Wicked Local Framingham | By Jim Haddadin
April 10, 2017
FRAMINGHAM — As plans for a five-story residential building on Concord Street take shape, members of the Planning Board are wrestling with a chicken-or-egg dilemma.
Will new shops provide an incentive for residents to spend more time downtown? Or can high-end housing alone turn the area around, drawing tenants with enough disposable income to make the area more desirable?
The issue arose during a pair of public meetings in March and April as the Planning Board reviewed designs for a major residential development at 75 Concord St.
A national development company with a string of luxury apartment buildings in its portfolio is ready to erect nearly 200 units on the block.
Town Meeting members gave their blessing to the project in February, agreeing to forego several million dollars in property taxes as an incentive to get it off the ground.