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Article: Boston Bank Invests in City, Remains Primary Real Estate Lender.(Knight Ridder/Tribune Business News)
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- July 10, 2000
- Author:
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Copyright informationCOPYRIGHT 2000 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Jul. 9--Wander along downtown Washington Street for a look at FleetBoston Financial's real estate dollars at work.
There's the $307 million loan issued by Fleet to build Millennium Place, the massive complex that will include a hotel, apartments, fitness club, and stores when it opens next year.
Then comes Lafayette Corporate Center, the failed mall converted into a major office complex for Massachusetts Financial Services and State Street Corp. Fleet also made that $85 million loan.
Another five minutes brings the casual stroller to the old Woolworth's building, behind which a 31-story office tower, 33 Arch, is supposed to rise. The project has ...