P-3 Partners, which has the city nod to build a large mixed-use development on what has become an urban wild across from Boston Police headquarters on Tremont Street, has until Sept. 18 to "articulate a clear funding plan and demonstrate concrete interest on the part of prospective retail, office, and commercial tenants," the BRA says.
After years of ground going unbroken, the BRA in June had given P-3 until last Thursday to come up with this plan for its proposed Tremont Crossing; on Thursday, the BRA voted to give the development group one more month.
BRA staff in the departments of Finance, Economic Development, and Planning and Urban Design met with members of the P-3 Partners team during this time and noted elements of progress while also providing guidance for the proposed Tremont Crossing project. Given the complexities of the project, the BRA Board voted to extend the developer’s tentative designation by an additional month. By September 18, 2014, P-3 Partners is expected to be able to articulate a clear funding plan and demonstrate concrete interest on the part of prospective retail, office, and commercial tenants.