The Massachusetts Port Authority (Massport) has entered into negotiations with El Paso Corporation to purchase the property of its subsidiary, Coastal, a former oil terminal north of East First Street in South Boston. The purchase will be contingent upon the issuance of a satisfactory Covenant Not to Sue. Massport seeks to acquire the property so that it will be available for future maritime use as market conditions allow. In the long term, Massport intends to use the property for container operations including container storage, refrigerated cargo handling, maintenance and repair, and related support uses, such as truck chassis storage, to support the growing operations at its adjacent Conley terminal.
The Coastal Oil Terminal property is a 30-acre parcel located at 900 East First Street in South Boston, Massachusetts adjacent to Massport's Conley Terminal. The Property is bordered by the Reserved Channel to the north; Conley Terminal to the east; East First Street, to the south; and a former MBTA power generating station to the west.
For more information please contact Janeen Hansen at Massport's Economic Planning and Development Department at 617-568-3113 or email at email@example.com.