WUT. There are empty lots galore around the Bulfinch area. I am against destroying any fine-grained urbanity to build tacky shit like this.
WUT. There are empty lots galore around the Bulfinch area. I am against destroying any fine-grained urbanity to build tacky shit like this.
^ Those empty lots in the Bulfinch Triangle are parking lots, which bring in more revenue at less expense than small awkward buildings like this. Abutting this there was another
that was torn down just last year and replaced with another parking lot.
It sucks, but its life. Lots of these small infill buildings that were put up cheaply 100+ years ago are a VERY long way from meeting current code. Apparently the building in question here used to be five-stories, but was chopped down to three after a fire ate the top two floors many decades ago. The investment necessary to make these structures useable today is simply too much to be undertaken by any rational owner. That means these buildings either get left empty, torn down for parking, or torn down and redeveloped. Of those three options, I think I'll take the third.
Shepard -- there is something about property rights that some folks a few blocks away started making noise about circa 250 years ago
So if you feel so dedicated to preserving the existing building -- then make the guy an offer that he can't refuse for his existing place
and if you are really nice you'll buy a nearby empty lot and give it to him so that he can build his boutique hotel with the convertible roof-top deck
Does anyone have an estimate of how much money has come to the city & state as a result of the 'air rights' projects in the bulfinch triangle (One Canal, Victor, Merano, etc.)?
Interested in both the 'sale value' and the 'tax value' (the annual figure and / or the present value)
... trying to put together an estimate of what portion of the Big Dig cost has been / is being paid back by these projects (hypothesis is that it is small but meaningful, especially if the denominator is the state investment in Big Dig, rather than the much larger federal investment) .... as part of my broader (and probably well-known among this crowd) interest in value-capture as an enabler of infrastructure investment
Thanks in advance...
Interesting project. You'll have to poke around on the suffolk county deeds site here:http://www.masslandrecords.com/suffolk/
and the Boston city assessing site here: https://www.cityofboston.gov/assessing/search/ to compile info.
Looking quickly I found Avenir is on an 87 year lease from the MBTA for $20,000,000 and then paid the city $1.4m in taxes last year.
Sidwalk improvements starting to take shape on the south side of Causway Street.
https://flic.kr/p/JaoU8g
https://flic.kr/p/JWQaGG
Was the sidewalk on the south side of Causeway Street widened? It looked much wider than it used to when I was walking there a few weeks ago, and the streetside concrete was new. .