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The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale or lease, or withdrawal without notice. THE SEAPORT AT CORDAGE PRIME RETAIL OPPORTUNITY PLYMOUTH, MA

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Page 1: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale or lease, or withdrawal without notice.

THE SEAPORT AT CORDAGEPRIME RETAIL OPPORTUNITY

PLYMOUTH, MA

Page 2: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

ExECUTIvE SUMMARY

The Seaport at Cordage

The Seaport at Cordage is a smart growth, transit-oriented, mixed-use development project located on the shoreline of Plymouth, Massachusetts. The property was once the site of the Plymouth Cordage Company rope works facility. The project will contain a mix of residences, shops, businesses, civic spaces and recreational amenities in close proximity of one another.

This is a state reviewed, shovel-ready project that is fully permitted with a MEPA certificate. It is a mixed use • development that will open the shoreline to the public and promote economic activity in the region.

The Town of Plymouth has approved this as a 40R smart Growth District. •

It designated as an Economic Target Area (ETA) which offers benefits such as a 5% Investment Tax Credit for • qualifying investments ( 5% of the cost or other basis for Fed. Income Tax purposes for tangible personal property and other tangible property which is depreciable and has a useful life of four years or more).

Site-Plan approval has been given by the Town of Plymouth •

In November 2008, Governor Patrick and Senate President Murray held a joint press conference on site along • with the Executive Office of Housing and Development (EOHED) to designate the project as a “Growth Initiative District”

The project is located in a prominent position within a waterfront mill complex which has been transformed from • a former historic rope factory into a successful office and retail complex featuring unique brick, beams, high ceilings and arched windows. The adjacent office portion of the complex enjoys very low vacancy. Other tenants include UMass Boston, Jordan Hospital, The Plymouth Area Chamber of Commerce, Plymouth Rock Studios, Fresenius Medical, Quincy College, South Coastal Career Center, Senator Therese Murray, Representative Tom Calter, PMG Physicians Group and over 50 other companies who are capitalizing on the booming Plymouth County market.

There is an MBTA rail stop on the property to encourage efficient use of mass transport and the site also serviced • by the GATRA bus line.The project at full build-out will create 675 units of housing & provide public access to Plymouth Bay.•

Mass Development has reviewed Phase One for the construction of 150 apartment units and has voted approval • for revenue bond financing. Mass Housing has given a commitment for permanent financing. The developer of these units, Abbott Real Estate Development, Inc., has obtained all of their permits and they expect to break ground 2nd quarter of 2010.

Page 3: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

TRADE AREA

Main StMain StMain StMain StMain StMain StMain StMain StMain St

Smiths Ln

Smiths Ln

Smiths Ln

Smiths Ln

Smiths Ln

Smiths Ln

Smiths Ln

Smiths Ln

Smiths Ln

Soule Ave

Soule Ave

Soule Ave

Soule Ave

Soule Ave

Soule Ave

Soule Ave

Soule Ave

Soule Ave

Land

ingRd

Land

ingRd

Land

ingRd

Land

ingRd

Land

ingRd

Land

ingRd

Land

ingRd

Land

ingRd

Land

ingRd

Park

s St

Park

s St

Park

s St

Park

s St

Park

s St

Park

s St

Park

s St

Park

s St

Park

s St

Bay RdBay RdBay RdBay RdBay RdBay RdBay RdBay RdBay Rd

Summer St

Summer St

Summer St

Summer St

Summer St

Summer St

Summer St

Summer St

Summer St

Howlands Ln

Howlands Ln

Howlands Ln

Howlands Ln

Howlands Ln

Howlands Ln

Howlands Ln

Howlands Ln

Howlands Ln

Brook StBrook StBrook StBrook StBrook StBrook StBrook StBrook StBrook St

Elm

StEl

mSt

Elm

StEl

mSt

Elm

StEl

mSt

Elm

StEl

mSt

Elm

St

Cherr

y St

Cherr

y St

Cherr

y StCh

erry St

Cherr

y StCh

erry St

Cherr

y St

Cherr

y St

Cherr

y St

Samoset St

Samoset St

Samoset StSamoset St

Samoset StSamoset St

Samoset St

Samoset StSamoset St

Court St

Court St

Court St

Court St

Court St

Court St

Court St

Court St

Court St

Standish Ave

Standish Ave

Standish Ave

Standish Ave

Standish Ave

Standish Ave

Standish Ave

Standish Ave

Standish Ave

Pilgrim's HwyPilgrim's HwyPilgrim's HwyPilgrim's HwyPilgrim's HwyPilgrim's HwyPilgrim's HwyPilgrim's HwyPilgrim's Hwy

