Mayor Martin J. Walsh told hundreds of retailers the city will soon usher in a "new era of transparency" at the Boston Redevelopment Authority, just hours before the agency met for the first time since he took office, approving a massive Landmark Center development project in the Fenway — with full property taxes.
"From big business to small business, from neighborhood businesses and downtown businesses, we will make reforms, including better organization of our staff under a new economic development chief," Walsh told real estate professionals and investors at the Colliers International Annual Seminar at the Boston Convention & Exhibition Center yesterday. "That will keep our economy growing. We will make Boston a leader in streamline transparent and effective job and business growth from Seaport Square to Dudley Square."
The Herald first reported Sunday that Walsh would seek a brand-new cabinet-level economic development czar to oversee the BRA and submit Beacon Hill legislation to reform the agency. Brian P. Golden, a former state representative and BRA executive director, has been named the agency's interim director. Walsh will also call for an independent audit of the BRA, though he's been short on specifics about what the probe will focus on.
Meanwhile, the BRA approved a major redevelopment of Landmark Center last night.
The Landmark developers will have to pay property taxes on the new construction. The same property had been previously granted tax breaks as a blighted area in 1996. The BRA came under fire following Herald reports during the final months of the Menino administration for granting breaks to high-end projects. Yesterday's approval with taxes took place without fanfare.
The project will create 550 apartments, 110,000 square feet of new retail space, 75,000 square feet for a new Wegman's grocery store, and 15,000 square feet of office space and parking. The $500 million development will feature three residential towers, a new food court and the Wegmans and have clear access to the T, developers said. They plan to demolish much of the existing building, but maintain the historic 200-foot Landmark tower, originally built in the 1920s for Sears, Roebuck and Co.
"It's been years in the Fenway working on various buildings and master planning and revitalizing of the neighborhood," said Steven Samuels of Samuels & Associates, the developer. "When acquisition of Landmark became available a couple of years ago, we envisioned it as a key piece in the final turnaround of the Fenway."
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