It’s no secret that Boston has been a magnet for new residents from across the world with its ever-expanding life science employment sector, world-class academic institutions, incredibly high quality-of-life opportunities, and history-soaked multiculturalism. A strong economy combined with a well-developed regional transportation system has led many people to settle in Boston’s suburbs, with dozens of historic perimeter towns and cities providing desirable urban settings without Boston’s cost.
Immediately west of the city, the suburbs of Newton and Needham have been attracting a range of development, from multifamily projects such as the Northland project to the development at Riverside Station, transforming the typically low-rise enclave. “We continue to explore opportunities to expand or enhance our portfolio in emerging submarkets,” says Mike Wilcox, SVP, Director of Leasing at Bulfinch. “A great example is the Needham-Newton area where we have seen a growing convergence of … [ FULL ARTICLE ]