BOSTON-Boston developer Donald J. Chiofaro is seeking a compromise with the Boston Redevelopment Authority about the imposed 200-foot height limit for his planned waterfront complex.

While the specifics of the new plan were not released, the height of the complex will be shorter than the previously proposed 625 feet. Chiofaro explained that the 200-foot height limit would be unable to compensate soaring construction costs. The height limit was primarily imposed to avoid buildings denying access to the Boston Harbor. For the full story, go to Boston Globe.


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

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.