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September 26, 2023

Saga Of Boston Music Studio Space A Symbol Of Pressure Lab Expansion Puts On Neighborhoods

Join Erin McCabe, VP For Facilities At Berklee College Of Music, As She Discusses Revitalizing & Upgrading Campus Spaces Nov. 14

Boston’s Sound Museum, a rehearsal space for bands and a longtime incubator of the city’s music scene, has hosted local bands and drop-ins from legends like B.B. King and David Bowie. 

Soon, the space at 155 North Beacon St. will be an incubator of a different type, as it is slated to become a lab building. It was shuttered at the end of February after a biotech firm that bought the space in 2021 announced plans to demolish and build ground-up lab space. 

It is one of many such operations struggling in the face of increased development. Nearby music club Great Scott closed in 2020, a signal of the end of a region dubbed Allston Rock City.

When the Sound Museum first opened in the early 1980s in the city’s South End, run by Katherine Desmond and her husband, Bill “Des” Desmond, it wasn’t facing the pressure of expanding labs and a startup scene that would turn the Boston region into the nation’s center of life sciences. 

But over the next few decades, the operation would hopscotch between multiple facilities and neighborhoods, including Cambridge. These areas, like Kenmore Square and Somerville, have become centers of lab space development. 

Saga Of Boston Music Studio Space A Symbol Of Pressure Lab Expansion Puts On Neighborhoods

In the unique saga of the Sound Museum, numerous threads of Boston real estate, culture and development come together. San Diego-based developer IQHQ’s $50M purchase of the 150K SF warehouse building that housed the studio rental company was the catalyst for the unfolding drama.The project and its fallout are representative of…

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This Week's Boston Deal Sheet

The Massachusetts Port Authority Board of Directors voted on a development team to bring the first fully income-restricted apartment development to the Seaport.

This Week's Boston Deal Sheet

On Thursday, it selected The Community Builders to build a 15-story tower on D Street totaling 224K SF with 15K SF of ground-floor retail and a childcare facility, according to Massport's press release. The team behind the $170M project also includes The Menkiti Group, Sinclair Real Estate Group and Ionic Development…

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A Tale Of 2 Cities: Growth In Smaller Metros Can Look Very Different On The Ground

PRESENTED BY:   NAI Global
 
A Tale Of 2 Cities: Growth In Smaller Metros Can Look Very Different On The Ground  

Small and midsized cities have seen a burst of investment and growth during the pandemic as people who could now work from home seized the opportunity to leave big cities for areas with lower costs of living. Developers and investors took notice of the exodus, and they turned their focus to…

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If You Need 100 Car Chargers Right Now, You’re Already Behind The EV Revolution

If You Need 100 Car Chargers Right Now, You’re Already Behind The EV Revolution  

The rising popularity of electric vehicles is catching some developers and property owners by surprise.

For Paul Williams, the founder and president of Greenspeed Energy Solutions, it has created an opportunity. He recently got a call from a multifamily developer looking to install his company's EV chargers at their property. 

“They had only a couple of chargers in a new build, and nine out of the first 10 tenants who were applying drove EVs, and they only had four ports,” Williams said. “He was in a panic to start filling in the blanks.” 

As electric vehicles become commonplace, developers in South Florida are quickly trying to adapt while owners of existing properties are grasping for solutions to meet demand, creating a wave of challenges for new developments and existing projects alike.

“The demand is definitely there,” said Daniel Catalfumo, CEO of the development, construction and management firm Catalfumo Cos. “If you don't plan way into the future, before you start building, you can’t just call up and say, ‘I need to add 100 car chargers.’”  Existing buildings were designed with specific…

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