Globe article here.
The owners of the Red Sox are moving into the real estate development business, partnering with a prominent developer in an ambitious, long-term venture that would transform the neighborhood just outside the walls of Fenway Park.
The five-acre project will feature office space, apartment buildings, retail, and possibly a hotel, along with public art and green space. It would be built over four sites along Jersey, Lansdowne, and Van Ness streets, as well as Brookline Avenue.
The parcels are owned by Fenway Sports Group Real Estate — a subsidiary of the Red Sox' parent company Fenway Sports Group — and the D’Angelo family, owners of sports apparel company ’47 Brand.
Map of parcels below:In addition to the mix of housing, retail, office, and lab space ― and maybe a hotel ― the new development could allow the Red Sox to leave their cramped offices in Fenway Park. That would also free up room in Fenway’s concourses. A new ’47 Brand team store will fit in somewhere, if not necessarily in its current spot across from Fenway’s Jersey Street gates.
Longer term, building something larger on a deck over the Mass. Pike could vastly increase the scale of development and help knit together the Fenway, Back Bay, and South End. But so-called air rights developments are notoriously complex — Fenway Center took two decades of planning — so the group decided to push ahead with a smaller project first.
“We think there is an opportunity" to build over the Pike, Sclar said. “We’re going to spend time really thinking about it deeply and we’re not going to let that hold this up.”