In a speech this morning, Mayor Menino annouced his plans to again try to sell City Hall and City Hall Plaza to private developers. The sale of this under-developed land would provide more than enough proceeds to fund the development of a iconic new City Hall on Drydock Four in the new and up-and-coming “Seaport […]
One of Boston’s landmarks will be changing it’s name come January. The Tata Group’s Taj Hotels acquired the 79 year old Ritz Carlton for $170 million. This is the oldest Ritz-Carlton hotel in the world.
Other than the name, not much else will change. The hotel recently went under a $50 million renovation in 2003.
My Thoughts: It’s […]
They Mayor’s challenge to local and world-wide developers to design a building which will symbolize “this city’s greatness” was met with only one proposal and it came from a local!
Steven Belkin submitted a proposal for a 75-story, 1.3 million square foot office tower with some unique features. The entire building will be elevated three stories […]
How much would you pay to see your name in lights? Well, Citibank thinks $34 million sounds about right. The payment will come over the next 15 years and will help the now stuggling Wang center get back on it’s feet.
Citibank may have paid a lot but they expect it to be a good investment. […]