Business
Lego is coming to Boston
Lego’s education office in Boston. Photo courtesy: The Lego Group
It’s official. The Lego Group plans to move its U.S. headquarters to Boston by 2026.
Catch up fast: Lego announced yesterday plans to find a space here and move more than one-quarter of its U.S. workforce.
The worst part of ski season: Logan
Dismay at Logan over the holidays. Photo: Joseph Prezioso/Getty Images
Logan turns into the worst major airport in the country when winter comes, according to Hopper. The travel agency ranked the airports that see the most flights delayed or canceled because of seasonal weather.
By the numbers: 14.2% of Logan flights are disrupted by winter weather between December and the end of February.
Inflation cools, but not Bostonians' heat bills
Illustration: Brendan Lynch/Axios
Inflation began to slow in Boston through the fall of 2022, but rising fuel costs will likely make this winter pricey for New Englanders.
Driving the news: Prices in the Boston area increased only 0.6% in October and November of last year, according to the Bureau of Labor Statistics.
Boston commercial vacancies at their highest in over a decade
Illustration: Sarah Grillo/Axios
An uncertain economy is fueling the highest commercial real estate vacancy rate in Boston in over a decade, according to several of the city's top brokers.
Driving the news: Commercial vacancies were over 15% in Boston and the asking price of rents fell 1.1% in the fourth quarter of 2022, brokerage firm JLL reported last week.
East End Books Boston open for the holidays in Seaport District
The store during its construction this summer. Photo courtesy of Jeff Peters
After months of anticipation, East End Books Boston opened its doors in the Seaport District at 11am Saturday.
What's happening: The bookstore, a Boston outpost for the Provincetown-based East End Books, is starting with a soft opening during the holidays before closing to complete the build-out, according to the company's email newsletter.
A Boston lab experiment in space
Illustration: Shoshana Gordon/Axios
An early-stage Boston biotech company is preparing to send a lab experiment to space in hopes of improving treatment for osteoarthritis and other diseases.
What's happening: Eascra Biotech, working with the University of Connecticut and Houston-based space infrastructure developer Axiom Space, plans to observe astronauts at the International Space Station as they develop the company's nanomaterials.
Energy supplier boosts Boston's electric-powered heating push
Vicinity Energy CEO Bill DiCroce, center left, speaks with Boston Mayor Michelle Wu, center right, as they head into the Kendall Square energy station. Photo: Steph Solis/Axios
The push to wean Boston's commercial buildings off fossil fuels reached another milestone this week.
What's happening: Boston-based energy supplier Vicinity Energy pushes steam through a century-old network of underground pipes beneath Boston and Cambridge to heat buildings across 70 million square feet.
Boston-based ezCater still eyeing 2023 IPO
ezCater CEO Stefania Mallett. Photo courtesy of ezCater
Boston-based ezCater, an online catering marketplace geared toward employers, is still planning on a 2023 IPO, CEO Stefania Mallett tells Axios.
Why it matters: ezCater, which launched in 2007, is a case study in pandemic-era pivots, rebounding from an 85% revenue drop in one week in March 2020 that led to massive layoffs.
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