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CORPORATE HELP COULD BE NEAR FOR MEGAPLEX
Published June 14, 1995
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).