Will the new mayor offer concessions where Menino wouldn’t? Fenway Center is an aggressive project that bridges the Turnpike between Fenway and Kenmore. Over the years, projects like this have fallen short due to the cost of construction and the inability to secure appropriate financing.
According to The Boston Globe, the developer of Fenway Center is asking for a significant tax break for the new project:
In a last-ditch effort to save one of the city’s largest construction projects, developer John Rosenthal is asking Boston Mayor Martin J. Walsh’s administration for a $7.8 million tax break to help build a massive complex of buildings near Fenway Park…“John’s a good man and I know he’s been working on this project for a long time,” Walsh said in a recent interview with The Boston Globe. “We’re going to look at [his proposal] and do what’s best for the city.”
The full article is available to online subscribers of The Boston Globe.