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News Details (Posted: January 22, 2007):
DEVELOPMENT AWAITS IN NEW YEAR
Full Description:
Out with the old, in with the new will most likely be the motto for Springfield in 2007, as the Mixing Bowl is completed, the addition of HOT lanes on I-95 begins and redevelopment of central Springfield and the area around the Springfield Mall begin to move forward.
The two biggest redevelopment plans, the KSI Midtown Springfield project and the renovations at the Springfield Mall, did not change much in 2006.
The "Midtown Springfield" project is a mixed-use development planned to go in the roughly 9-acre parcel bounded by I-95, Commerce Street and Brandon Avenue.
The developer, KSI Services, Inc., proposes leveling the existing commercial areas and rebuilding a small-scale town center with roughly 800 apartment or condo units, and some retail, office and community space. The project has recently been able to incorporate the Saigon City property, a final holdout, into the overall development.
"It is now formally in the project," said Greg Riegle, attorney for the developer.
