Word: mbta
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...some guarantees that the rail yard and pike will not be affected. These guarantees including pre-existing permanent easements owned by the CSX corporation on its rail lines and by the Turnpike Authority for the pike, as well as the new easements granted to the Massachusetts Bay Transport Authority (MBTA) during the sale’s negotiation...
Furthermore, should Harvard develop on the 91 acres of land, the MBTA will acquire a second permanent main-line track easement, as well as 20,000 additional feet of storage space. The agreement also stipulates that the University spend $1 million researching improvements that could be made to the property, like building a rail line into the Boston port...
...MBTA is pleased with the outcome and has worked cooperatively with the Mass. Turnpike Authority to resolve the issue,” said Lydia Rivera, spokesperson for the MBTA...
...looks like all parties came together. There’s a long-term assurance for the existence of the railway, the MBTA got what they wanted, and the city of Boston gets to keep jobs [of port and railway workers...
Last Friday MBTA officials, thinking the deal with Harvard was fast-tracked and might keep the MBTA off the land in the future, invoked eminent domain, offering the Turnpike Authority $33.25 million for the 47 acres...