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City Hall Sale Sparks Interest From Developers

BOSTON-City officials have already received calls from developers inquiring about the sale of City Hall after the mayor announced plans to sell the property and build another Government Center in South Boston.

By Beverly Ford | Updated on December 13, 2006

BOSTON-Developers from around the world are expected to vie for the chance to redevelop City Hall Plaza now that Mayor Thomas Menino has announced plans to sell the concrete and brick structure and shift the city’s government to the South Boston waterfront. The mayor revealed his plan to create what he called “the Gateway to Boston at the Harborside” yesterday in an annual address to the Boston Chamber of Commerce.

In his prepared remarks, Menino said, “I want to improve the financial health of city government and strip away waste and inefficiency.” He said plans to sell City Hall and build another in the South Boston area will help Boston’s real estate market. “The sale will open up prime real estate for facilities and open space that will galvanize the vitality of our downtown and strengthen Boston’s future. The market value for City Hall and City Hall Plaza will attract sufficient revenues to construct a new seat for city government.”

The mayor went on to say that the new City Hall will be built on the 14-acre Drydock Four, a city-owned site which is being used by the Bank of America Pavilion currently. Additionally, he said, “Since this decision is motivated by my focus on lasting sustainability, I will require the new City Hall to be a model of green design and construction.” Relocating City Hall was something Menino considered almost a decade before in 1998, but opted against as market conditions were not advantageous.

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