The parcel is considered prime Downtown real estate and after years of fighting over who gets to control it, the state, the city and the Massachusetts Turnpike Authority which oversees the massive highway project, recently agreed to establish a private, non-profit organization to govern the funding and long-term use and management of the property.

Meredith Baumann of the Boston Redevelopment Authority tells GlobeSt.com the three parks that will be created on the Greenway are still in the design phase of development.

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

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.