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| The Tufts University boathouse is the first structure that has been built as part of the River’s Edge development, formerly known as TeleCom City, which lies on the borders of Malden, Medford and Everett. |
Developers Sharpen Plans for Work on River’s Edge
By Katie Curnutte
The progress on what was once called TeleCom City might seem stalled to the casual observer, but the developers of the fenced-in, cleared-off construction site that lies on the borders of Malden, Medford and Everett hope to have definitive plans for the site ready in the next few months, and perhaps commence construction by the end of the year.
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Mortgage Lead Service Triggers Industry Storm
By Andrea Gregory
Credit triggers, a lead-generating service the nation’s three biggest credit bureaus have recently begun selling to lenders, may be transforming the mortgage origination process into live auction, a trend that has many industry watchers worried. The concerns don’t end there, however, as some local lenders and mortgage trade groups are questioning whether the practice is legal or ethical and have expressed concerns about consumer privacy issues.
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Towns Create Smart-Growth Districts
By Aglaia Pikounis
Three towns became the first in Massachusetts to establish smart-growth zoning districts this month under new state laws that offer cash payments to communities that encourage housing development near town centers and public transportation and in underutilized or abandoned properties.
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Local Banks Line Up Against Wal-Mart Check-Cashing Bid
By Andrea Gregory
With the first of seven hearings just a week away, local bankers are gearing up to fight Wal-Mart’s application to provide check-cashing services. Although it is unusual to hold so many hearings for a check-cashing application, the size and scope of the application called for the expansive process.
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Town’s University Office Park May Be Changing Hands Again
By Joe Clements
For the second time in just over two years, the University Office Park in Waltham is about to change hands, according to industry sources who maintain that NPV Direct Invest has agreed to purchase the two-building asset from current owner Transwestern Investment Co.
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