- May 6, 2007
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The owners of the Red Sox are moving into the real estate development business, partnering with WS Development and the D'Angelo family in a long-term venture that would transform the neighborhood just outside Fenway Park.
The five-acre project will feature office space, apartment buildings, retail, and possibly a hotel, along with public art and green space. It would be built over four sites along Jersey, Lansdowne, and Van Ness streets, as well as Brookline Avenue.
The D’Angelos and FSGRE are partnering with WS Development ― a veteran retail developer that in recent years has shepherded the 23-acre Seaport Square complex ― to steer design and construction of the project.
The co-developers said that while extensive planning has begun, they’re still working out many details, such as cost, square footage, building heights, and the exact mix of what they intend to build. They’re also considering the prospect of one day building out over the Massachusetts Turnpike behind Lansdowne Street, which would enable more ambitious development.
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