|From:||Lenny Siegel <email@example.com>|
|Date:||Wed, 29 Apr 2009 10:49:23 -0700 (PDT)|
|Subject:||[CPEO-MEF] REUSE: South Weymouth (MA) Financing|
Weymouth air base developer extends financing deadline Air base developer now wants to see 'viable' plan for financing by May 29 By Jack Encarnacao Quincy Patriot Ledger (MA) April 25, 2009 WEYMOUTH -The company redeveloping the former South Weymouth Naval Air Station has given the agency that oversees the base another month to develop a "viable" financing plan.
LNR Property Corp. warned South Shore Tri-Town Development Corp. at the beginning of April that it might develop only a portion of the sprawling SouthField project unless Tri-Town came up with a plan that would enable LNR to get returns on its investment.
...LNR says it has invested about $72 million in building infrastructure at the 1,400-care base, about 835 acres of which the U.S. Navy still owns.
... For the entire article, see http://www.patriotledger.com/archive/x708184300/Weymouth-air-base-developer-extends-financing-deadline -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <firstname.lastname@example.org> http://www.cpeo.org _______________________________________________ Military mailing list Military@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/military-cpeo.org
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