Chiofaro completes purchase of Harbor Garage

Developer Donald J. Chiofaro issued a statement today saying that his Chiofaro Co. has closed the previously announced deal to purchase the Harbor Garage.

A Globe story last month noted that Chiofaro, who developed International Place, had agreed to buy the Harbor Garage, between the New England Aquarium and the new Greenway on Boston's waterfront, for about $155 million; he also said he would probably replace the garage with a large complex of offices, residences, and a hotel.

Today Chiofaro said through a spokeswoman that he had no further details to offer on his plans for the site beyond what he said last month.

Sometimes referred to as the Aquarium garage, the seven-story block of concrete, with parking for 1,380 cars, went on the market in June. It was designed by the firm of I.M. Pei and built in the 1960s, and has been owned since 2002 by InterPark, the Globe story from last month noted; the garage site is next to the two 40-story Harbor Towers condo buildings.
(By Chris Reidy, Globe staff)