Hamilton Canal area is identified as a growth district

September 3, 2008 03:24 PM E-mail| |Comments ()| Text size +

timmurray.jpg Lieutenant Governor Timothy P. Murray today announced that some acreage near the Hamilton Canal area in Lowell has been identified as a municipal growth district.

Such a designation enables the state to make targeted areas “development ready” and to expedite commercial and residential development, state officials said.

"Growth districts are hubs of economic growth and housing development across the commonwealth,” Murray said in a statement. “By identifying districts, such as the Hamilton Canal Growth District in Lowell, and focusing our collective resources on making each one development ready, we are creating the conditions for business growth and community revitalization for years to come.”

According to state officials, the Hamilton Canal Growth District is made up of 50 acres, which when fully developed, will included 550,000 square feet of commercial space, 65,000 square feet of retail space, and space for more than 500 housing units.
(By Chris Reidy, Globe staff)

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