UMass Hired Broker To Sell Former Bayside Expo Center Site

The University of Massachusetts has hired a real estate broker to sell the former Bayside Expo site. According to the Dorchester Reporter:

“The University of Massachusetts will offer a select group of developers the chance to buy the former grounds of the Bayside Expo Center in Dorchester this year in a deal that could net the university a windfall sum. The university’s building authority has hired a commercial real estate broker — Newmark Knight Frank— to seek potential buyers or partners for the 20 acre waterfront parcel— prime Columbia Point real estate that UMass scooped up for $18 million back in 2010. The news of the broker was first reported by the Globe.”

Founded in 1929, Newmark Knight Frank (NKF) describes itself as:

“… one of the world’s leading commercial real estate advisory firms. NKF is operated by Newmark Group, Inc. (“Newmark”). Newmark is listed on the NASDAQ Global Select Market under the symbol “NMRK”. We provide a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe, as well as to occupiers, owners and developers of real estate on a local, regional and national level. Newmark has more than 4,600 employees in over 120 offices across the U.S. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.”

Earlier this month, NKF completed the sale of 29 Crafts Street — a five-story office building — in Newton, Massachusetts, and the sale of of Stony Brook Office Park in Waltham, Massachusetts.

Minutes: December 2017 General Membership Meeting

Meeting minutes from the December 4th general membership meeting:

  • Meeting called to order
  • Police report
  • Motion to give $100 to the tree lighting committee passed
  • Representative Hunt gave an update on his work
  • Recognition of small business donations
  • Phil Carver and another representative of UMass Boston spoke about the university’s ongoing construction and its chancellor search.
  • Eileen Fenton gave an update on work by the Planning Committee. No vote has been taken on the Waymark Church parking proposal.
  • A representative of Pine Street Inn spoke about their transfer of 136-140 Pleasant Street to Family Aid Boston.
  • Don Walsh gave an update on work by the Visioning Committee.
  • George Jenkins gave an update about the CSHCA website.
  • The owners of Honeycomb Cafe spoke about their progress.
  • Brief updates on South Bay and Dot Block
  • Holiday Raffle
  • Meeting adjourned.

Minutes: October 2017 General Membership Meeting

Meeting minutes of the October 2nd general membership meeting:

  • Meeting called to order
  • Police report
  • Boy Scouts
  • Councilor Annissa Essaibi George spoke about her experience as a teacher and how she has been able to help children who are homeless. She expressed a desire to create more family shelters and housing in general. She talked about the homeless population and the lack of traditional services for these families who lack of family shelters. She also mentioned the importance of stability and jobs. She emphasized the need for a new city law that would require pharmacies to safely dispose of needles brought in from off the street. Finally, she talked about the need for more local recovery programs to keep addicts close to their support networks like friends and family.
  • Discussion with elected officials concerning neighborhood issues like parking, traffic and the new construction at UMass Boston.
  • Discussion about the multifamily complex apartments pros and cons. (Parking space was one of the biggest issues for some neighbors while others support it because of the affordable housing).
  • Discussion about the traffic residents’ concerns on Morrissey Boulevard. Because this road is a key connector providing access to important open spaces and recreational areas, local institutions, residents, and businesses neighbors expressed concerns and disagreement because of safety issues and heavy traffic.
  • Meeting adjourned.

Minutes: September 2017 General Membership Meeting

Meeting minutes of the September 11, 2017 general membership meeting:

  • Meeting called to order
  • Pledge of Allegiance
  • Police report
  • Pledge/moment of silence
  • Police report
  • Introduction of this year’s E-Board
  • Tito Jackson spoke about his campaign, followed by q&a
  • David Cotter from the Mayor’s office gave an update on 410 Savin Hill Ave
  • Acknowledgement of elected officials/staffers
  • Motion to get engaged in Savin Hill initiative from Mayor’s office — Passed
  • Motion to appropriate $400 to be register with IRS as 501(c)(4) — Passed
  • Daffodil bulb sale will be November 4
  • Discussion with elected officials regarding neighborhood issues, especially UMass
  • James Baker presented on his proposed project at 110 Savin Hill Ave, which had a ZBA date Sept 19. Has reduced density and height, increased parking. Combining 3 lots into 2. Three story commercial plus a 9 unit, 13 parking spot residential.
  • Motion to support 110 Savin Hill Ave proposal at ZBA if remains the concept as presented, and he keeps the community engaged (Planning Committee previously supported subject to the same conditions) — Passed
  • Introduction of new webmaster
  • 50/50 raffle
  • Meeting adjourned.