
A Backlash in Barnstable
Zoning changes designed to revitalize downtown Hyannis got immediate traction from developers proposing multifamily housing. But a leadership change on the Barnstable Town Council is driving fears of a rollback.
Zoning changes designed to revitalize downtown Hyannis got immediate traction from developers proposing multifamily housing. But a leadership change on the Barnstable Town Council is driving fears of a rollback.
The state’s economic development agency has partnered with BankFive to provide nearly $12 million in loan financing to developers who plan to build a 53-unit mixed-income apartment complex in Hyannis.
As they grapple with one of the worst housing shortages in the country, one of Cape Cod’s top housing advocates is looking for help from a seemingly unusual source.
Cape Cod’s housing woes run much deeper, literally, than the problems facing other communities across the state.
Cape Cod 5 held a ribbon-cutting ceremony to celebrate the opening of its new 11-acre Hyannis campus, which includes the bank’s headquarters and the full-service Hyannis Route 132 Banking Center.
Community leaders, including state and local officials, joined Cape Cod Five’s trustees, corporators, senior officers and building partners on Tuesday to officially break ground on the bank’s new campus in Hyannis. The ceremony, which took place at the site on Route 132, marked the start of construction on the new campus, which is planned to be completed by mid-2019.