Thursday, May 2, 2013
The developers will break ground on the final building in phase I.
U.S. Senator William Cowan was scheduled to be in Somerville Thursday to help Federal Realty Investment Trust, the developers of Assembly Row, break ground on the final building in phase I of their Assembly Square project. Phase I of the development will consist of 450 residential units, 100,000 square feet of office space, retail space, an AMC movie theatre and restaurants including Burger Dive, Starbucks, Legal C and Papagayo Kitchen & Tequila Bar, according to Jennifer Manley, who handles public relations for Assembly Row Manley said developers will begin advertising the residential units in Assembly Row's phase I this summer, and a redesigned riverfront park along the Mystic River is also expected to open this summer. A press release …
Thursday, March 28, 2013
Fred Berman asks the Somerville Board of Aldermen to fight for more lucrative development at an Assembly Square parcel.
Thursday, March 28
Fred Berman, a former Board of Aldermen candidate who's been involved in Assembly Square development issues, sent the following letter to the Somerville Board of Aldermen. The letter asks the aldermen to reject a zoning amendment for the former IKEA site in Assembly Square. Berman argues the amendment could lead to a big-box supermarket that isn't in the best interest of the city. He provided the letter to Somerville Patch. Here it is: Dear Members of the Board of Aldermen, On Tuesday, April 2, the Land Use Committee will be voting on a zoning proposal to allow a ground floor supermarket to exceed the 50,000 square foot cap that was put in place to preclude more big box development at Assembly Square. The proposed zoning amendment would …
Tuesday, December 11, 2012
Federal Realty Investment Trust and IKEA have signed a purchase and sale agreement on 12 acres of land in Assembly Square, the developers announced.
Federal Realty Investment Trust, the developers of Assembly Row, have agreed to purchase the 12 acres of land in Assembly Square owned by IKEA, and they plan to build a supermarket there along with office and residential space, according to an announcement from Federal Realty Investment Trust. Although Assembly Row's developers and IKEA have signed an agreement, the deal will be not become final until after Federal Realty Investment Trust conducts due dilligence on the site and its development potential, a process that could take months, the announcement says. The sale price was not disclosed according to the announcement and the Boston Globe. The IKEA parcel will add land to Assembly Row's $1.5 billion development in Assembly Square, …
Friday, January 13, 2012
The movie complex will have 12 screens, a bar and lounge area, and an IMAX auditorium, according to the developers of Assembly Row.
Somerville is getting a new, state-of-the-art movie complex. Federal Realty Investment Trust, the company that's developing Assembly Square, has signed a lease with AMC Theatres to open a 12-screen movie complex in Assembly Row, according to an announcement from the real estate company. AMC is the first major tenant announced for the development. The movie complex will include digital projection, plush seating, premium sound, an IMAX auditorium and a MacGuffins bar and lounge area, the announcement says. It will be part of a broader mixed-use development planned at Assembly Row that includes 2100 residential units, a 200-room hotel, 880,000 square feet of retail space, 1.75 million square feet of office and lab space and a new Orange Line …
Thursday, October 6, 2011
The state awarded a $29 million contract to a Lowell firm to construct the station.
The new Orange Line MBTA stop at Assembly Square is expected to open in 2014, and the state has awarded the construction contract to the Lowell firm S&R Construction Co., Inc., according to a press release from the city of Somerville. Construction on the new station—the first new MBTA rapid transit station to be built since 1987, when several stations on the Orange Line in Roxbury and Jamaica Plain opened—will begin this fall. The construction contract, awarded by the Massachusetts Department of Transportation, is worth $29,229,184, according to the press release. The Assembly Square Orange Line station will be Somerville's second MBTA station (currently, Somerville's only station is the Davis Square station on the Red Line). It will be …