Going up: Development around Boston

Boston's office vacancy rate fell for the first time since 2019, according to a new report, meaning there are more tenants in offices now than at any point since the pandemic.

• The Q3 report from JLL's Boston suggests office-to-residential conversion, pre-leasing deals and tenant expansions have boosted the office market.
• Boston showed a 10.3% increase in the share of workers returning to the office, the most of any major American market, according to Placer.ai.

Meanwhile, Amazon says it won't move into its new office tower in the Seaport until 2027.

• Construction is underway, but some are worried the retail giant won't end up occupying the 630,000 square feet of space on Wharf Road.
• Amazon signed on to the lease before the company delayed its plans for a huge new headquarters in Virginia and cut its office-space footprint company-wide.

A new six-story apartment building could rise in Dorchester's Upham's Corner neighborhood.

• The Zoning board of Appeals approved a plan to replace two one-story buildings at Dudley and Virginia streets with a new 48-unit building.