Bussiness

Boston businesses excited for Celtics’ and Bruins’ playoff runs

When it comes to economic impact from Boston sports, April quite literally got off to a running start with the Boston Marathon. With the Bruins and Celtics set to start the playoffs this weekend at TD Garden, excitement and business...

The first apartments at Suffolk Downs can now be rented

The HYM Investment Group and its partners have kicked off pre-leasing at Amaya, the first building scheduled to open at their massive Suffolk Downs redevelopment in Revere and East Boston. The first residents won’t move in until June, but prospective...

Mass General Gets OK to Add Nearly 100 Beds

Massachusetts General Hospital won state approval Wednesday to add 94 beds. The Massachusetts Public Health Council unanimously voted to allow for the expansion. The proposal had previously been shot down in 2022 over concerns about rising healthcare costs. In January, the Business...

Granite Receives Prestigious Boston Business Journal Corporate Ally Award for Commitment to LGBT Solidarity

Earning accolades for inclusivity, the company continues to lead with pioneering LGBTQIA+ initiatives QUINCY, Mass., April 17, 2024 /PRNewswire-PRWeb/ -- Granite Telecommunications, a leading $1.85 billion provider of communications...

Massachusetts cannabis equity businesses get state money after years of waiting

Cannabis social equity businesses are finally set to see an infusion of state money after years of waiting. The Healey-Driscoll administration announced Tuesday that 50 grants, ranging from $20,000 to $50,000, have been distributed to Massachusetts cannabis businesses through the Cannabis...

The grant program that’s bringing diversity to Boston’s storefronts

Becoming an entrepreneur is hard enough. How about paying Boston lease prices? That’s another challenge entirely. Despite how costly a storefront can be, the city of Boston offers grant program aims to bring back commercial storefront activity in areas affected...

Largest office-to-housing proposal downtown wins BPDA approval

The Boston Planning and Development Agency board on Thursday approved the largest office-to-residential conversion to date in the city’s program to incentivize the creation of more housing downtown and in surrounding neighborhoods. KS Partners got the go-ahead to convert the...

Boston-based Vertex makes $4.9B acquisition, largest in its history

Vertex Pharmaceuticals Inc. has agreed to buy a Seattle-based biotech developing a drug to treat kidney disease for $4.9 billion, the biggest acquisition in the Boston company’s history. The drug giant said on Wednesday after the close of markets that...

NY firm buys Back Bay Hilton hotel

The New York-based investment firm Certares and a partner are acquiring the 390-room Hilton Boston Back Bay from Ashford Hospitality Trust Inc. for $171 million, it announced Tuesday. Dallas-based Ashford had revealed in late February that it had an agreement...

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