Word: friedman
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Construction of the $75-million Charles Square project-formerly known as Parcel lb and situated on a four-acre site behind the Kennedy School-is scheduled to begin in May, Richard L. Friedman, president of Carpenter and Co. the developers, said last week...
...Friedman predicted that the project would be finished...
...Friedman said he expects the project to bring about a significant change in the character of Harvard Square. The international and specialty shops in the complex and the luxury hotel, he said will attract "mature, adult customers" to the Square...
...large development has been designated to fit in with the surrounding architecture, Friedman added. The buildings will be red brick, and $2 million of the $5 million profit from the land sale will be used to build a Kennedy Memorial Park along the edge of Memorial Drive...
Until the construction is completed, Friedman said traffic in the Square will be disrupted, but that in the long run, benefits outweigh temporary inconveniences. "The Square is the winner," he said...