CAMBRIDGE, MA-Canyon-JohnsonUrban Funds, a Los Angeles-based investment firm, is collaboratingwith New York City-based Atlas Capital Group and Boston-based HYMInvestment Group to spend nearly $1.5 billion during the next 10years in the stalled, 44-acre NorthPoint development located nearto Kendall Square in Cambridge.
The partners propose to construct the residential, commercialand retail complexes spanning five million square feet. The jointventure between Cambridge NorthPoint LLC and Boston and Maine Corp.originally conceived the development in 2000. For the fullstory, go to Boston Globe.
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