316-322 Summer St. on hold for lawsuit

In spite of community protests over excessive concessions to the developer and the loss of residential spaces, Lincoln Properties' 316-322 Summer St. office project was approved by the BRA board in December. The owner of 355 Congress is now challenging the zoning of the project. Details in the Herald article below.

The BRA's documents on the project can be found on their site: http://www.bostonredevelopmentauthority.org/DevelopmentProjects/DevProjects.asp?action=ViewProject&ProjectID=1239


Suit halts office plan slated for Fort Point
By Thomas Grillo | Monday, March 23, 2009 | http://www.bostonherald.com | Business & Markets

The developer of a controversial $32 million office project on Summer Street in Boston is facing further delays.

Francis X. Crowley, owner of 355 Congress St., has filed suit in Suffolk Superior Court seeking to overturn the city’s Zoning Board of Appeals decision allowing Lincoln Property Co. to turn two vacant warehouses in Fort Point into a 140,000-square-foot office complex.

Following the project’s approval by the Boston Redevelopment Authority in December, the ZBA granted zoning variances allowing Lincoln to exceed the height, setbacks and floor area ratios at 312-324 Summer St.

The suit alleges that the ZBA exceeded its authority and that the development will exacerbate traffic problems, contrary to the board finding that the project will not harm the neighborhood.

“We are shutting down until the suit is resolved,” said John Cappellano, Lincoln’s senior vice president.

Neither Crowley nor his attorney, Patrick Dinardo, returned calls seeking comment.

Originally approved in 2006 as a residential development, Lincoln later bought the property and proposed to convert the two abandoned warehouses at 312-320 and 316-324 Summer St. into one office building with 15,500 square feet of ground floor retail. That move generated howls of protest from Fort Point residents.

At several packed public hearings last year, neighbors blamed the BRA for abandoning the city’s vision of a Fort Point district that would include a 24-hour, mixed-use neighborhood anchored by 11 acres of open space and 6 million square feet of development, with at least one-third as housing.

But city officials said the housing market was stalled and preferred that the building be redeveloped into office space rather than remain vacant.

Lincoln Properties Looking at Hook Site

According to the Herald, Lincoln Properties (the developer for 316-322 Summer St. which has been very poorly received - see notes from the last BRA community meeting) and the Chiofaro Co. are both eyeing the Hook Lobster site which the Hook family said it was looking to develop.

Two builders take Hub bait
Eye Hook property
By Thomas Grillo | Monday, March 23, 2009 | http://www.bostonherald.com
| Business & Markets

Two Boston developers have expressed interest in buying the property
owned by James Hook & Co., the burned-out landmark lobster business on
the city¹s waterfront.

Lincoln Property Co., the Dallas company that has Two Financial Center
under construction at South Station, and the Chiofaro Co., the Boston
owner of International Place, confirmed they have requested
information about the sale from McCall & Almy, the commercial
brokerage handling the deal.

The Boston Business Journal first reported last week that Hook was for
sale and that 10 developers were interested in buying the 10,000-
square-foot site.

Read full article on BostonHerald.com