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The Boston Globe

Metro

A quiet deal done on a prime Boston waterfront site

Developer Joe Fallon brought buildings and jobs to Fan Pier where others could not. But that doesn’t explain his no bid rights to another Seaport parcel.

It was one of the most generous land deals on the Boston waterfront in at least 25 years, giving prominent developer Joseph F. Fallon an exclusive chance to develop a prime city-owned lot in the booming South Boston seaport without the city asking if others were interested. Without collecting the usual deposit from Fallon. Without even knowing what Fallon planned to build.

But the five-member board that oversees development on city-owned land had no questions. They took less than 90 seconds at the July 12, 2012, meeting to give Fallon the go-ahead to negotiate a lease to develop the land right next to the Bank of America Pavilion, the popular summer concert venue.

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