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WELD MAY TRY ANOTHER SHOT AT MEGAPLEX; LONG LIVE THE GARDEN?
Published October 27, 1995
MA Gov. William Weld said he may file a bill calling for developers to bid on building a combined convention center and sports complex in Boston, according to Phil Primack of the BOSTON HERALD. But given the lack of support in the State House over a convention center and sport complex, any "bill filed by Weld faces an uphill fight." Weld: "We may take one more pass at a non-site specific request for proposals" (BOSTON HERALD, 10/27). STILL STANDING: The Boston Garden, expected to be torn down within 12-months of the completion of the FleetCenter, could be standing for "a long, long time," writes Joan Vennochi of the BOSTON GLOBE. With a new financing package rescinding a previously imposed 12-month requirement, Garden Owner Jeremy Jacobs is in "no great rush" to tear the building down as he wants "dismantling costs to be absorbed by any developer who acquires the site." The Garden property is being marketed by Boston real estate firm Meredith & Grew, but there have been no "serious" offers so far. It is being "pitched" for retail, office, parking and hotel uses. Jacobs will auction off what is inside the Garden, "which could be worth" $2M (BOSTON GLOBE, 10/27).