A November 2012 Boston City Properties article reported 4.7 million square feet of office and laboratory construction, compared with 430,000 square feet in an earlier comparison. The brief did not specify the comparison’s exact period.
The account connected construction activity with biotechnology and medical businesses. It also reported that office vacancy had fallen by half over two years and that construction employment had lost 5,200 jobs during the year. Office and laboratory space were combined in the construction tally; the article did not show that new construction had already restored those jobs.
Historical account attributed to the original Boston City Properties article. Underlying records and later outcomes have not been freshly verified.
