Columbus Center development gets hand-out from state
How else can you describe it?
The Massachusetts office of Economic Development is giving out $76 million in grants to 21 development projects, including $10 million to Columbus Center, a long-delayed hotel, residential, and retail project that is to straddle the Massachusetts Turnpike between the Back Bay and South End.
“This state grant, requested by the city for Columbus Center, is a significant step toward reaching our mutual objective of a groundbreaking this summer,” said a spokesman for Columbus Center developers Arthur Winn and Roger Cassin.
The money is supposedly to be used to improve infrastructure such as roads and water systems and to increase economic development, but details on what this means for the Columbus Center project, specifically, were not announced.
Now, I’m all for development, including this one.
As long as it’s not my money that’s going to pay for it.
State awards $76m in development grants – By Thomas C. Palmer Jr., The Boston Globe