Campus construction boom | Tourist trap or cash cow? | Q3 reports
Boston Business Journal
The Boston region's source for local business news & events. Part of the American City Business Journals network.
Welcome to the BBJ's LinkedIn Weekly Edition! This is Digital Editor Jess Aloe bringing you the week's biggest business news.
Campus construction boom
Demand for many types of construction has waned in the past few years. An about-face in the life science sector has slowed the Boston area’s lab boom. Changing work patterns everywhere have dented demand for new office space. And high interest rates have made it difficult to get even much-needed new residential projects off the ground.
But when it comes to colleges, they’re continuing to break ground as they look to long-term needs.
Grant Welker rounded up the major projects going up on Bay State college campuses—including some that will transform the campus. Take a look.
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The healthcare industry — a critical part of the regional economy — has been facing a talent workforce crisis for several years. Join the Boston Business Journal for an important conversation on the critical issue of the workforce in healthcare on Tuesday, Oct. 29 at the Westin Copley Place. Register here .
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Here's what else happened this week
Cannabis headwinds
The rate at which cannabis businesses are surrendering licenses has picked up rapidly in the past year as the industry faces economic and regulatory headwinds. Isabel Hart took a deep dive into the numbers. Read more here .
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Cash cow or tourist trap?
The Salem Witch Museum has won some dubious honors, like coming in second on USA Today's list of biggest tourist traps. But the museum keeps getting busier and busier. Get the details.
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Q3 earnings
Boston's biggest public companies are reporting their third-quarter financial performance. Some highlights: GE Vernova is coming off a tough summer. Keurig Dr Pepper Inc. is boosting its energy-drink portfolio. Boston Scientific is pausing a test of its atrial fibrillation device, and The Boston Beer Company is shaking up its Truly marketing.
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Peek inside Locus Robotics
Locus Robotics opened its new HQ north of Boston, and Lucia Maffei went to get a look inside. Take a tour here.