1. Housing development could be headed for Springfield Plaza as owner looks to move on from ailing retail economy

    Housing development could be headed for Springfield Plaza as owner looks to move on from ailing retail economy

    The owners of Springfield Plaza think housing might be a viable redevelopment option for at least parts of the sprawling 72-acre complex in the city’s Liberty Heights neighborhood. “That property needs to transition into uses that are more in demand,” said Charles Irving, president of Boston-based Davenport Companies, one of the owners of the plaza and the company that takes the lead in managing the property. “Retail is suffering.”

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    1. That property needs to transition into uses that are more in demand.
    2. Shopping malls or plazas must adapt to the changing retail climate. The owners are thinking creatively about the future.
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