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Citgo Sign Building Almost in the Hands of Prolific Developer Related Beal

Fate of the iconic beacon still unknown

Boston University appears to have found a buyer for a suite of buildings in the Kenmore Square area that includes 660 Beacon Street, which the giant Citgo sign has bestrode since 1965.

Per the Real Reporter, that buyer is prolific Boston developer Related Beal. The firm is behind such large-scale projects as the car-less Lovejoy Wharf, where the North End meets the West End, and the workforce-housing complex at 101 Beverly Street in the Bulfinch Triangle.

Related Beal is reportedly close to cinching a deal for the nine Kenmore buildings, and nothing is finalized. Nor is there any indication of the Citgo sign’s fate, though it’s exceedingly unlikely that a new 660 Beacon owner could ever take it down, at least not permanently.

Stay tuned.