BOSTON-Developers are continuing to build new constructions amid a stagnant economy. The Development and Marketing Group has proposed a 100-to-120-room hotel next to the Wyndham Boston Chelsea hotel in Everett Avenue, Chelsea.
Meanwhile, Boston-based Synergy Investment and Development has started a $20 million project on One Webster to construct a 5,000-square-foot retail center and 120 units of rental housing. Boston-based Transdel Corp. has also proposed a 238-unit rental housing in Everett Avenue. For the full story, go to Boston Globe.
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