Deck Built, Towers Stalled: $1B Fenway Center Air-Rights Project Hits Turbulence
Engineering News Record
AI Article Summary
The Fenway Center project in Boston, a $1 billion air-rights development, faces challenges despite nearly completing a deck over the city's major highway. Delays stem from ongoing legal battles, impending lease deadlines, and changes in the laboratory real estate market. These issues are causing uncertainty about the project's future completion.
What This Means for Canadian Contractors
This project shows how legal and market uncertainties can impact major construction projects, underlining the importance of risk management in large-scale developments. For Canadian builders, this means diligent planning and flexibility in project timelines to handle unexpected delays. It also highlights the significance of adapting to shifts in specific market demands, like laboratory spaces.
