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The Boston Globe

Business

Boston agrees to $7.8m tax deal for Filene’s project

City, developer in 13-year accord to help downtown complex draw premier tenants

Mayor Thomas M. Menino’s administration has agreed to give a $7.8 million tax break to help redevelop the former Filene’s property into a $630 million complex of offices, stores, and luxury homes.

The tax incentives will be spread over a 13-year period and will be passed along to retail and office tenants that agree to open on the property.

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