Quincy Center life science building project shutdown
– News about Quincy Massachusetts from Quincy Quarry News
The third time looks to not be the charm for a developer to redevelop its now vacant Quincy Center property per a Quincy Quarry confidential source: the much-touted, if not also pimped, Quincy Center life science building project has been put on ice.
Unclear at this point is if the project will be scrapped or if it is just going on hold as has the new Quincy Police Department headquarters project.
What is clear is that this project was proposed when an earlier plan hit the rocks and this earlier plan was itself a proposal to replace an earlier yet plan that also hit the fan.
Needless to say, this latest local breaking badly bad news© to hit the Koch Maladaministrion is sure to be a punch to its soft underbelly.
That and yet another Quincy Quarry News scooping of its media brethren.
Per the duly knowledgeable source, the latest project planned for the site has been shut down shortly after commencing demolition of the sidewalk abutting the now mothballed site so as to accommodate now not happening construction.
The reasons for the project stoppage are an amlagum of soaring interest rates, skyrocketing construction costs, and an apparently squishy never named prospective tenant hitting the fan.
Unfortunately, per typical koch-upped fashion, the decision to shut down the project was made after the demolition of some of the sidewalk along the site had commenced along General McConville Way and now replacement of what was near-new sidewalk is underway.
The Quarry considered reaching out to City Hall to find out who will be paying for the sidewalk do-over; however, who wants to be left interminably on hold?
Needless to say, Quincy Quarry will be monitoring the situation for a possible fourth try to redevelop the site as well as if the proposed land takings along Hancock Street by the City of Quincy also end up on hold or otherwise koched-up.
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That area will become Condo City. Just like NYC, like in a building and everything is inside it. Big city.
Not condos, apartments. Koch doesn’t want people who are invested in the city — only transients who don’t vote.
Marjorie,
You are correct. At the some time, however, Koch also wants apartment real estate developer/investors who also “invest” in his campaign fund.
Spot on comment!
You are 100% right it’s apartments, apartments everywhere no condos or good forbid single family homes. I live near the old hospital where they’re building more of those two toned gray Lego buildings that are going up everywhere around Quincy.
That was the real plan, all along. Bet on it!
So the Koch/FoxRock “science center” shell game continues.
Quincy is one huge construction site mess.
Huge apartment complexes that no middle-class senior could ever afford.
I am embarrassed at this crazy incompetent decision-making crap called the City of Presidents.
Ha ha