|
|
Article: BU BUYS VACANT KENMORE SQUARE LOT SCHOOL WILL SWAP CASH, LAND FOR EXPANSION SITE
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- August 3, 1989
- Author:
CopyrightCopyright (null) The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
|
Boston University is buying an 18,500-square-foot vacant lot
in Kenmore Square to add to its holdings there, as part of a
10-year plan to develop property in the area.
The university will swap $1.4 million in cash and a property
it already owns at 565 Commonwealth Ave. for the lot, located at 10
Deerfield St. and owned by Sage Hotels and Lodges.
"The overall objective is to unify the campus so that at some
point in the future we have a coherent piece of geography that
comprises the Boston University campus," said Joseph Mercurio,
senior vice president and head of the university's business
affairs. "All of the sites we have are sites we are saving for
projects we know will come up in ...