< Back to Front Page Text size +

The Loop is in in Northborough

Posted by Ralph Ranalli July 3, 2007 11:07 AM

NORTHBOROUGH

The Loop project, a planned outdoor mall near the interchange of routes 9 and 20, has overcome one its last hurdles before construction can begin.

By a unanimous vote, the Board of Selectmen last week opted not to exercise its right of first refusal and buy the land on which the shopping center would sit, town officials said. The town could have bought the acre property if officials had decided to match the $11.5 million offer from the developers, according to Town Planner Kathy Joubert.

The land had been classified as Chapter 61 conservation land, which meant that the owners got tax exemptions in exchange for giving municipalities the right of first refusal. The land is being sold by Mary and Robert Borgatti.

The town has already approved plans by Brendon Properties and The Wilder Companies of Boston to build the retail center and plans by Avalon Bay Communities Inc. to build a 350-unit apartment complex.

-- Jennifer Rosinski

add your comment
Required
Required (will not be published)

This blogger might want to review your comment before posting it.

About globe west updates Welcome to Globe West Updates, the news blog of the Globe West regional section of The Boston Globe. Check in with us often to see updated items about Boston's western suburbs from our staff reporters and correspondents. Give us your reaction to our stories in the print editions or on the blog by using the form below. Get involved with Globe West!
archives