Histortic Boston and Peregrine Group Team Up for the Historic Charles River Speedway Headquarters

Inside Historic Boston Inc.: Once More to the Races: HBI and Peregrine Group Team Up for the Historic Charles River Speedway Headquarters:

Earlier this summer, the Department of Conservation and Recreation’s (DCR) Historic Curatorship Program put out a Request for Proposals (RFP) for the historic Charles River Speedway HeadquartersBuilding in the Allston/Brighton neighborhood of Boston. The Headquarters building, built in 1899 is all that remains of the Charles River Speedway. The Speedway consisted of a mile long race course for horse cart, or “sulky racing” as well as a course for bike racing. It was developed in the wake of increased automobile traffic on other main roads like Cambridge and Beacon, which had left little room for recreational vehicles. Until the 1960’s, the Speedway stretched all the way to the Harvard Football Stadium. After that time, with no more Speedway to look after, the Headquarters building fell into disrepair. However, it is a beautiful building, with a great story and a layout that offers many options for redevelopment. With this in mind, HBI just finished a submission for consideration by DCR.

1 comment:

  1. Harry:
    Any info on the Peregrine Group e.g. is it not for profit or a real estate development group?

    That property requires million$ in investment.