NEWTON, MA — Greater Boston’s largest chamber of commerce, representing hundreds of area businesses, has thrown its weight into the conversation surrounding Northland Investment Corporation’s project, proposed for the old mill factory near the corner of Needham and Oak Streets. It’s the largest multi-use development that Newton has seen in a very long time.
Northland Investment Corporation’s project would redevelop a 22.6 acre area including the old mill. Its most recent iteration will include 800 units of apartments, including 140 deemed affordable – something especially essential to chamber members who have said they’ve had trouble attracting and retaining workers for lack of housing.
In a letter to city council Thursday, Chamber President Greg Reibman said the chamber was throwing its weight behind the project and urged the city to support a special permit set to go before the board Monday.
“This proposal won’t just transform 22 acres into a vibrant, thoughtful, sustainable, amenity-rich community,” said Reibman. “It will activate and energize Needham Street and beyond; bringing new business, new jobs, new tax revenue and vitality to our city.”