| In
early 2000 FPCC approached Boston Wharf Co., Fort Point's
largest property owner, about purchasing several buildings
along Midway and A Streets. Instead, Beacon Capital Partners
acquired this property for a new mixed-use development project,
which would in time become Channel Center. FPCC shifted gears
and began negotiations to acquire buildings within Beacon's
property, buildings that would be developed, owned and controlled
by artists, for artists. |