boston condos and boston real estate


boston real estate blog    boston real estate blog
Boston real estate. Boston condos.




Wilkerson: “Don’t think we don’t remember”

Looks as though Columbus Center is not to be, much as I’d like it to be otherwise.

Perhaps I’m being unduly pessimistic, but I don’t see much chance that the Winn Companies will be able to pull it off, at least based on what you read in the press.

The latest news was that the developer was again looking for a public subsidy to fill a $40-million gap in construction costs.

From Banker & Tradesman:

On Friday, The Boston Globe reported that a spokesman for the development team said the developers and [State Representative Dianne] Wilkerson were discussing ways to “generate fresh public assistance.”

However:

“None of the meetings I’ve held with the developers since April have been about giving them more money,” she said. “We did not even discuss resurrecting the money that has been pulled off the table …”

She did remind the reporter of one important thing, though.

“There is simply no other project that will bring the kind of benefits that Columbus Center offers, including 2,300 jobs,” she said. “Without public funding we would never have built the Convention Center, the Hampton Inn in Roxbury and the Seaport Hotel. We helped the Patriots build Patriots Place to the tune of $300 million. Who are we kidding?”

True, that.

Source: Wilkerson Says She’s Not Seeking Public Funds for Stalled Project - By Thomas Grillo, Banker & Tradesman


Share and save:

  • Digg
  • del.icio.us
  • Facebook
  • Technorati
  • StumbleUpon

Read other posts about: new developments and projects

1 Star2 Stars3 Stars4 Stars5 Stars (Click to rate!)
Loading ... Loading ...

Leave a Reply »»

Comments may be moderated, edited or deleted; by leaving a comment, you are agreeing to the Terms of Service of this website.

Receive auto-emails of new comments without commenting.


Boston Real Estate/Boston Condos - Search MLS

Select property type:
Select area:
Select property size:
Price from:
Price to:
MLS #




Welcome

Are you considering the purchase or sale of a home in Boston?

Contact us today to discuss ways we can help make the experience easy and stress-free.






Real Estate Flyers


Home Security


Ford Realty Inc - Boston
Boston condos


Denver Real Estate

Household Moving Companies

Boston Real Estate


Recent comments