Word: hiring
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Dates: during 1970-1979
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...John Hire, development coordinator for the project employed by K.S. Sweet and Associates, said the project is intended to turn an "idle investment" into a moneymaking opportunity for the school, to allow the school to affect the development of the area, and to establish a creative interaction between the research schools and the research-oriented firms the development hopes to attract...
Designed by Sasaki Associates of Watertown, the Forrestal Center will include in addition to sites for industrial plants and office buildings 1600 housing units, a 400-room hotel and convention center, and a small neighborhood shopping center, Hire said. Current tenants of the center include the R.W. Johnson Foundation, RCA Corporation, Mobil Oil Corporation and the Dow Jones Corporation...
...Hire said the school expects the project to prove at least as profitable, if not more so, as other investments. Expenditures by the school are being held to a minimum, Hire said. The price of an ad similar to Princeton's in yesterday's Times...
...Everybody's budget is tight," Hire said, "any university with large chunks of land has to look at similar options. You can't afford to be smug," he said...
...Hire described the reaction of the university community as a "conservative, wait-and-see one." He said, "They're not cheerleaders, but are basically supportive." Hire added that faculty and students realize the necessity of the project, both to raise money and to ensure a controlled development of the area...