Urban Spaces Signs First Lease at New East Cambridge Mixed-Use Development

May 20, 2019  The Real Reporter

Cambridge, MA Urban Spaces, the Cambridge-based real estate development company has signed pet supply retailer, Loyal Companion to a 4,000 SF lease at 95 First Street in East Cambridge. The store is the first retail tenant signed to the First Street Corridor, a $275 million mixed-use project designed to reinvigorate the neighborhood that connects Lechmere Station and Kendall Square.

Loyal Companion will be meeting the demand for pet supplies and services after by the closing of Petco, which decided to not renew their lease at 119 First Street following passage by the Cambridge City Council of an ordinance prohibiting the retail sale of commercially bred animals. Loyal Companion offers high-quality food and supplies, as well as on-premise grooming, training, daycare, and self-wash…

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Loyal Companion pet store signs the first lease in First Street Corridor retail, filling Petco void

May 22, 2019  Cambridge Day

Cambridge, MA The developer remaking First Street has signed a lease with a pet store – essentially replacing a Petco that closed in January 2018.

Loyal Companion, a pet food and supply store, has signed a 4,000-square-foot lease at 95 First St., East Cambridge, becoming the the first retail tenant known to be coming to the $275 million “First Street Corridor,” a mixed-use project connecting Lechmere Station and Kendall Square, Cambridge-based developer Urban Spaces said Tuesday.

The retail space is expected to be ready for occupancy by the spring, Urban Spaces said…

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Multifamily Panel Examines Changing Development Landscape: Unit Sizes Shrinking, Amenities Increasing in Urban Markets

April 17, 2019 Boston Real Estate Times

Waltham, MA There is a sea change underway in the world of multifamily development, as increasing land and construction costs and a heightened focus on amenities are impacting the way that developers are building and repositioning properties.

Earlier this month, the Boston Real Estate Times assembled a panel of prominent developers for the Boston Multifamily Growth & Development Summit to provide insight into how they are responding to the changing landscape. Held at the Westin Hotel in Waltham, MA the panel was moderated by Real Estate Times publisher, Upendra Mishra, and included Paul Ognibene, CEO of Urban Spaces, Shannon Earley, regional manager of Princeton Properties, and Richard Robinson, VP of acquisitions at John M. Corcoran & Company…

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Latest demolition along ‘First Street Corridor’ highlights massive East Cambridge changes

March 26, 2019 Cambridge Day

Cambridge, MA The developer Urban Spaces tore down its own former headquarters Monday to make room for its latest project along First Street in East Cambridge – a 136-unit, two-building apartment complex with 14,800 square feet of retail at its base.

The project, called Kendall East, is set to begin construction in April and be ready for renters in 2020 on parcels at 99-119 First St., 18 Hurley St. and 29 Charles St. The First Street location was a Petco and its parking lot, but now will be pet-friendly apartments, according to Urban Spaces. The two buildings will share a two-level underground garage with 142 parking and 159 bicycle spaces beneath a half-acre green space; another 23 surface parking spaces will be used for whatever retail moves in…

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Two new luxury apartment buildings are coming to Kendall Square

March 28, 2019 Boston.com

Cambridge, MA Cambridge-based developer Urban Spaces has a two-building luxury apartment complex in the works for Kendall Square.

The company is planning to start demolition work in early April at a site across from the CambridgeSide mall, including properties at 99-119 First St., 18 Hurley St., and 29 Charles St…

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Developer Set to Begin East Cambridge Residential Project

March 25, 2019 Banker and Tradesman

Cambridge, MA After attracting CarGurus as a tenant for a 50,000-square-foot speculative office building, Cambridge developer Urban Spaces is moving ahead with a 136-unit apartment complex in rapidly changing East Cambridge.

Known as Kendall East, the complex across from the Cambridgeside mall will begin next week with demolition of the existing connected office and retail buildings, which formerly were occupied by Petco and Urban Spaces’ headquarters. Construction will begin in April on the site which is bounded by First, Hurley and Charles street…

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Urban Spaces Set to Break Ground on Kendall East Mixed-Use Complex

March 26, 2019 The Real Reporter

Cambridge, MA Urban Spaces, the Cambridge-based commercial real estate
development company will begin demolition next week on its former headquarters to
make way for Kendall East, a mixed-use apartment complex comprised of 136 units
and 14,800 square feet of retail. The site, which encompasses 99-119 First Street, 18
Hurley Street, and 29 Charles Street, is located across from CambridgeSide, a mixeduse
one million square foot shopping center, located within a short walking distance
to Kendall Square, Lechmere Station, and Cambridge Crossing.

Designed by award-winning architectural firm Perkins Eastman, Kendall East is set to
begin demolition next week and begin construction of the new buildings in April…

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Urban Spaces Secures $44M in Financing for Cambridge Office Via People’s United Bank

December 12, 2018 The Real Reporter

Cambridge, MA After attracting CarGurus as a tenant for a 50,000-square-foot speculative office building, Cambridge developer Urban Spaces is moving ahead with a 136-unit apartment complex in rapidly changing East Cambridge.

Known as Kendall East, the complex across from the Cambridgeside mall will begin next week with demolition of the existing connected office and retail buildings, which formerly were occupied by Petco and Urban Spaces’ headquarters…

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Urban Spaces and Nauset Construction begin $20 million 121 First St. development – JLL is the exclusive leasing agent

October 06, 2017  New England Real Estate Journal

Cambridge, MA Urban Spaces is underway with its newest development, 121 First St., in Kendall Sq. The speculative 62,100 s/f, $20 million mixed-use development is being built by Needham-based Nauset Construction. The building will feature 48,500 s/f of class A office space and 10,000 s/f of retail space in one of the nation’s hottest real estate markets. JLL is the exclusive leasing agent for Urban Spaces. A summer 2018 completion is anticipated…..

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It’s not a dorm, but school rules apply

September 05, 2016  The Boston Globe

By Tim Logan

The new six-story building on Commonwealth Avenue wasn’t built to be a dorm. But during the last week, 180 Boston University students have moved in. The arrangement is part of a two-year deal BU made with the building’s developer to lease out the space as student housing. It’ll be like…

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Cambridge’s newest condo building moved to town from Maine 

November 11, 2016  The Boston Globe

Located next to the Porter Square stop on the MBTA Red Line, the project includes 20 residential units with off-street parking and 5,000 sf of prime retail space.

By Tim Logan The new condominium building in Porter Square looks a lot like many other new condo buildings: Three floors of units above retail storefronts. And the prices — starting at $600,000 for a one-bedroom — are pretty typical for new construction in Cambridge. But…
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