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The 2030 Blog

South Shore Economic Boom Expected To Last Through 2019

1/11/2019

 
The rumbling, beeping, jackhammering of construction in Quincy and other South Shore communities is annoying to some people. But town and city leaders say it’s music to their ears and a sign of economic health for 2019 and beyond.
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It means more houses, apartments and condos are being built. And housing, they say, will eventually bring new industry, more small businesses and jobs.
“We’ve got good momentum going in Quincy Center and we want to use that on other parts of the city,” Quincy Mayor Thomas Koch said.

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Norwell Selectmen Discuss Development Options For Accord Park Drive, Queen Anne’s Plaza

1/10/2019

 
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Norwell selectmen are looking to have the Economic Development Committee look into a Chapter 43D designation for 98 Accord Park Drive based on the recommendations given by the Metropolitan Area Planning Council and have it voted on at the annual May Town Meeting.

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Representatives from MAPC are working with town officials to better utilize Norwell’s commercial properties and to help reduce the tax burden for homeowners.

MAPC’s recommendations are to have the Accord Park Drive properties listed in Norwell’s Economic Growth Plan as strictly commercial properties and to have Queen Anne’s Plaza grow into a mix of residential and commercial properties.
Selectmen are looking to have possible Chapter 43D zoning changes for Accord Park on the annual Town Meeting Warrant in May.

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Housing At A Shopping Mall? It’s Becoming More Common In Mass.

1/8/2019

 
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HANOVER — In the woodsy back corner of the 77-acre Hanover Mall, the new owners of the long-struggling shopping center see an opportunity to change its fortunes.

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It’s not the movie theater that sits there now, or another big box store. No, it’s housing — four buildings with nearly 300 apartments that PREP Property Group, an Ohio-based company that bought the mall in 2016, wants to build.
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If it wins town approval, PREP would sell the land to a housing developer and use the proceeds to blow up the half-century-old indoor mall and turn it into an outdoor-oriented “lifestyle center,” like many of its newer competitors, with hundreds of customers in those apartments, just steps away.
“When I heard about their plans, it was like a revelation,” said Ed Callahan, who has managed the Hanover Mall through years of foreclosure, bank ownership, and slumping sales. “We really lucked out with a new owner that saw this place as an opportunity.”

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South Shore Economic Development Corporation
1050 Hingham Street, Rockland MA 02370  Phone: 781.421.3900 | [email protected] | sitemap
Photo Disclaimer: Photos found on website may be subject to copyright. Permission to use images was provided by development teams for use on website. Other photos were taken by staff.
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