That is a very good question.
Why is Steve Wynn betting over 2 billion dollars to build a resort in EVERETT????Downtown Crossing is now trendy. Kenmore Square and upper Boylston is trendy.
When I have friends come in from out of town they can not believe what hotels charge here. I get lost in the Seaport area and can't believe how it much has changed in just 15 years. The catalyst of all this is sports related......the sale of the Los Angeles Dodgers to Frank McCourt.
McCourt turned over his parking lots to Rupert Murdoch to buy the team and Murdoch immediately flipped the land to developers. Seems ironic now how the city ( especially South Boston ) fought to keep the Patriots out of the now Seaport area to protect South Boston and look what has happened.
My dad kicks himself everyday that he sold his house in Southie when he did. He was working for the Parole Board and was almost at the 30 year mark, and they had just moved their offices from around the D st area where that smoke stack is (used to be??) to Medfield, and he was just sick of the drive. His commute turned from 5 minutes at the most to an hour plus with traffic, then scrambling to find parking. I understand why he did it, but he sold it in 2005 or 2006, about 5 years too early. He'd be sitting on a gold mine right now if he kept it. He was about two houses up from the corner of I St. and E 8th.
