BOSTON-Boston Properties reports an increase in third-quarter total revenue to $308 million as compared with $276 million for the same period last year. The uptick is attributed to a number of new developments by the locally based REIT.

WATERTOWN, MA-In accordance with an agreement between the town and Harvard University, the town council has approved the zoning change for the 30-acre Arsenal on the Charles allowing educational use on the property. Harvard will compensate the town for its loss in property taxes if it occupies the site.

BOSTON-City Mayor Thomas Menino's proposal to reinstate rent control has developers in this city up in arms. They insist that if it is enacted, the program could push developers to look elsewhere to build.

NATICK, MA-Chicago-based General Growth Properties wants to expand the Natick Mall to include a 300,000-sf former Wonder Bread factory. Town officials, anticipating the additional tax revenues, have agreed to consider rezoning the factory to allow the expansion.

WRENTHAM, MA-Roseland, NJ-based Chelsea Property Group submits plans for a 60,000-sf shopping center to be developed on its 16-acre parcel on Route 1A in front of the Wrentham Village Premium Outlets, a 170-store shopping complex it developed.

BOSTON-The Residences at Chestnut Hill secures financing for the second phase of its development. Developer CFK of Newton Development Co. LLC, closes on a $12-million construction loan to build 22 garden-style units that will sell range in price from $500,000 and $1.5 million.

KINGSTON, MA-An attempt to create a transit-oriented district, that would support mixed use development, for the 140-acre parcel that surrounds the train station in the center of the town is rejected for the second time this year at Town Meeting.

EASTON, MA-Roche Bros. is constructing a 46,000-sf supermarket on Route 138. The location will be the Roslindale-based chain's 15th in the state. A company representative tells GlobeSt.com that the increased competition in the area has prompted the company to become more aggressive in its growth strategy.