Word: mpa
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Valenti said the garage as currently envisioned would hold 1000 cars and cost $5 million, compared to the Boston Common garage, which has a capacity of 1400 and cost $9.6 million. Although the MPA has not yet prepared plans for the Cambridge structure, Valenti said it might be connected by an underground passage to the Harvard Square MTA station...
Alan McClennen, director of Cambridge's planning office, said that it would be "very courteous" if the MPA informed the City of its plans, including the location of the garage's entrances and exits. "There is definitely a need for parking space near the Square." McClennen said, "but in dollars and cents it's a lot more complicated...
Charles P. Whitlock, assistant to the President for civie affairs, said that "to build a garage that wouldn't fall in" would probably cost about $10 million rather than $5 million, as the MPA estimated. He added that the University had found that underground parking facilities, such as those at Peabody Terrace, cost $5-10,000 a car space...
...financing the garage is not a problem, according to Valenti. He said that one of the reasons the MPA had decided to build its second project in Cambridge was that the funds for construction here were readily available. A national brokerage house has already agreed to underwrite the necesary bond issue, he said...
Some of the executives in Warners' studio seem to be doing some pretty straight thinking about the war and about international politics; a lot straighter thinking, certainly, than Paramount's director, Sam Wood, who diluted "For Whom the Bell Tolls"; and straighter thinking, too, than the MPA (Motion Picture Alliance for the Preservation of American Ideals--also called the Motion Picture Bund, the Brain Storm Bund, and others unprintable) which attacked Warners' "Mission to Moscow" as "Red" and "fourth term" propaganda...