The Shell station at the corner of Boylston and Ipswich streets is the latest piece of real estate to hit the sales block amid a wave of development remaking the neighborhood around the 1912 ballpark.
The Giannakopoulos family, which owns the station, has been testing the market – hoping to cash in on a heated competition for property around Fenway between the Red Sox and high-powered condo developers, real estate executives said.
Price tag? A world-series $10 million.
The neighborhood has become a hot-spot for development. The mixed-use 1330 Boylston project is under construction (condos, office space, and new headquarters for Fenway Community Health Center) and Trilogy (apartments) is now open, down the street.
Source: Fenway’s home run derby: Property owners swing for fences – By Scott Van Voorhis, The Boston Herald
Earlier: Fenway parking garage sold for $4 million
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