Is the skyscraper being city- or Commonwealth-funded in some way?
Not as far as I could tell from the article, but money is changing hands:
"Developer Hines closed this week on an $870 million construction loan from a British hedge fund, according to documents filed in Suffolk County . . . Dutch pension fund manager APG Asset Management and the New York private investment firm Dune Real Estate Partners. They and Hines are now pushing ahead, with local construction giant Suffolk signed on as general contractor and a construction loan from British hedge fund CIFF Investments LLP, according to documents filed Thursday in Suffolk County. They also closed on a deal to purchase the eight-acre site from the Boston Planning & Development Agency for $33.5 million."
I cannot imagine it will not be hugely disruptive, I don't care how it's designed. Sneezing on a butterfly in Boston causes the Green Line to derail.
no subject
Not as far as I could tell from the article, but money is changing hands:
"Developer Hines closed this week on an $870 million construction loan from a British hedge fund, according to documents filed in Suffolk County . . . Dutch pension fund manager APG Asset Management and the New York private investment firm Dune Real Estate Partners. They and Hines are now pushing ahead, with local construction giant Suffolk signed on as general contractor and a construction loan from British hedge fund CIFF Investments LLP, according to documents filed Thursday in Suffolk County. They also closed on a deal to purchase the eight-acre site from the Boston Planning & Development Agency for $33.5 million."
I cannot imagine it will not be hugely disruptive, I don't care how it's designed. Sneezing on a butterfly in Boston causes the Green Line to derail.