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ron_newman posting in ![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
davis_squareafter the university announced that it would not begin construction there for at least 15 years.
Somerville Times article
Wicked Local/Somerville Journal article
from the Times article: "Next week, a community meeting originally planned to continue discussions of the Tufts proposal will now instead offer the community an opportunity to discuss this news as well as next steps. The meeting will be held on Wednesday, March 26, at 6:30 p.m., at the TAB Building, 169 Holland St."
Somerville Times article
Wicked Local/Somerville Journal article
from the Times article: "Next week, a community meeting originally planned to continue discussions of the Tufts proposal will now instead offer the community an opportunity to discuss this news as well as next steps. The meeting will be held on Wednesday, March 26, at 6:30 p.m., at the TAB Building, 169 Holland St."
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Date: 2014-03-20 05:54 pm (UTC)no subject
Date: 2014-03-20 06:02 pm (UTC)completeat least started within 3 years).no subject
Date: 2014-03-20 06:36 pm (UTC)no subject
Date: 2014-03-20 06:44 pm (UTC)no subject
Date: 2014-03-20 10:03 pm (UTC)no subject
Date: 2014-03-21 05:25 pm (UTC)no subject
Date: 2014-03-21 01:34 pm (UTC)Fortunately, Somerville hadn't just sold them the property outright, and has the ability to reclaim it and put it into the hands of another developer.
As for what actually went wrong, there's no way to tell from the outside. But usually this sort of thing means that whatever the developer was planning on selling/renting the property for is no longer paying nearly as well as it was when the developer started the project. Sometimes it means that the city has narrow ideas regarding what the property should be used for, and the developer can't figure out how to make a profit within those limits. In this case, perhaps Tufts wanted it for Tufts offices, but Somerville wanted some use that could be taxed.
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Date: 2014-03-20 06:20 pm (UTC)no subject
Date: 2014-03-21 04:44 pm (UTC)Props to Somerville for pushing this forward.
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Date: 2014-03-20 06:34 pm (UTC)Is the address for the TAB building correct? I always thought it was 167 Holland.
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Date: 2014-03-20 06:38 pm (UTC)no subject
Date: 2014-03-21 02:59 pm (UTC)Here's the committee's report: http://www.somervillema.gov/sites/default/files/PHCS%20Report.pdf
I'm disappointed that the proposal with the most housing was disqualified primarily for that reason. But given the rampant NIMBYs in Union Square lately and the cited 2009 experience, I can't really blame the committee.
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Date: 2014-03-22 08:30 pm (UTC)When someone says "it'll all be expensive luxe etc" my response is: 500 yuppies want to move into your neighborhood. They will pay $500/month more than you pay now. Do you want them to take your lease, or lease a new building down the road?"