A spokesperson for McCourt tells GlobeSt.com that McCourt is looking to "capitalize on [the land] somehow." This involves, he says, either finding a partner or selling the property. Referring to the property, he adds, "It's no longer part of a strategic plan for the McCourt company."

McCourt's acreage, along Northern Boulevard near Boston Harbor and across the Fort Point Channel, is currently being used as a parking lot, but it sits in the city's last major developable area. Developers have been gobbling up property here. Among its neighbors are the World Trade Center, the Fidelity towers and the new convention center. This past July, Tishman Speyer acquired 44 industrial buildings in Fort Port Channel for nearly $500 million. The site is also near Fan Pier, a massive mixed-use development owned by the Chicago-based Pritzker family, which has been struggling to nail down its financing and move forward.

Two years ago, McCourt tried to buy the Boston Red Sox and part of his proposal involved relocating the Sox ballpark to this site. "The plan was to build a new ballpark," says McCourt's spokesperson. "Once that didn't happen [McCourt] has been thinking about what to do."

McCourt has since moved on to another ball team and is in the process of working out a deal to buy the LA Dodgers. McCourt's spokesperson emphasizes that his plans to sell this site have nothing to do with a purchase of the Dodgers. "It's still a good site for a ballpark," says the spokesperson, "but if he owns the Dodgers he can't be involved in any other ballpark."

McCourt has recently retained Cushman & Wakefield to evaluate the potential options for the property. Calls to the firm for comment were not returned by deadline.