Word: projected
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Dates: during 1940-1949
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Last week officials triumphantly announced that the Equitable Life Assurance Society had agreed to take on the financing of a spectacular $50 million project to clear 23 acres of the Triangle's point, convert it into a park and construct three modern office buildings...
...probably the most significant project under way was the hole outside of R. K. Mellon's office. On the first eight floors of the 39-story skyscraper the Mellon National Bank will have its quarters. On the next 30 floors will be offices for U.S. Steel. On the 39th floor will be the offices of Big Steel's President Ben Fairless -and R. K. Mellon. Probably no single office floor in the U.S. would support such a weight of industrial power and influence...
...might be expected, the construction of the bridge is a very expensive undertaking--so expensive that neither the cities of Boston and Chelsea nor the State of Massachusetts could stand the necessary tax burden. Thus, the financing of the 27 million dollar project is being handled by a group of private investors who will operate the toll system on the bridge until the capital plus interest is paid off. By 1978, the toll profits should exceed the original cost and the bridge, as per previous agreement, will became public property...
...vast 1947 project suggested the razing of many existing business structures, the rerouting of Massachusetts Avenue along Mt. Auburn Street (see map), and the elimination of what is now Harvard Square. A multi-unit shopping center under one roof would then be constructed (F on map). Each merchant would hold shares in this redevelopment project, entitling him to store space in the new all-weather shopping center...
...Harvard Corporation will supply the $1,000,000 needed to build the Commons Hall from general University funds, while the money for the dormitories is being raised by a drive among the alumni of the Law School and the Graduate School of Arts and Sciences. The project is to be completed in September...