Boston real estate

Boston real estate

The state has announced that it’s going with a hotel-restaurant project, as opposed to an apartment-restaurant project, for the small triangle along the Greenway where  Haymarket pushcart vendors currently sell their produce on weekends.

The development will not displace the outdoor vendors, but it will squeeze them into a narrow space between the new structure and existing buildings. (For perspective above, the red “Haymarket” sign the bottom right is where a new enclosed foot-market will be located; the current pushcart vendors are just to the north of that.)

While we’re not disappointed by the selection of Normandy Real Estate’s plan by state transportation officials, you could sense this specific proposal was almost inevitable.

It’s too bad, because the plan by Cresset Group and DeNormandie Cos. included much needed housing. You know, that “new housing” everyone says the state and city needs so desperately? Yeah, that housing.

If this had been a city-decided development, it probably would have gone apartments. But the state was in charge, and it clearly was looking for top-dollar returns in bids.

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Updated: January 2018

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