Word: mta
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...Cambridge Planning Board has decided it does not want Harvard to get the Bennett St. MTA yards, but the University may get them anyway...
...Planning Board suggests that the Cambridge Redevelopment Authority purchase the land from the MTA and develop it through controlled private contractors. The report calls the sale of the Yards "the most important development of the Twentieth Century for Cambridge." It added that the Yards are "a land bank to be drawn upon only for blue chip investments...
...Planning Board envisioned linking the MTA yards to the Harvard Square area to form a joint office area and entertainment center. The project would entail demolition of a two-block area, bounded by Boylston, Eliot, and Mount Auburn Streets...
...report also discusses major difficulties involved in the plans: a $350,000 traffic control plan for the entire city, parking for an estimated 7000 vehicles in the Yards area, and a reassessment of the MTA bus system...
...CRIMSON obtained the information for the Tishman story from the most reliable sources. The sources were wrong, and the CRIMSON regrets all indication that Paul A. Tishman, Norman Tishman, or their companies are the "mystery backers" behind Samuel P. Coffman's bid for the Bennett St. MTA Yards. The CRIMSON apologizes for the inaccuracy of the story. The Editors