Gloucester Landing Associates Ltd. Partnership v. Gloucester Redevelopment Authority

On July 30, 1986, the plaintiff, Gloucester Landing Associates Limited Partnership (Gloucester Landing), purchased waterfront property in Gloucester (Property) from the defendant, the Gloucester Redevelopment Authority (GRA), for the purpose of developing it into a retail center with below-deck parking (Project). The Property consisted of two parcels of land, with one parcel containing most of the waterfront. Subsequently, the Massachusetts Department of Environmental Protection (DEP) refused to issue Gloucester Landing the necessary waterways license (license) for the Project to be developed…