Monday, November 7, 2016

One of Quincy’s oldest firms sees payoff after $1.6B New Quincy Center fiasco

Image result for quincy center maFor over a year, Quincy Mutual Fire Insurance Co. executives looked out over a gaping hole across the street from the office they’ve called home for nearly 150 years — a stark visualization of everything that had gone wrong with a $1.6 billion unkept promise known as New Quincy Center. 

Quincy Mutual had already invested close to $10 million in the planned downtown revitalization — a 50-plus acre development spearheaded by New York-based urban redevelopment specialist Street-Works — by the time the whole project collapsed in 2014.. . . more

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