The Boston Red Sox recently announced senior management structural changes within the business aspect of the Boston Red Sox via Fenway Sports Group (FSG). Of significance is the wife of team principal owner John Henry – Linda Pizzuti Henry who now holds a small minority interest in shares of FSG. Ms. Henry has been an active participant in the development of extensive Red Sox real estate interests in the Fenway area.
Last year the Red Sox were public with their plans regarding the Fenway area and continued development. The Red Sox have also received historic tax credits and the City of Boston and state have made significant infrastructure improvements in the Fenway area – an area now considered quite “hot” as developers are prone to say.