Word: holmeses
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Dates: during 1990-1999
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"We can't afford that kind of rent," Paley said of leasing with Holmes Trust.
After heated debate, the City of Cambridge's Planning Board granted Holmes Real Estate Trust permission to renovate Central Square.
Holmes Trust applied last fall to build a complex of apartments and shops in Central Square. After the plan was announced, many Cambridge residents protested, forming groups to elicit support from the neighborhood.
Last night's decision gives Holmes Trust the authority to demolish much of the existing Central Square facade, replacing it with a modern residential and commercial structure.
Surman may be just one of many self-employed Cantabrigians forced to retire by the board's decision to grant the permit. But representatives of Holmes Trust and the City of Cambridge say they believe the building will improve the area immensely, both aesthetically and economically.