the Highlanders (2-4) with 22 points, 11 rebounds and two blocks. Ella Tyler added 14 points, six rebounds and four 3-pointers.

The Highlanders will host GBL rival Cambridge Friday at 7 p.m.

Dunkin’ Donuts Could Open 800 Locations in 2014 but Don’t Worry, They Won’t …

Step outside of the Boston and Greater Boston area, and suddenly the coffee-chain craze fades. In no other city, of course, can one find a Dunkin' Donuts on nearly every block, some within a mere donut hole's throw from the next. If anyone in this country runs on Dunkin', it's us. But that doesn't mean the Dunkin' Donuts parent company, Dunkin' Brands Group, Inc., which also owns Baskin Robbins, is resting on its soft, sugary laurels. The chain announced this week that they'll be opening up to 800 new locations in the United States, according to the Boston Globe, a considerable jump from Continue reading >>>

Hingham’s Tosca Raising Money for the Hungry

Tosca, in downtown Hingham, is among a growing list of local restaurants that will participate in the Super Hunger Brunch later this month, raising money to pay for meals for the hungry.The event, Jan. 25 and 26, is sponsored by The Greater Boston Food Bank. Nearly 20 restaurants have signed on so far, and diners can choose sweet and savory dishes from menus designed especially for Super Hunger Brunch weekend.Prices are set at $25, $35 and $50 per person and for every dollar spent, three nutritious meals will be provided to our neighbors in need.“We’re pleased to have so Continue reading >>>