Thursday, February 15, 2018

Now The NOG Is Into Fenway Real Estate Development

(Getty Images)
Lately, the NOG (New Ownership Group) has been been pretty much preoccupied with everything but baseball—e.g., foreign soccer, NASCAR racing, The Boston Globe newspaper, and the lame NESN sports network. Now, we can add real estate development to the list. According to multiple reports, Fenway Sports Group Real Estate is actively moving on development plans for at least six parcels in and around Fenway Park—and one 20-acre parcel at JetBlue Park in Fort Myers, Florida. In general, it seems that most of the development plans center on putting up mega-hotel/office building complexes in place of existing parking spaces. Perfect! What the area needs are fewer parking spots, right? Of course, the party line from Yawkey Ways is that all of these new developments will only serve to "expand" the Fenway Park and game-day "experience". At some point, we're all going to have to realize that John Henry is interested in making more money—period. Not that there's anything wrong with that, we just have to grow up as a fan base and accept it.