South Station deal went south long ago
Friday, January 8th, 2010The collapse of the South Station development deal may have come as a shock to some.
But this is one proposal that had been rotting quietly for quite some time.
The MBTA had hoped to add several tracks to South Station. It was all part grand deal that would see the Post Office sell its mail sorting complex to a private developer and then move its operations to another site in South Boston.
The Post Office would get a modern new plant, the T would get more tracks, and the developers, a combo of Jones Lang and Walton Street Capital, would get a big juicy site next to South Station to redevelop.
Everyone would be happy.
A nice idea, but as I wrote back in June in my weekly column for B&T, it was not to be.
Back then, some troubling signs were already emerging that this deal was not exactly on the fast track.
Postal officials had announced a deal with Jones Lang and Walton back in the spring of 2008 for a mega development and commuter rail expansion to replace the mail sorting plant.
Then the global financial crisis erupted a few months later in September of 2008, wiping out financing for most major projects.
By June of 2009, when I wrote my column predicting the project’s demise, I noted more than a year had passed with no sign of any proposal. In fact, city officials at that point had quietly scrapped plans to hire a consulant to draw up a master plan for the development of the site, a key first step.
Maybe even more telling, no one could even make it to the phone to offer up a phony defense of the project’s health.
Now the Patrick Adminstration wants to step in and by the mail sorting complex itself. Great, but the postal service still needs a place to relocate its plant to and, after years of debate, that’s still far from settled.
All I can say is good luck.


