In the second-largest settlement of its kind, Massachusetts will pay $23 million for 8 acres of industrial land needed for the Big Dig.
"The area is regarded as a new real estate frontier with the same kind of development potential as the South Boston Waterfront. But it is also a tangle of major transportation routes, including the entryway to the Big Dig, tracks for commuter rail, and possibly in the future, part of the proposed rail transit route known as the Urban Ring. State officials have been negotiating with Guilford and Spaulding & Slye to accommodate the Urban Ring route through their property, to avoid saddling that project with an additional $14 million for a more elaborate viaduct."
Thanks to Laura Kranz
FULL STORY: State lands a Big Dig parcel
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