Massachusetts bet $1 billion on life sciences: Its new governor is rethinking that strategy


By REBECCA ROBBINS, STAT Massachusetts officials are holding up tens of millions of dollars in funding for infrastructure projects aimed at boosting the booming life sciences sector in the state. The state has doled out an average of more than $50 million annually over the past seven years to support projects like a powerful next-generation microscope at the University […]

Governor Baker may seek new funds for vocational education


By David Scharfenberg, Globe staff State Education Secretary Jim Peyser suggested Tuesday that the Baker administration will seek new state funding for vocational education. “We’re certainly planning on investing new resources,” Peyser told reporters, after joining Governor Charlie Baker and two other Cabinet secretaries for a job training announcement at online retailer Amazon’s Kendall Square […]

Westford aces economics


By Melissa Hanson, When it comes to economic development, Westford has one of the strongest municipalities in the state, according to an analysis of economic growth and opportunity completed through Northeastern University, with a multitude of strengths and its main weakness in the timeliness of town approvals. The Economic Development Self-Assessment Tool, from the […]

Development costs cripple both builders and buyers


By Jennifer Smith, Dorchester Reporter Staff As the already-high cost of development in Boston continues to rise, it is threatening to eclipse the possibility of a stable Greater Boston housing market, according to the Boston Foundation’s 2015 report card, which was released last Friday. Unless the city becomes more welcoming to higher-density building, housing in the […]

Soaring Boston construction costs holding back middle-class housing development

Construction Dive

By Kim Slowey Dive Brief: The Boston Foundation’s Greater Boston Housing Report Card for 2015 found that, although Boston is enjoying a luxury housing boom, area construction costs are too high to make building middle class housing feasible, WBUR reported. Despite a median household income of $58,000 in Boston, the report said it takes an income of […]

Olympic legacy, in 3 boxes


By Shirley Leung, The Boston Globe  If you want to know more about the good, the bad, or the ugly about Boston 2024, seek out Northeastern University economist Barry Bluestone. A few weeks before Boston pulled the plug in July on its improbable bid to host the Summer Games, Bluestone was named the co-chair of Boston 2024’s Legacy Committee. As such, he […]

Like ‘Friends’ without the hallway


Long-term adult roommates are Boston’s future — and the city needs to plan for it By Mike Ross Much of Boston’s existing housing stock was built for a very different time — a city filled with families, with more than half of the adults married. Children made up approximately one-third of the population, and households […]

Report: Construction Costs Make It Prohibitive To Build Middle Class Housing Around Boston


By Simón Rios, WBUR While Boston experiences a boom in luxury housing, construction costs have made it prohibitive to build housing for the middle class. That’s according to The Boston Foundation, which released its Greater Boston Housing Report Card for 2015 Friday. In most parts of the country, rising demand for housing results in increased production. […]

How $15 minimum wage fight became a juggernaut in three years


By Henry Gass, The Christian Science Monitor  Three years ago this month about 200 fast-food workers in New York City walked off the job in protest of low wages and poor working conditions. The New York Times described the protest as “by far the largest series of job actions at fast-food restaurants ever” and “part of an […]

Land costs, labor drive Boston-area housing prices out of control


By Tim Logan, Globe staff Boston will be stuck in an endless housing crunch, despite adding tens of thousands of new residences in the past few years, unless it finds a way to curb the rapidly increasing cost of building here, a Boston Foundation report to be released Friday finds. The study found that surging land […]

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