The Bay State Banner gets the scoop: BPDA Director Brian Golden says his agency won't renew a Roxbury group's development rights to a seven-acre parcel on Tremont Street when they expire at the end of the month, 12 years after it first proposed a large multi-use complex with residential towers, a mall, office space and a museum.
This past February, P-3 Partners - a joint venture between the local Elma Lewis Partners and an actual development company - which won development rights to the land left over from the failed I-95 project in the early 1970s, told city officials that it and its development partner planned to close the next month on the final $28 million in financing they needed for the proposed Tremont Crossing and that construction would start in April. Two construction companies, including the Roxbury-based Janey Construction, were signed and ready to start work.
The latest plans included more than 700 residential units, a mall featuring a BJs, a Burlington store, a rock-climbing place and a movie theater, office space and a new, $13-million home for the National Center for Afro-American Artists.
But aside from chopping down all the trees that had grown up on the parcel since state highway officials were forced to give up their dream of ramming a highway through the area, the land has remained vacant and unbuilt on.
Golden cited the lack of definite financial commitments for the project, the Banner reports.
This is not the first time the BPDA or the BRA has threatened to cancel P-3's development rights for missing one deadline after another. In fact, the BRA moved to do that in 2009, but after an outcry from Roxbury, agreed with Mayor Tom Menino to give the venture 18 more months.
The BRA then kept granting P-3 one extension after another.