This is great news. Hopefully, things will start moving more quickly, down on the South Boston waterfront. Our grandchildren will be pleased!
From The Boston Herald:
The buildout of Bostonâ€™s waterfront is poised to take a major step forward as veteran city builder John B. Hynes III closes in on a blockbuster deal for one of the Hubâ€™s top development sites, observers say.
Hynes, who built State Streetâ€™s new downtown high-rise headquarters, yesterday confirmed he is in serious discussions for a 20-acre-plus development site near Fan Pier on South Bostonâ€™s waterfront.
Hynes said he is negotiating with media giant News Corp., which recently acquired the site from longtime Boston parking and land czar Frank McCourt.
A top executive with the Gale Co., Hynes said the talks could lead to a deal for the entire site.
More information: Hynesâ€™ real deal: Bid on for Murdoch land – By Scott Van Voorhis, The Boston Herald
Also: Developer hopeful on waterfront deal – By Thomas C. Palmer Jr., The Boston Globe