Summer St

Summer St

Summer St

Summer St

Summer St

Summer St

Summer St

Summer St

Summer St

ain Stain Stain Stain Stain Stain Stain Stain Stain St

EXIT 10EXIT 10EXIT 10EXIT 10EXIT 10EXIT 10EXIT 10EXIT 10EXIT 10

EXIT 9EXIT 9EXIT 9EXIT 9EXIT 9EXIT 9EXIT 9EXIT 9EXIT 9

EXIT 8EXIT 8EXIT 8EXIT 8EXIT 8EXIT 8EXIT 8EXIT 8EXIT 8

EXIT 7EXIT 7EXIT 7EXIT 7EXIT 7EXIT 7EXIT 7EXIT 7EXIT 7

EXIT 6EXIT 6EXIT 6EXIT 6EXIT 6EXIT 6EXIT 6EXIT 6EXIT 6

COLONY PLAZA

SupercenterSupercenter

MYLES STANDISH PLAZA

PILGRIM HILL PLAZA

Tuesday Morning

PLYMOUTH

KINGSTON

INDEPENDENCE MALL

KINGSBURY SQUAREOcean State

JOBLOT

Ocean State

JOBLOT

SEAPORT AT CORDAGECORDAGE COMMERCE CENTER

1.4 MILLION MIXED USE

Page 4: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

PROjECT PROfILE

Site Size: 55 acres +/- •

Total GLA: 1,400,000 SF•

Retail GLA: 40,000 SF•

Parking Ratio: 5:1•

Traffic Count: • 20,000 ADT (projected)

Drive-Thru: Yes•

Pylon Sign: Yes•

Traffic Signal: Yes•

Utilities: Town Water, Town • Sewer, Natural Gas

Zone: Waterfront Harbor•

Freetown-Fall River SFFreetown-Fall River SFFreetown-Fall River SFFreetown-Fall River SFFreetown-Fall River SFFreetown-Fall River SFFreetown-Fall River SFFreetown-Fall River SFFreetown-Fall River SF

Cape Cod National SeashorCape Cod National SeashorCape Cod National SeashorCape Cod National SeashorCape Cod National SeashorCape Cod National SeashoCape Cod National SeashoCape Cod National SeashoCape Cod National Seashor

Camp EdwardsCamp Edwards

Myles Standish State ForestMyles Standish State ForestMyles Standish State ForestMyles Standish State ForestMyles Standish State ForestMyles Standish State ForestMyles Standish State ForestMyles Standish State ForestMyles Standish State Forest

BERKLEY

AVON

BARNSTABLE

BOURNE

BROCKTON

BOSTON

DARTMOUTH

DENNIS

DUXBURYEASTON

FALMOUTH

ABINGTON

ACUSHNET

E. BRIDGEWATER

BRAINTREE

BRIDGEWATER

BROOKLINE

CANTON

CARVER

CHELSEA

COHASSET

DIGHTON

FREETOWN

EVERETT

FAIRHAVEN

FALL RIVER

HOLBROOK

KINGSTON

D

MASHPEE

MELROSE

MIDDLEBOROUGH

HALIFAX

HANSON

HINGHAM

HULL

LAKEVILLE

MALDENNAHANT

ORTON

PLYMOUTH

PLYMPTON

QUINCY

ROCKLAND

SCITUATE

MARION

MATTAPOISETT

MEDFORD

MILTON

PROVINCETOWN

RANDOLPH

RAYNHAM

NEW BEDFORD

NORWELL

ARON

SOMERSET

SOMERVILLE

REVERE

ROCHESTER

SANDWICH

SAUGUS

STOUGHTON

WAREHAM

TAUNTON

W. BRIDGEWATER

WESTPORT

WHITMAN

YARMOUTH

WEYMOUTH

WINCHESTER

WINTHROP

CAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODCAPE CODBARNSTABLEBARNSTABLE

CAPE CODBAY

Page 5: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

PROjECT HIGHLIGHTS

Signalized Intersection•

High Visibility & Traffic Count•

New Center in Front of 2 Million SF Mixed-Use • Development

Public Transportation: • On-Site Including MBTA Commuter Rail GATRA Bus Service

800 Employees On-Site with Emphasis on Medical•

Over 3,000 People When Fully Developed •

Page 6: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

MASTER PLAN

B-110

B-120

B-130

B-140

B-150

B-160

B-600

B-500

B-800

B-1000 B-1100

B-3600

B-1500B-1600

B-1

40

0

EXISTING SMOKESTACK TO REMAIN

REFLECTINGPOOL

POOL

EXISTINGMARINA

OBSERVATORY PIER(PUBLIC ACCESS)

