1. Workforce, market-rate housing at South Hadley plaza will be driven by market need, owners say

    Workforce, market-rate housing at South Hadley plaza will be driven by market need, owners say

    Workforce housing, subsidized units targeted to households making about 80% of the community’s median income, will be part of the 72-unit apartment building proposed Wednesday for the former Big Y site in the Woodlawn Plaza, 501 Newton St. And the plaza owners hope to have Springfield-based Wayfinders housing agency manage the building. The building will be called The Park at Woodlawn, according to drawings shared Wednesday. It will be four stories tall and cover about a three-acre portion of the property.

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      Aerospace/Defense, Business Development, Creative Economy, Education, Energy, Entrepreneurship, Financial Services, Green Region, Health Care, Information Technology, Life Sciences, Logistics, Manufacturing, Medical Devices, Paper Manufacturing, Plastics, Retail, Tourism, Transportation, Workforce
  2. Quotes

    1. We are talking with Wayfinders. We are trying to figure out exactly what it would look like and feel like at the end of the day.
    2. There will be some market-rate units, there will be some workforce-rate units. At this point we don't have it specifically defined.
    3. We were not able to find a supermarket or a big retailer for the space.
    4. You are seeing this all over the country where shopping centers have had a hard time adjusting to the new retail economy.
    5. It's good to see that people are committing to South Hadley and investing in it.
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