Quincy city councilors have voted to convey a small piece of land downtown to a developer for $1.
The strip abuts Dennis Ryan Parkway and will be part of the parcel for Chestnut Place, a 15-story residential development, and the public will retain access to it, said City Solicitor James Timmins. He recommended the city convey the 5,217-square-foot parcel in order to avoid liability for it.
“Why should we retain ownership of land that someone else is going to develop?” Timmins said. If the development isn’t built, the piece will revert to the city.
Councilor Brian Palmucci said the land may not be valuable to anyone else except the owner of the much larger adjacent parcel, but the city should get the land back if the development isn’t built.
The strip will be used as part of a driveway for the project, a 124-unit residential tower with first-floor retail stores being built by Peter O’Connell, said Chris Walker, director of policy and information for Mayor Thomas Koch.
The tower and an accompanying parking garage is in final design and is on schedule, Walker said. Construction is expected to begin this year, he said.
The measure to convey the parcel was approved in a 7-1 council vote on Feb. 5. Councilor Anne Mahoney voted against it.Jill Terreri Ramos can be reached at firstname.lastname@example.org. Follow her on Twitter @jillterreri.