Boston

MEDFORD, MA-The Massachusetts Highway Department gives $12 million to the Telecom City project, a 200-acre, $750 million development located here and in Malden and Everett to improve its road infrastructure. Despite the current economic climate, the project is forging ahead.

LINCOLN, MA-An affordable-housing development on land near the Minute Man National Historic Park, which is owned by the state highway department, would increase the town's affordable-housing stock and make it less vulnerable to developers with comprehensive permits.

PEABODY, MA-A luxury apartment complex here, Terrace Estates, receives $22 million in permanent mortgage financing. Funding for the 521-unit complex, developed by The Terrace Realty Trust, was provided by Freddie Mac through Legg Mason Real Estate Services/Spectrum Financial.

CAMBRIDGE, MA-Amgen Inc. moves into an eight-story, 285,000-sf laboratory and research facility here in the heart of the city's biotech center. This is the company's first foray into the area.

ARLINGTON, MA-This town is taking a regional approach to development in the area by asking neighboring Belmont and Cambridge to join it in a tri-community development district. Similar districts have been established in other areas of eastern Massachusetts.

BOSTON-The Salvation Army seeks proposals from firms interested in redeveloping its state headquarters in the Back Bay area here. In doing so, the evangelical Protestant denomination joins other religious institutions looking to take advantage of the local real estate market.