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BPDA Approves Charlestown Mixed-Use Project 

The Boston Planning and Development Agency has approved a significant development project in Charlestown, including six buildings along the Mystic River and two large lab buildings in Sullivan Square, Boston Business Journal reported.  

The Flatley Co. won approval for 1.8 million square feet of mixed-use development on Medford Street, including three office-and-lab buildings and at least 500 residential units. The project would open up the Mystic’s banks to the public through a new five-acre park, as well as create a nearly half-mile-long barrier meant to prevent flooding. 

The Fallon Co. and a partner, The Owens Co., similarly got the go-ahead on their plan to build more than 800,000 square feet of lab and office space across two buildings at 66 Cambridge St., on land that has been home to parking lots and rail infrastructure. Construction is expected to begin in 2026 and take 10 to 15 years. 

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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