Credit: The Boston Globe
Are you in favor or opposed of tax relief for construction projects? A Boston Globe editorial addressed the issue of added tax relief for construction projects, noting “the developer of Boston’s ambitious Fenway Center development is seeking $7.8 million in city tax breaks to proceed with construction, saying the $500 million mega-project could fall apart without urgent public assistance.”
The full Globe article, available here, further explores the issue.
Rendering of the mixed-use Fenway Center Project; image courtesy of The Boston Globe
The view from the Turnpike heading into Boston has cleared its final hurdle. Fenway Center, the vision of Jon Rosenthal will become a reality with construction expected to commence in 2014.
The Boston Globe reports, “State Department of Transportation directors approved a lease covering 4.5 acres of land and air rights over the Massachusetts Turnpike, a key agreement for the development.”
The full article is available on The Boston Globe website