RAIL STOP

SHORELINE

SHO

REL

INE

SHORELINE

STAIRS

RAMP

RAMP

N/F

RIC

HAR

D W

. DAV

IS F

UN

ERAL

HO

ME

08 E

GA

P 07961 K

OO

B D

EE

D ASSE

SSO

RS

MA

P 1

LOT

2B

EIGHT MATES TRUSTDEED BOOK 3970 PAGE 610

ASSESSORS MAP 6 LOT 62B

EIGHT MATES TRUST

MASSACHUSETTS BAY TRANSPORTATION AUTHORITY MASSACHUSETTS BAY TRANSPORTATION AUTHORITY

GAZEBO

COURT

STREET

SANDRI

RO

PE

WA

LK C

OU

RT

(ROUTE 3A)(VARIABLE WIDTH - 1998 TOWN WAY ALTERATION)

STORE POND

MILL PONDWATER ELEVATION=21.6

FOO

T BR

IDG

E

FOO

TBR

IDG

E

WETLANDS

WETLANDS

WETLANDS

WETLANDS

TRAFFICSIGNAL

W

SPEE

DBU

MP

SPEEDBUMP

SPEEDBUMP

SPEE

DBU

MP

EOP

EOP

EOP

EOP

EOP

EOPEOP

EOP

POE

EOP

EOP

EOP

EOP

LOADING PLATFORMLOADING PLATFORM

LOADING PLATFORM LOADING PLATFORM

1853 N.H.W.M.

1853 N.H.W.M.

1853 N.H.W.M.

CONC

RETE

WAL

L

LIMIT OF OVERHANG

LIMIT OF OVERHANG

LIMIT OF OVERHANG

LIMIT OF OVERHANG

PUMPHOUSE

REVERE COPPER BUILDING

PASSENGER CANOPY

LOAD

ING

DOCK

BUILDING NO. 1

#10 CORDAGE PARK CIRCLE

BU

ILD

ING

NO

. 3#3

6 C

OR

DAG

EPA

RK

CIR

CLE

BUILDING NO. 11#65 CORDAGE PARK CIRCLE

BUILDING NO. 12#49 CORDAGEPARK CIRCLE

BUILDING NO. 7 - "MILL STORES"DO

OW

GNI

DLIUB

WATER DEPENDENTUSE ZONE

WATER DEPENDENT USE ZONE

WATER DEPENDENTUSE ZONE

PLYMOUTH HARBOR

PLYMOUTH HARBOR

SE

E IN

SE

T "A

"M

ATC

H L

INE

40,000 SF OF RETAIL40,000 SF OF RETAIL

525 Residential unitsapproved by Town

Phase II

150 Residential units approved by Town

Phase I

Existing 54 Slip Marina with expansion plans for 250+ slips & restaurant on pier

Phase II

350,000 sf office complex which is 95% occupied

Page 7: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

DEvELOPMENT HIGHLIGHTSPHASE I

150 Residential Units with 159 below grade parking spaces•

40,000 Square Feet of Open-Air Retail space•

Grand boulevard entrance way with raised median and • landscaping

5-foot wide bicycle lane and lighted walkways throughout•

28,000 sf Landscaped Pocket Parks for each of the • Residential Buildings

111,000 square foot Public Park Around Mill Pond•

98,642 sf of reduced impervious area•

Dedicated Parking for Commuters using the MBTA•

Groundwater Recharge and Infiltration Areas•

Improved storm water quality through the use of Best • Management Practices and devices

Page 8: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

PHASE I AERIAL

Page 9: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

CORDAGE PARK APARTMENTS

Cordage Park Apartments is a 150-unit low-rise apartment project which has being permitted under Chapter 40R of the Massachusetts zoning statute. The

development will be comprised of two three-story, elevatored apartment buildings to contain 70 units and 80 units respectively.

All of the approvals necessary to construct the project have been received from the town and from the state. The developers have received a permanent loan commitment from Mass Housing Partnership, and have also received term sheets from Bank of America and PCI Fund for the construction loan.

The Developer is Abbott Real Estate Development, LLC. Abbott has developed over 1,000 for-sale and for-rent apartment units at a total cost in excess of $200 million throughout Massachusetts. The general contractor is Plumbhouse, Inc., one of the premier apartment builders in the state.

Construction will be wood-frame, three stories high. Each building will be built over parking, providing a total of 159 covered spaces. An additional 160 surface parking spaces will be provided for at total of 319 parking spaces, or 2.13 spaces per unit. Common amenities will include a fitness center, media room, club room, business center, library, and outdoor swimming pool. Unit amenities will include wall to wall carpeting, multiple communications hookups in all rooms, washers and dryers, energy efficient HVAC systems with independent climate control, walk-in closets and large windows for ample light and views.

