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The lease ended up at 195000. From what I read, the deal is for building H, which is on the corner of Mercantile(new street) and Foster, approximately where the old Bijou Cinema and Applebees now stands.
Worcester City Square
Rebuilding Worcester Downtown
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#83
- Burg
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Posted 02 April 2009 - 09:14 AM
So does this mean the whole project will get done or are they going to build just one building?
As a total project I think it will be a great success, but I worry about individual pieces not having the same effect.
Its a shame Hannover can not just move downtown and take up all the opffice space.
As a total project I think it will be a great success, but I worry about individual pieces not having the same effect.
Its a shame Hannover can not just move downtown and take up all the opffice space.
This post has been edited by The Voice of Reason: 02 April 2009 - 09:24 AM
#84
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Posted 02 April 2009 - 09:37 PM
I'm guessing since there's a major tenant in one of the buildings, part/all of the old Common Outlets mall will be torn down.
I'm hoping with the project getting under way and the economy improving, once they get the ball rolling more will come and follow.
I'm hoping with the project getting under way and the economy improving, once they get the ball rolling more will come and follow.
#86
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Posted 30 April 2009 - 11:01 PM
According to the T&G today (4-30), Front St.'s extension will be delayed three years as it's been pushed to part two of the project.
Meanwhile public money to demolish the mall won't happen until June, when the lease with Unum is officially signed.
Source: http://www.telegram..../NEWS/904300634
Slow and steady progress, better than nothing.
Meanwhile public money to demolish the mall won't happen until June, when the lease with Unum is officially signed.
Source: http://www.telegram..../NEWS/904300634
Slow and steady progress, better than nothing.
#87
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Posted 01 May 2009 - 09:18 AM
Be patient. it is only a matter of time before some form of High speed rail is built as per Obamas plan. As of now it would go through Worcester to Springfield. This will certainly help springfield as one of the hubs, but the fact that it will connect Worcester and Boston means the commute between the two citys will make Worcester easier to get to from Boston than Framingham. I think not only will the Worcester airport grow, but the office and housing markets will take off.
#88
- Burg
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Posted 02 May 2009 - 10:12 AM
The Voice of Reason, on May 1 2009, 11:18 AM, said:
Be patient. it is only a matter of time before some form of High speed rail is built as per Obamas plan. As of now it would go through Worcester to Springfield. This will certainly help springfield as one of the hubs, but the fact that it will connect Worcester and Boston means the commute between the two citys will make Worcester easier to get to from Boston than Framingham. I think not only will the Worcester airport grow, but the office and housing markets will take off.
Yes, that'll be another great huge boost.
Looks like 10 years from now, Worcester's got great potential to retake the #2 city in New England spot. Between a potential high speed connect to Boston (I can see it likely non-stop or one stop too) and downtown redevelopment with CitySquare and whatever else might pop up once the economy rolls again - really exciting times.
