Bayside Expo developers buy
Santander site for $110M
This is an interesting
development over by UMass-Boston. From Jennifer Smith at the Dorchester
Reporter: “The developers of the former Bayside Expo Center site are
expanding their footprint around Columbia Point. Accordia Partners and Ares
Capital closed on the 2 Morrissey Blvd. property, currently home to a
Santander Bank, on Monday. … According to Suffolk Registry of Deeds
records, the new owners of 2 Morrissey paid $110,000,000 for the parcels,
which include five buildings and a total of 425,000 rentable square feet.” Speaking
of developments, Tim Logan at the Globe has an update on the
planned redevelopment of the Suffolk Downs racetrack – and how residents
and developers don’t exactly see eye to eye on what can and should be built
at the site after the racetrack officially closes this summer.
T rejects Walsh’s call for fare
hike freeze in wake of derailment
Mayor Marty Walsh was on the Twitter warpath yesterday, demanding that
the T put off a planned fare hike next month until train service is fully
restored after last week’s Red Line derailment, reports the Globe’s Matt Stout and the Herald’s Sean Philip Cotter. Transit officials have
rejected the demand.
Walsh has also called for the
city to have greater say in T operations – and this one could get
interesting on Beacon Hill over coming months with the current oversight
board’s term set to expire next year.
Btw: Bruce Mohl at CommonWealth magazine reports
how the T is now focusing on the train itself as the possible cause of the
Rail Line derailment. Meanwhile, from SHNS’s Chris Lisinski (pay wall): “MBTA
also launching systemwide safety review.” Finally, from the Globe’s Joan Vennochi: “Wanted for the T:
more urgency and empathy from Baker.”
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