Image courtesy of The Architectural Team
The latest large-scale housing development proposed in Everett has encountered an obstacle: the city’s notably pro-housing mayor, Carlo DiMaria.
The problem? V10 development wants to build 591 apartments in three buildings at a site among those being mooted for a new high school. DiMaria says that means the project should not go forward.
Currently, the former GE factory site on the banks of the Malden River is covered with parking lots, but is surrounded by a new city park that includes a football practice field, among other facilities.
The project is slated to go before the city’s Planning Board tonight.
What else is on tap today?
- A Bad Kind of Income Bump: A new analysis by economists at Zillow say the income a Greater Boston homebuyer needs to afford the median home in the region rose by nearly $90,000 over the last four years.
- Kendall Lease: Takeda Pharmaceutical Co. inked a 10-year lease extension at its 222,025-square-foot R&D center in Cambridge’s Kendall Square.
- Another Housing Appeal: More than 115 members of the Massachusetts clergy signed onto an open letter to House and Senate leadership Sunday, saying that “it is clear that the issue of housing has all but consumed the hearts and minds of our people.”
Who’s on the move?
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
Show me the data!
Here’s who’s leading the pack among Plymouth County mortgage lenders.
What did I miss?
Here’s what you might have missed in Sunday’s newsletter. Not a B&T subscriber? Fix that here.
- Don’t like the Boston Planning & Development Agency? Think it’s too close to developers and business interests and should be abolished? Just amp up the fractious Boston City Council’s influence on what gets built, columnist Scott Van Voorhis writes.
- Is Boston headed for a fiscal cliff or a fiscal hiccup thanks to falling office utilization? Two things are for sure: no one should take fears of a calamity lightly, and everyone should use this threat as an occasion to fix what’s long been broken.
- Attorney General Andrea Campbell is paying a visit to Boston’s southern neighbor with a special delivery in this week’s editorial cartoon.
