BOSTON-The Community Preservation Act, a state initiative discouraging development, must be adopted locally, but state matching funds are intended to encourage communities to do so.
BOSTON-A locally-based independent real estate investment research firm, Property & Portfolio Research, acquires Real Estate Analysis and Planning Service from F. W. Dodge. PPR will offer Dodge Pipeline through an exclusive licensing agreement with F. W. Dodge.
SOMERVILLE, MA-In an encouraging move for Mayor Dorothy Kelly Gay, the Planning Board here has voted unanimously to recommend to the Board of Alderman that it adopt her zoning proposal for Assembly Square.
WEYMOYTH, MA-South Shore Tri-Town Development Corp. terminated its purchase and sale agreement with Mills Corp. for a 155-acre parcel on the former Naval Station here. Plans for a regional mall faced local opposition as well as environmental concerns.
BOSTON-Three years after promising South Boston the majority of benefits from the development of the waterfront here, Mayor Thomas M. Menino has nullified that agreement. The city now promises to distribute those funds more fairly.
REVERE, MA-Prospect House, a 110-unit assisted living center, will open its doors within three months. As the number of elderly people in the state continue to rise, it is expected that more of these centers will be built.
BOSTON-Recent city assessments increase the value of the land that comprises the site of the proposed new ballpark in Fenway. The team has been struggling to finance its share of the project and the increase in land values further complicates their plans.
STONEHAM, MA-Despite the recent downturn in the high-tech sector, Gutirrez Co. has filed plans with state environmental officials to develop an executive park on the grounds of the former Boston Regional Medical center here.
BOSTON-Recent city assessments increase the value of the land that comprises the site of the proposed new ballpark in Fenway. The team has been struggling to finance its share of the project and the increase in land values further complicates their plans.
BOSTON-Local developers are concerned over a recent series of state-funded studies that evaluate the potential development in communities across the state. Developers contend that the studies are unrealistic and could provoke a backlash against building.