Student Housing Operator Buys Gateway Parcel in Fenway

Private student housing developer Scape has acquired its second property in Boston, this time paying $39 million for a Fenway property where another developer had proposed a 29-story tower that drew objections from the Boston Red Sox and neighborhood groups.

Groups Target Fenway Park Redesign

Fenway neighborhood activists are targeting the Boston Red Sox’ plans to build a 5,400-seat concert hall behind Fenway Park, eliminating 450 bleacher seats to make way for new seating and function space overlooking the ballpark.

Concert Halls Turn Up the Volume

Industry-leading concert promoters such as Live Nation and AEG continue to assert their market dominance, seeking to expand their reach from outdoor stadiums and arenas to mid-sized concert halls once controlled by independents.