Search
 

Beacon Capital Revises Midway Project

BOSTON-Beacon Capital Partners Inc. revises its proposed project for its Fort Point Channel redevelopment project on the waterfront. The company had been facing mounting local opposition.

By Naomi Grossman | Updated on May 08, 2001

BOSTON-Beacon Capital Partners Inc. cut the height of buildings and increased the housing component in its proposed Fort Point Channel redevelopment project in the seven-acre Midway District of the waterfront here. There had been mounting local opposition to the original proposal.

Beacon Capital submitted its original proposal to the Boston Redevelopment Authority last January, but after a number of public hearings it was clear that the 300-foot tower and lack of available living space for local artists were contentious issues for local residents. The Fort Point Channel area is comprised of a number of old warehouses and in recent years has become a center for local artists.

The BRA made a number of recommendations for changes, which according to Alex McCallum, spokesperson for Beacon Capital, were taken into consideration along with public opinion when Beacon made its changes to the proposal. “The BRA made recommendations on the general outline,” he tells GlobeSt.com. “We were also responding to public interest. Now the project is more in line with what the community wants.”

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?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

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

Copyright © 2024 ALM Global, LLC. All Rights Reserved.