Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BOSTON-The Boston Red Sox chief executive John Harrington and Mayor Thomas M. Menino filed a joint plan outlining where $100 million in state infrastructure aid for a proposed new ballpark will go. The team’s ballpark project was adopted by the state legislature in July.

“This plan will address the longstanding transportation, public safety and environmental issues affecting the Fenway, and will enhance the quality of life for the entire neighborhood,” Harrington is quoted as saying in a released statement.

The plan includes $27 million for road and traffic improvements; $17.5 million pedestraian and landscape improvements; $22.2 million in public transit improvements; $20.4 million in water sewer, flood control and utility upgrades throughout the Fenway area, and $13 million extra if upgrades are needed.

Harrington’s recent decision to sell the team could mean that the new owner would want to move the Red Sox. Land costs are very high in this area and $350 million in private financing is needed to construct the ballpark. The ballpark legislation is site specific, meaning anyone who decides to build in another location would forfeit the $100 million in state aid.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.