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Fenway land rush

With the Red Sox committed to building a new park adjacent to Fenway Park, landowners in the neighborhood are hoping to obtain top dollar for their properties. Of the 10.5 acres the Red Sox need to acquire from private landowners, the D'Angelo family, owners of the Twins Enterprises souvenir empire, controls a quarter of the acreage. The city's most recent assessed values, which are normally lower than market prices, peg the cost of that land at $4.6 million an acre. At what cost Fenway Park?

Fenway land values
* Match numbered land parcels to table below.

A. $3.1 million an acre
Developer Steven Samuels has spent $11 million to acquire 3.5 acres in the Fenway area, much of it on land the Red Sox hope to use to build a new ballpark.

B. $8.4 million an acre
The Red Sox hope to sell 5.5 acres of land – parking areas and portions of Fenway's current right field – to help finance construction of the park, for $46 million.


  Address Owner Value
(2000 assessment)
1. 85 Van Ness St. D'Angelo family $1,571,000
2. 31-37 Yawkey Way D'Angelo family $747,000
3. 25-27 Yawkey Way D'Angelo family $532,000
4. 19-23 Yawkey Way D'Angelo family $543,000
5. 78-88 Brookline Ave. D'Angelo family $1,615,500
6. 92 Brookline Ave. D'Angelo family $270,500
7. 96-98 Brookline Ave. Wm. F. Crowley, trustee $1,126,500
8. 100-102 Brookline Ave. D'Angelo family $1,015,500
9. 104-106 Brookline Ave. D'Angelo family $504,500
10. 110-114 Brookline Ave. D'Angelo family $571,000
11. 120 Brookline Ave. Stephen Mindich/partners $2,566,500
12. 122-130 Brookline Ave. Stephen Mindich/partners $6,551,00
13. 136-138 Brookline Ave. Steven Samuels $1,858,500
14. 140-148 Brookline Ave. Steven Samuels $1,117,000
15. 16 Kilmarnock St. Steven Samuels $2,162,000
16. Van Ness Steven Samuels $731,500
17. Van Ness/Yawkey Way Abbey Group $345,500
18. 1341-1355 Boylston St. Goodyear Tire $2,389,500
19. 1325 Boylston St. George Pagounis $622,500
20. 1315 Boylston St. Richard B. Ross Trust $349,500
21. 1309-1313 Boylston St. Richard B. Ross Trust $1,652,500
22. 1301-1305 Boylston St. Mobil Oil Corp. $1,266,000
23. 1279-1299 Boylston St. HRPT Properties $13,113,000
24. 1271 Boylston St. Robert Sage/partners $4,042,000
25. 1265 Boylston St. Hemisphere Broadcasting $1,419,500
    Total: $48,683,000

Sources: Boston Red Sox, City of Boston, Globe research




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