SBD/14/Facilities Venues

CORPORATE HELP COULD BE NEAR FOR MEGAPLEX

     A special commission drafting legislation to construct the
megaplex in Boston is "nearing agreements with several
corporations" that could bring $90M or more to the project,
according to Richard Kindleberger of the BOSTON GLOBE.  A source
close to the panel said earlier this week that agreements with
two corporations are "close to being nailed down," and a third
company has expressed "strong interest" in participating.  The
commission's timetable calls for the Legislature to approve the
project before lawmakers break for their summer recess.  But
"key" legislators say such action is "extremely unlikely" without
evidence of the corporate investment that backers of the project
acknowledge is "critical to its success."  Commission member
Peter Larkin said a corporate commitment of $90M "would be a
tremendous boost" to the project (BOSTON GLOBE, 6/13).
Return to top

Related Topics:

Facilities

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug