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| This fragment of the Old Colony Railroad Bridge recently was installed by the Central Artery Project as a public sculpture and industrial archaeological artifact to complement a new pocket park called Cabot Cove, located on the southern reaches of the Fort Point Channel in Boston. Popular as a motif among area artists and photographers, the century-old drawbridge was dismantled for the new Interstate 90 approaches to the Ted Williams Tunnel. The sculpture/artifact, which is over 30 feet high, recalls the rich maritime, mercantile and transportation history of the area. The project’s principal advocate is urban historian and installation artist Michael J. Tyrrell, who collaborated with Central Artery Planner Fred Yalouris over many years to select the steel components and create the landscape setting, and later with artist Ross Miller to edit the historical panels that feature an array of archival imagery about the area. |
Experts Say Full Recovery Still Elusive
By Joe Clements
Commercial real estate has come a long way from the depths of the 2001 recession, but the journey to recovery remains at a distance, according to industry observers assessing the prospects for 2006.
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Bankers, Lenders Watch Home Market, Bills
By Andrea Gregory
Industry watchers and experts are eager to see what 2006 will bring to the banking and lending scene. Often legislative and regulatory issues occupy a predominant spot in speculation about the future, but realizing how greatly real estate affects lending, many mortgage professionals are keeping a close watch on the home market.
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Mt. Washington Bank Establishes, Expands Niche in Dorchester Area
By Andrea Gregory
When Mt. Washington Bank first branched into Dorchester in 2003, bank officials say, they felt they were filling a void for the community. There were no other community banks in the Boston neighborhood, limiting banking options for area residents and businesses, according to Lauren Mann, director of marketing for Mt. Washington Bank.
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Davis Cos. Purchases Office Park From Berwind for $16.5 Million
By Joe Clements
A slice of Newton’s commercial real estate market has changed hands, with the Davis Cos. buying 1210-1230 Washington St. from Berwind Property Group. The three-building, 90,000-square-foot office park traded last week for $16.5 million, or approximately $183 per square foot.
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