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Cross Point Sells for $100 million
The Cross Point towers on Chelmsford Street sold yesterday for $100 million (yes, that’s “One Hundred Million Dollars”). The seller was Cross Point Limited Partnership and the buyer was CP Associates LLC, a Delaware corporation with a Massachusetts office at One Post Office Square in Boston. Financing for the sale…
Read More »Lowell Week in Review: June 29, 2014
This post is later than usual today because I just got back from a few days on a remote beach on the coast of Maine where the was plenty of reading, relaxing and some excellent blueberry pancakes for breakfast each day. Once home, a quick scroll through Facebook (which is…
Read More »Congratulations to Mayor Armand LeMay
Congratulations to former Lowell Mayor and City Councilor Armand W. LeMay. This coming Saturday, June 28, 2014 at 11 am, the city of Lowell will formally dedicate the Armand W. LeMay Garden which is located on University Avenue, directly across the street from the Pawtucketville Social club (which is at…
Read More »Pickleball
At last night’s city council meeting, Bill Martin made a motion that the city recreation department consider adding pickleball to the other sports, activities and games offered to those participating in summer programs at the city’s parks. I had never heard of pickleball and wondered if it was in any…
Read More »Lowell City Council meeting: June 24, 2014
Citation to Cobblestones on their 20th anniversary of opening in Lowell. Councilor Rourke motion that city join FEMA’s Community Rating System. This helps residents in flood plain get reduced rates on flood insurance. Several people speak in favor of it. Passes unanimously. Mayor Elliott motion re improving pedestrian crossing of…
Read More »“Audit Scrutiny” by John Edward
John Edward teaches economics at Bentley and UMass Lowell. He’s a frequent contributor of columns on economic issues. Here is his latest: A billion dollars is a lot of money. When the government is spending taxpayer money we need to keep a very close eye on it. We need audit…
Read More »“Working the Water” canal boat tour
Some relatives from Texas were in town this weekend on a quest to learn more about their Lowell roots. Besides visiting all the ancestral homesteads and other family-specific spots, we took the Working the Water canal boat tour from the Lowell National Historical Park which was superb. I’ll write a…
Read More »Lowell Week in Review: June 21, 2014
The City Council held a special meeting to review City Manager Kevin Murphy’s proposed FY15 budget. After three hours of questions and discussion, the council adopted the $333,987,477 budget in its entirety. The council cannot add to the budget or shift money within it but can only make cuts. Only…
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