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Wu Administration Eyes $100M Development Incentive Program for Stalled Projects

Boston Mayor Michelle Wu is proposing a $100-million development incentive program to help jumpstart large residential developments her administration says are stalled by high construction and borrowi

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Boston Mayor Michelle Wu is proposing a $100-million development incentive program to help jumpstart large residential developments her administration says are stalled by high construction and borrowing costs, the Boston Business Journal reported Monday.

The program would start with $31 million for four development projects totaling about 1,400 units, including One Mystic, a 408-unit tower in Charlestown’s...

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