Competing Developers Team up on Boston Condo/Retail Project

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Competing Developers Team up on Boston Condo/Retail Project

Friday, January 27, 2006

The Boston Globe Two competing developers have teamed up to build a residential condominium/retail project in the Theater District of Boston. Amherst Media Investors LLC of Summit, N.J., and local firm Abbott Real Estate Development LLC plan to work together to develop the 58,000-square-foot block. Amherst had proposed a 3.5-story glass building of commercial space while Abbott proposed a 90-foot building that would include housing. Now the Boston Redevelopment Authority board has approved the removal of a trailer housing the Hub Ticket Agency to make way for the venture's colorful gateway structure with nine floors of housing over a restaurant. Construction could start next year.