|

BOSTON-A joint venture of the California state pension fund andWinnCompanies, the developers of the stalled Columbus Centerdevelopment situated in Boston, has attained a legal agreement withstate transportation officials.

The developers have agreed to pay nearly $5.5 million and otherbenefits to clean the fallow work site on the MassachusettsTurnpike. They were asked to fund landscaping, road work and otherworks on four sites where they had started the project, whichstalled in April 2008 due to funding problem. For the fullstory, go to Boston Globe.


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.