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But according to Wolf, the opening of Charles Hotel in 1985 “[drew] people from all over the world,” transforming the Square into a more international landmark.
According to Denise A. Jillson, executive director of the Harvard Square Business Association, a recent survey showed that 80 percent of the 369 businesses in the Square are in fact independent. National companies account for another 15 percent, and regional chains such as J.P. Licks and Boloco make up the...
“[They’re] going back a little bit to the idea that at least some things in Harvard Square ought to be unique to Harvard Square,” Wolf said.
Despite these statistics, several businesses in the Square, as well as long-term Cambridge residents, have noted a continuing transformation from unique shops to a higher prevalence of national chain stores and banks.
Paul J. MacDonald, current owner of the 126-year-old tobacco shop Leavitt and Peirce, said he believes that real estate in the Square has been increasingly leased out to tenants who can pay the highest rent, rather than to those who are appropriate for the Square.