Monday, May 10, 2010

Real Estate Development during trying Economic Times

Somerville, MA was presented with the All American City Award (AAC) in 2009. In 2010, the construction of the Assembly Square area will begin. This project will improve roadways, bring a new T station to Somerville, residential units, commercial office space, additional retail space, a new movie theatre, and most importantly 500 new jobs. Congratulations to the Somerville leaders for getting this task started in such difficult economic times. Perhaps Mayor Menino of Boston can follow Somerville's lead with the even more substantial project planned for the waterfront near the Boston Aquarium. To read more about both projects please go to:

http://www.thesomervillenews.com/main.asp?SectionID=2&SubSectionID=2&ArticleID=3854
http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2010/03/28/shadow_on_the_greenway/

- Design is what you make it.

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