Word: trust
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Dates: during 1990-1999
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According to Shoshana Weiner '98, Home Realty Trust, the landlord of Central Square Plaza, intends to knock down stores in the plaza to make way for a multi-level complex featuring luxury apartments, chain stores such as the GAP and a parking garage...
Central Square residents have been battling Holmes since last spring, when the trust proposed to demolish four buildings that have stood since the turn of the century and replace them with an 11-story monolith. The Cambridge Planning Board will deliberate on Holmes' revised proposal tonight. If they give the go-ahead, the bulldozers would roll in early April...
...then, having leveled the heart of Central Square, the Holmes Trust now proposes to build six stories of upscale shops and apartments, renting out the district and generating windfall profits for all concerned. Everyone, that is, except the people who currently live and work in Central Square. The developers have been met with opposition everywhere they have gone to peddle their plans. More than 3,000 residents have signed petitions opposing the project, and hundreds of people have packed every city organization meeting considering the special permissions the project needs because it violates planning and zoning board requirements...
...community has united behind three simple demands: No Demolition, No Special Permits and Preservation of Affordability. The Holmes Trust has consistently refused to negotiate with representatives of our community, preferring to meet behind closed doors with city bureaucrats. Indeed, wherever possible they have circumvented the public review process by submitting key materials at the last minute, often after the period for public comment has expired. Indeed, the revised proposal the planning board is set to consider this evening was submitted only last week, long after public hearings were concluded...
...open, accessible, affordable, diverse, familiar, people-friendly community. Any new developments must protect the physical and social environment of Central Square and preserve its cultural and economic diversity. Our community has the right to determine its own future democratically. We will not stand by as the Holmes Trust sets out to rip the heart out of Central Square...