Team owners applied for historic landmark status for all three buildings earlier this month in a move that would make the team eligible for millions of dollars in federal tax credits. The team has planned long-term renovation work at the ballpark that could run up to $200 million, making the Red Sox eligible for about $40 million in credits.
A spokesman for Secretary of State William Galvin, whose office oversees the Massachusetts Historical Society, tells GlobeSt.com that the Red Sox have already applied for the federal tax credit even though it has not yet won a historic designation for the ballpark from the National Parks Service. He says it was unclear what the status of that designation would mean for development around Fenway since there are currently nodevelopment projects up for review.
William Bolger, with the National Parks Service, tells GlobeSt.com that if landmark status is granted to Fenway, it will be up to the city, state and their historical commissions to regulate the way the development occurs in the area around the ballpark. "Most historic preservation controls are applied at the municipal level under general zoning authority rules. There is very little federal controls other than federal review."
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