At this time neither the BPDA nor the City of Boston have plans to spend public funds to
finance a park at Pier 5. However, the BPDA would enthusiastically support increased open
space and/or park creation at Pier 5 through philanthropic or private financing. Should
such a proposal emerge, the BPDA would be willing to accept an asking price of $0 for the
property if this was economically necessary to support additional public open space or
other exceptional public benefits on Pier 5.