CitySquare: money being spent, streets being named

posted by Mike on March 27th, 2007

A tipster points out that documents show the names of four streets in Worcester’s CitySquare project: an extension of Front Street, Mercantile Street, Eaton Place, and Trumbull Street.

Telegram & Gazette:

City Manager Michael V. O’Brien said all the conditions of the General Development Agreement with Berkeley Investments Inc. of Boston, the project developer, have now been satisfied, enabling the city to proceed with its first disbursement at the negotiated sum of $6.1 million.

Mr. O’Brien said the amount, nearly $1 million less than originally projected, comprises expenses in the approved DIF program — such as tenant relocations, engineering, land transfers and design — that must be done for the new public street and block pattern, the public underground parking garage and other public amenities.

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