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The Boston Real Estate BlogI am an independent real estate broker, focused on the residential real estate market in downtown Boston. |
Parcel 7 goes out for bid - Rosenthal to buy?
Parcel 7 is a space above the Mass Pike that is being sold by the Turnpike Authority for development.
John Rosenthal, local developer and anti-gun activist, had been promoted by the city as the best person to buy it and develop it, into a mixture of office and residential space.
The Turnpike Authority has instead decided to put the parcel out for bid. Sounds good - it should go to the highest bidder, not gifted to someone just because people like him.
Still, I hope Mr. Rosenthal wins the right to develop the space (and, I mean space, as in air space).
The neighborhood should be behind this, 100% - it's in an area where everything else is either a parking lot, a BU building, a bar, or a ball park. It's "dreary".
No one should complain that someone is asking to build something there.
Even if the selected developer chooses to build a parking garage on Parcel 7, there will be more than enough room to build office and residential space on Parels 8, 9, and 10.
More: Fenway’s new frontier: Pike to sell rights to build over road - By Scott Van Voorhis, The Boston Herald
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