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Proposals for Yard 21 Due Next Week

SOMERVILLE, MA-Proposals to develop Yard 21, the vacant 9.3-acre site here, are due next week and officials are hopeful that a plan for the city-owned land will revitalize the stalled development of two additional parcels that developers hope will one day compose Assembly Square Common.

By Naomi Grossman | Updated on August 06, 2001

SOMERVILLE, MA-Proposals to develop 9.3-acres of city-owned property known as Yard 21 are due next week. And while no submissions have been filed yet, officials here are confident that the bidding will heat up shortly, as the property is a vital part of Taurus New England’s plans to develop Assembly Square Common, a proposed mixed-use development to be located on the 145-acre Assembly Square site.

Yard 21, a former railroad switching yard that the city acquired from the MBTA for $3.1 million last year, is one of three parcels that comprise the proposed Assembly Square Common. Taurus and its partner, Gravestar, already own the other two parcels.

City officials here are hopeful that the successful disposal of Yard 21 will revitalize the stalled development of Assembly Square Common and, in turn, the larger Assembly Square project.

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