Judge Awards $63M Penalty Against Ousted Union Point Developer

A Norfolk Superior Court judge has ordered a multifamily developer hired to helm the troubled redevelopment of the former South Weymouth Naval Air Station to pay $63 million for failing to pay for a range of development and upkeep costs on the property before the firm was removed from its master developer role.

Southfield Administrator Leaves Post for Lobbying Job

The full-time administrator in charge of the troubled Union Point redevelopment on the South Shore is stepping down from his post, as the Southfield Redevelopment Authority begins the search for another master developer at the 1,450-acre site.

Lender Buys Commercial Parcels at Union Point

A lender that provided a mortgage for 220 acres of development sites at Union Point took possession from master developer LStar Ventures on Wednesday, submitting the high bid of $18 million at a public auction.