A Law360 article titled “With Olympic Bid, Boston To See Push On InfraStructure,” published on Jan. 9, analyzes the effects that a successful Olympic hosting bid will have on real estate development in Boston. Real estate partner Walter McCabe (Boston) is quoted in the article and suggests that bid organizers will likely recommend to repurpose existing facilities to minimize the need for new development projects. Mr. McCabe notes, “There are lots of education institutions around Boston that have decent sporting facilities,” but says that, in the event of a win, some hosting-related development projects would be essential; “Even with what we’ve got, there needs to be a signature stadium. And I think to get people around, our mass transportation system needs capital upgrades.”
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