From: | Lenny Siegel <lennysiegel@gmail.com> |
Date: | Wed, 26 Mar 2008 09:12:02 -0700 (PDT) |
Reply: | cpeo-military |
Subject: | [CPEO-MEF] REUSE: South Weymouth Naval Air Station (MA) land sale |
Firm to buy land on former Navy base Remaining swath sold for project in South Weymouth By Emily Sweeney Boston Globe March 26, 2008 The US Navy is selling the remaining 892 acres it controls at the former South Weymouth Naval Air Station, opening the way for housing and commercial development at the deactivated military base. The South Shore Tri-Town Development Corp., a quasi-public agency overseeing the redevelopment project, reached an agreement Monday night with LNR Property Corp. to purchase the bulk of the property for $43 million. "It's the deal we've been working on for a while," Terry Fancher, executive director of the South Shore Tri-Town Development Corp., said in a phone interview. South Shore Tri-Town Development Corp. negotiated the agreement with the US Navy, which is expected to approve the deal and could transfer portions of the land as early as this summer, Fancher said. ... For the entire article, see http://www.boston.com/news/local/articles/2008/03/26/firm_to_buy_land_on_former_navy_base/ -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <lsiegel@cpeo.org> http://www.cpeo.org _______________________________________________ Military mailing list Military@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/military-cpeo.org | |
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