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New England Aquarium: move on hold. (plan to move from Central Wharf to the Charleston Navy Yard)

Boston Business Journal

| November 18, 1991 | Clements, Joe | COPYRIGHT 1990 American City Business Journals, Inc. (Hide copyright information)Copyright

After watching the city's real estate market collapse around it, the New England Aquarium has finally relented and suspended plans to move the popular tourist attraction from Central Wharf to the Charlestown Navy Yard. The decision was made after aquarium officials concluded they could not find a taker willing to pay the $65 million asking price for their property.

The sale of Central Wharf was to have been a key piece of the financing package for the proposed $150 million Charlestown facility, which was to have been located on 6.6 acres of land known as Drydock #5. The wharf had been touted as a possible site for a new hotel or office building, especially after the …

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