"The project still faces several hurdles.... The base’s redevelopment could also be slowed"
What's the hold-up? Terrorist on board?
"Air base project nears takeoff; Parkway seen as catalyst for site’s redevelopment" by Casey Ross, Globe Staff | July 10, 2010
After years of delays, the $1.5 billion redevelopment of the shuttered South Weymouth Naval Air Station is taking its first major step forward, with state officials set to break ground on a parkway that will support construction of thousands of homes, offices, retail shops, a golf course, and film studios....
Related: Hollywood's State Funding: The Sequel
Massachusetts Economy Headed South
Because of crap like this!
The effort to redevelop the 1,500-acre air base — one of the largest building projects in Massachusetts — is being jump-started by $45 million in state and federal funding to build the parkway. The road’s construction is seen as a catalyst for the broader effort to reshape the property into a minicity called SouthField, which will include more than 2,850 homes, along with 2 million square feet of commercial space, public parks, and the golf course.
I don't know. Is that where you want the tax loot going?
News of the parkway construction, which comes after years of financial problems and bureaucratic delays, is considered a reason for optimism after one of the most prolonged building slumps in recent history.
“To see a large project like this moving forward is a sign the Massachusetts economy is picking up,’’ said Gregory Bialecki, the state’s secretary of housing and economic development.
Government doles out tax loot for one project and this guy.... sigh.
I'm so sick of state pukes!
Bialecki said he has received assurances from multiple developers that they will begin building on the base once the parkway is underway....
And they never renege, so....
The project still faces several hurdles....
The base’s redevelopment could also be slowed by the sluggish commercial real estate market....
Kevin Chase, managing director for LNR Property Corp., said the developers of a film studio want to begin construction by the end of the year....
How much tax loot will they be getting?
Also see: Those Are the (Tax) Breaks in Massachusetts
The Massachusetts Oscars
You would think they would quit giving them out.
