Ron Newman
Senior Member
- Joined
- May 30, 2006
- Messages
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Re: New tower at Aquarium parking garage.
diesel rain? I don't understand.
diesel rain? I don't understand.
Given the economy, the only one of these three structures that will find tenants is the middle one.
Chiofaro?s Dual Tower Project Riles Harbor Tower Neighbors
By Paul McMorrow
Banker & Tradesman Staff Writer
04/20/09
The filing was met with harsh words from Chiofaro?s Harbor Towers neighbors. But the developer fired back, saying that he can only knock down the garage if he replaces it with something dense enough to replace the garage?s revenue.
?The garage is an economic venture,? he said. ?It has cash flow. The only way to knock it down is to replace it with something with a chance to make money. It?s simple.? He said the project?s height is being driven primarily by the towers? slender footprints, adding, ?To be sure, we?ve got a big building. It isn?t written anywhere that you shouldn?t have tall buildings in cities.?
The filing fleshes out a six-year construction schedule for erecting two towers that would total 1.5 million square feet of office, hotel, residential and retail space. The proposed towers ? a 40-story, 560 foot tall office building and a 59-story, 690 foot hotel and condo tower, to be connected by a 770-foot tall frame ? would go vertical between 2014 and 2017. That construction would be preceded by a phased demolition of the existing garage and construction of the first phase of the towers? underground parking.
Chiofaro eventually plans to replace the existing 1,475 above-ground parking spots with 1,200-1,400 below-grade spots.
The trustees of neighboring Harbor Towers released a statement Thursday in which they described themselves as ?vigorously opposed to Mr. Chiofaro?s plan for redevelopment as presented to the city.?
The Harbor towers statement labeled Chiofaro?s $900 million proposal as ?simply too large and imposing for this unique and valuable block near both the water?s edge and the new Rose Kennedy Greenway, and utterly inconsistent with the surrounding neighborhood.?
The trustees also charged that Chiofaro has not engaged them ?in any meaningful way.?
Chiofaro said that he has been meeting with residents from the surrounding neighborhoods, and said that the BRA review process would provide a forum for dialogue with the project?s critics.
It isn?t written anywhere that you shouldn?t have tall buildings in cities
utterly inconsistent with the surrounding neighborhood
If Chiofaro has the money, let him build it. It will be sad if the government will approve projects like the Filene's and CC when they don't have the financial resources to build it and reject a project that does.