Tag: foundry row
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Foundry Row Is Running Out of Lab Space, and Biotech Firms Are Feeling It
Wet-lab vacancy in Foundry Row has fallen below 4 percent, a shortage that biotech executives say is already complicating expansion plans and pushing some companies to consider sites outside Bellwater.
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Foundry District Lofts Phase Two Groundbreaking Draws Criticism From Plaintiffs
Millrace Development Partners broke ground on a 74-unit second phase of the Foundry District Lofts while a lawsuit over the first phase’s affordable-unit shortfall remains unresolved in court.
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Manufacturers and Biotech Firms Sign On to a New Addiction Referral Pipeline
Three Foundry Row employers have formalized a referral partnership with Wayfinder Recovery Services, giving managers a direct path to get employees into treatment rather than losing them.
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Millrace Development Partners’ Next Foundry Row Project Draws Early Scrutiny
Millrace Development Partners has proposed a second Foundry Row apartment project, but city council members say they will demand much stricter affordable-housing terms this time.
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Forge Bellwater Incubator Adds Second Floor as Demand for Space Grows
Forge Bellwater is adding a second floor of space at its Foundry Row incubator, nearly doubling its footprint after a year-long waiting list for bench space.
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Another Foundry Row Warehouse Set for Loft Conversion
Redline Property Group wants to convert a former Anvil Street casting plant into 86 Foundry Row apartments, pledging a bigger affordable-unit share than the one now in dispute at the nearby Foundry District Lofts.
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Boudreaux Pitches Dedicated Reinvestment Fund for Lowertown
Council Member Terrence Boudreaux wants to create a dedicated Lowertown reinvestment fund capturing rising Foundry Row property values, arguing the neighborhood deserves a guaranteed share of growth happening next door.
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Forge Bellwater Wins State Grant to Expand Green-Energy Startup Support
Forge Bellwater will use a $1.8 million state grant to launch a dedicated green-energy startup track, an effort to diversify a Foundry Row startup scene that has leaned heavily on biotech.
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Three New Restaurants Open Within Blocks of Each Other in Foundry Row
Three restaurants opened within blocks of each other in Foundry Row this month, as commercial rents on the block climbed roughly 40 percent amid the neighborhood’s biotech-driven growth.
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Judge Grants Injunction Against Millrace in Foundry Lofts Dispute
A Wentworth County judge has ordered a halt to new market-rate leasing at the Foundry District Lofts until Millrace Development Partners submits a revised affordable-housing plan.