Word: projects
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...past two years, Boston's plans, like those of most cities, have been slowed by inflation, recession and the gradual drying up of federal urban renewal funds. Even so, two new projects are almost ready to go. On the southern edge of downtown, an old railroad terminal will be improved to serve as a transportation center that should anchor other developments in the area. In the very heart of the downtown retail area, demolition has begun on the site for a $220 million shopping project like no other in the U.S. Called Lafayette Place, it will include department stores...
...only 31/2 minutes away by aerial tramway (TIME, May 24). There is even a pneumatic garbage system that whisks household refuse to a central disposal plant. Perhaps most important, and maybe at some risk, Roosevelt Island mixes income groups-rich, middle class and poor. Opened late last year, the project has leased one-third of its 2,100 rental units and sold 27 of its luxury apartments-for $18,500, plus $658 a month maintenance. It is too early to tell if this brave new town will prosper. But the concept is vital, and Roosevelt Island is being closely watched...
Boston got the message. Along its historic waterfront, it is quietly working on the nation's largest federally aided renovation project. Already, a number of 19th century wharf buildings have been made into 1,500 units of elegant middle-income housing. No sooner does one batch of apartments come on the market (rents start around $500 per month) than they are snapped up, proof that many well-to-do people will choose good downtown housing over the pleasures of the green suburbs...
Turning that vision into reality proved a long and arduous task. The cost of buying the buildings and refurbishing them would come to $30 million; banks refused to lend that much unless the project could come up with some major tenants. In 1972 Shopping Center Developer James Rouse, convinced that a lively, unique urban market contained a high potential for profit, joined the cause. His commitment opened the taps of private and public money...
Other firms have been seeking ways to obtain cheap energy by harnessing the power of the sun or wind. The Boeing Company of Seattle is working on a project called Powersat, which involves assembling a nine-mile-long solar-heat collector in space; once assembled, it can ride along in orbit beaming the sun's power back to earth. On a more mundane level, Boeing has a contract with the Energy Research and Development Administration to develop a 10 million-watt power plant using heliostats-mirror-like reflectors that would catch the sun's rays and reflect them...