From the Boston Globe:
Massachusetts Port Authority officials are scheduled to give East Boston residents an update tonight on the troubled East Pier residential and retail project, which got underway this year on the waterfront. Roseland Property Co. and its partner, Lennar Urban Northeast, planned a seven-building, $275 million, 550-unit luxury condo and apartment complex for a 13-acre site at Pier One, but high construction costs and a spotty residential market have caused the developers to reevaluate their options, said Lowell L. Richards III, chief development officer for Massport.
… developing …
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