For more than 60 years, the iconic CITGO sign has beamed above Kenmore Square , greeting Boston Marathon runners and looming over Fenway Park like a low-hanging, neon (now LED) moon.

The local beacon is getting a new home as the area undergoes redevelopment. But, it won’t be too far from its original location.

“CITGO may think of this as their Sign, but in Boston, we think of it as ours,” Boston City Councilor Sharon Durkan, who represents Kenmore Square, said in a press release about the sign’s move.

The 60-foot by-60-foot illuminated sign, bearing the oil company’s name and simple triangular logo, appears to fans inside Fenway Park to hover above the Green Monster and is commonly spotted on TV broadcasts of Red Sox home games. It has sat on the roof of 660 Beacon St. since 1940 ,

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