Posts tagged "Developers"

Connolly Wants Developers to Get Fast Track For Schools

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John Connolly, candidate for Boston mayor, with supporters before the 20th annual Corrib Classic 5K Road Race on June 2, 2013.

 

Boston At-Large City Councilor and mayoral John Connolly proposed allowing a fast track permitting process for large developers, if they agree to build a school or fund any of the $ 1.8 billion in construction projects identified as needed for Boston Public Schools.

“We look at large school development projects and offer an option to developers to give them a fast-track permitting process. Keep it to six months, and still do the full-robust process, but get it done in six months – in exchange for building a new school or the adoption of a major school project,” said Connolly during the Boston City Council’s Wednesday meeting. He added that projects would still get rejected, and those developers would not have to build a school or adopt a project.

Through recent budget hearings, Connolly said that Boston Public School (BPS) long-term facilities plan “is in development”, and that $ 1.8 billion in new construction needs have been identified, as well as $ 640 million in needed renovations and repairs, and $ 500 million in deferred maintenance costs. read more

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Posted by Massachusetts Legal Resources - June 6, 2013 at 9:41 pm

Categories: Arrests   Tags: , , , , ,

Developers Win Air Parcel Rights to Build 32-Story Tower

 

Samuels & Associations and Weiner Ventures won the rights to build a 32-story hotel, apartment and retail complex near the Hynes Convention Center stop in the Back Bay.

The state Department of Transportation announced Monday that it awarded the air rights parcels above and along Interstate 90 at the intersection of Boylston Street and Massachusetts Avenue for a mixed-use tower. The 99-year lease agreement is valued at $ 18.5 million in rent for the two parcels.

In one spot, the developers will build a 400-foot high-rise hotel and residential building, which will be set back from Boylston Street with a low-rise retail building along the street. 

In the other, they will construct a mid-rise residential building on Boylston Street and a two-floor retail building that will cross the Turnpike along Massachusetts Avenue.  

Altogether, the $ 360 million project will create a total of 230 residential units, a 270-room hotel, and 50,000 square feet of retail space. read more

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Posted by Massachusetts Legal Resources - March 6, 2013 at 4:03 pm

Categories: Arrests   Tags: , , , , ,