Quantcast Delaware North Gets Busy?
Search by tag or site Login to my blogStart my own blog















TheMoneyBlogs
Home
About
Create your own blog
Contact us
Vote for this blog!

The Boston Real Estate Blog

I am an independent real estate broker, focused on the residential real estate market in downtown Boston.

Delaware North Gets Busy?

Posted on 05/21/2007 07:28:20 | Link | Post Comment

Buried in a story on the Bruins, today, is a bit of news about the nascent Nashua Street Residences project.

This high-rise multi-use development is proposed for the area behind the new Garden.

Delaware North owns the property.

... According to Charlie Jacobs, the Bruins executive vice president, his father's Delaware North Companies soon hopes to finalize plans with a co-developer to construct a 37-story hotel/residential tower on the adjacent Nashua Street parcel &8212; often referred to as the lot "behind" the Garden.

The building, said Jacobs, would house a hotel and residential condos, with the first five floors dedicated to a parking garage. The "lobby" of the building would line up approximately with the roof line of the Garden. The single-tower project also would include ample convention and banquet space.

I wonder if Delaware North will ever commence construction. The project has been delayed because the developer couldn't get the numbers to work, as far as I know. They were afraid to put shovels into the ground due to the stagnant high-end real estate market. Filling 37-stories (minus parking and hotel) would require a heart of steel by any developer in any city.

Complete story: Garden Growth Expected (second story) - By Kevin Paul Dupont, The Boston Globe

More posts about: 
Stock Quote or
Examples
Morpheus Trading - Tue Sep 02, 2008 05:21AM
NOTE: Please click on the charts below to enlarge them [read more]
Morpheus Trading - Thu Sep 04, 2008 04:34AM
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Wed Sep 03, 2008 04:35AM
NOTE: Please click on the charts below to enlarge them [read more]

PREMIER SPONSORED LINKS

Most Visited Blogs | Most Popular Blogs | Most Recent Blogs | Contact Us | Terms and conditions | Privacy Policy

The columns, articles, message board posts and any other features provided on TheMoneyBlogs.com are provided for personal finance, education and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of TheMoneyBlogs.com and there is no implied endorsement by TheMoneyBlogs.com of any advice or trading strategy. The analysts and employees or affiliates of TheMoneyBlogs.com may hold positions in the stocks or industries discussed here. Your use of this and all information contained on TheMoneyBlogs.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

Copyright © 2008 The Connors Group, Inc.