The 10 unbuilt blocks of Seaport Square are about to undergo a newly sweetened vote by the Boston Planning and Development Agency (BPDA), according to a Boston Globe report. The developer, WS Development, has recently pledged a $7.5 million endowment to operate the project's theaters and another $3 million toward rebuilding the Northern Avenue Bridge and upkeep for Fort Point Channel's Martin's Park.In addition, WS Development has committed to investing in improving streets and public transportation in the area.
Seaport Square is an extraordinary project that will transform the entire South Boston Waterfront, said WS senior vice president Yanni Tsipis. With this great opportunity comes a responsibility to make major investments in the performing arts, public infrastructure, and parks.
Read the Boston Globe's Seaport Developer Offers Money for Arts, Park Ahead of Key Boston Vote.Doyou have questions about buying or selling Boston real estate?Please call me at617-584-9790, or email me by clicking the blue button below. I am always ready to help.
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