WORCESTER, MA-The city's effort to redevelop Washington Square, a 25-acre parcel located in the heart of this city's downtown area, hits a snag as members of the city council want to consider other options for the roadway within the project.
MARTHA'S VINEYARD, MA-In an apparent effort to win support for the development of a gaming casino in the state, the Wampanoag tribe, which is based here, offers the state cash payments up front if it gets legislative approval for its casino project.
BOSTON-Cambridge, England-based Cyan Technology Ltd. opens its first office in the US here. The company, a developer of low-power flash micro controllers for connected devices, wants to extend its market reach to potential customers in the US.
BOSTON-Community activists file court papers to prevent an injunction on a new runway at Logan International Airport from being lifted. The injunction is the sole obstacle preventing the Massachusetts Port Authority from building the runway.
BOSTON-The city council considers legal action against the Boston Redevelopment Authority for taking possession of Hayward Place, a 37,380-sf parcel here in Chinatown. The property is considered a valuable piece of real estate worth up to $23 million.
SALEM, MA-After filing for bankruptcy protection, Kmart announces it will close 284 stores across the country, including three in this state. The store closings need to be approved by the bankruptcy court. The discount retail chain has 26 other stores in Massachusetts.
BOSTON-The Boston Redevelopment Authority approves the development of an Ambulatory Building at Massachusetts General Hospital's main campus here. The project proposal has gone through a number of design changes and involves 640,000 sf of space in two buildings.
SHARON, MA-The planning board proposes rezoning 190 acres here right near Route 95 from residential to light industrial. The town is nearly all residential and the board is looking to expand its tax base.
HOLLISTON, MA-Comptel Services acquires a 30,000-sf industrial building here on 100 Jefferey Avenue from Secgen LP for $1.6 million. The building is 50% leased in an area with a recent vacancy rate of 11.3%.
SALEM, NH-Developers Diversified Realty and Coventry Real Estate Partners, its majority-owned affiliate, acquire Prudential Real Estate Investors' 74% joint venture interest in Village Shoppes, a 170,000-sf shopping center.