Word: railroads
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Mark L. Houghton, executive vice president of Houghton Chemical Corporation—a local company that manufactures and distributes products including pharmaceuticals and industrial chemicals—said the railroad is a “lifeline” for the region, bringing in products from all over the nation...
...other board members, point to CSX’s permanent “easement”—a guarantee of right-of-way on the land, as reason that the railroad company could stay in Boston permanently...
Currently, the land is criss-crossed by railroad tracks owned by rail giant CSX—a landscape, many officials say, which is vital to the economy because the rail yards on the 91 acres provide the only major access for freight trains to the port of Boston...
These 91 acres of underdeveloped land are encumbered by railroad tracks and permanent easements. A small 1.4 acre corner of the plot is presently used by Houghton Chemical Company, and politicians complain that Harvard’s possession of the land would threaten the company’s viability. Others are concerned that Harvard’s construction will block transportation into Boston and harm area businesses. But these concerns should be alleviated by the fact that Harvard has no plans to disturb the Turnpike’s permanent easements nor to force Houghton Chemical off the land...
...don’t think this is anything about the railroad. Its about other utilization of that property, whether its by city interests or the governor’s interests in seeing that land, and the revenues of that land, go to other sources,” Levy said. “They don’t want to see to money come back into the Authority...when they’re trying to balance a budget thats 3 billion dollars out of whack...