Page 10: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

DEMOGRAPHIC PROfILE

Trade Area:Population Median HH Inc

3-Mile 22,245 54,591.00$ 5-Mile 46,743 67,439.00$ 7-Mile 69,207 72,002.00$

Drive Time Population:Establishments Median HH Inc

5-Min 23,145 53,101.00$ 10-Min 64,113 71,631.00$ 15-Min 127,568 71,549.00$

Page 11: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

in the pressHome | About | Advertising | Subscribe | Events | Contact

Cordage Park: Two brothers’ vision is coming into

stark focus by Glenn RittJoe and Lou Jannetty’s latest endeavor seems to have all the elements for success – the 3-quarter-mile waterfront,

the Old Colony train station, the surrounding infrastructure, Plymouth’s rapidly changing demographics and

economy.But achieving their dream is poised even more upon the brothers’ collective vision, stamina and imagination, all

built on a closely knit family’s platform of trust and rapport.

Only a few years ago, Lou led a marketing company whose clients included the biggest video game producers in the

world. Joe was a New York City real estate developer and manager.

Today, they own Cordage Park, weaving together the dilapidated remains of the nation’s largest 19th-century rope

factory, the failed efforts of a recent retail mall and the abandoned home of Wal-Mart’s original Plymouth location

into a Quixotic vision that is steadily – some would say surprisingly – coming into stark focus.

“Ultimately, you must believe in your vision,” said Joe. “Have we ever tried to calculate the rewards of our risk?

Honestly, the project is too big for that. Variables can change on a dime. All you can do is put your head down,

trudge along and believe deep in your heart that it will happen. Eventually, you will get all the government

approvals, the tenants will come and others will all buy into the vision.”

Commercial tenantsTwo of the buildings they purchased have been renovated from failed retail outlets to a 350,000-square-foot

sophisticated commerce center that is almost fully occupied, home to some 70 businesses.

The most significant tenant may be Jordan Hospital, which rented 10,000 square feet and immediately attracted

enough similar tenants to forge an entire health-care and medical wing for Cordage Commerce Center.

A Lighthouse Fitness center, Roo Bar restaurant, two colleges, technology companies like software developer F.W.

Davison and the Plymouth Area Chamber of Commerce weave a highly diversified tenant population that reflects

the county’s own growth as a home for health care, education and technology.

Chapter 40RThe ability to leverage Chapter 40R (see separate story) allows JD Cordage LLC, the parent company, to not only

open up the shoreline, but also revitalize the still-abandoned parts of the industrial complex along the waterfront

into a community with up to 675 residential units, more retail and office space, a new boardwalk, a marina and a

restaurant on the pier accommodating outdoor dining.

About 200 residential units will overlook the harbor just south of the pier, on the site where the largest assembly

Page 1 of 4

Cape Business Publishing: Cordage Park: Two brothers’ vision is coming into stark focus

2009-05-01

http://www.capebusiness.net/article/1089

Home >

November 17, 2008 - For immediate release:

Governor patrick Announces plymouth Growth District at Cordage park

innitiative Will expedite Commercial and residential Development

PLYMOUTH– Monday, November 17, 2008 – Governor Deval Patrick and Senate President Therese Murray today

joined local officials to announce the Cordage Park Growth District at Plymouth’s Seaport.

“Growth Districts are hubs for planned areas of economic growth and housing development across the

Commonwealth,” said Governor Patrick. “By identifying these districts and focusing our collective resources on

making each one development ready now, we are creating the conditions for business growth and community

vitalization for years to come.”

The Plymouth Growth District is located at Cordage Park, located by the seaport and owned by Janco Development.

The seaport area includes 55 acres of waterfront property as well as a 250-slip marina. The Seaport at Cordage Park

will include 1.45 million square feet of mixed-use development including retail, office and hotel space, as well as

property for 675 residential units. The site guarantees permitting on all sites to be completed within 75 days.

“Utilizing existing infrastructure and buildings to meet the needs of our community is good for residents and good

for our town,” said Senate President Therese Murray. “The Seaport at Cordage is a blueprint for smart growth

projects across the state, and by being named a Growth District, the development will have cooperation across state

agencies and the tools to more effectively and efficiently complete this project.”

Through the Growth Districts Initiative (GDI), the Patrick Administration partners with municipalities that have

identified one or more areas for significant commercial, residential or mixed-use growth. The Executive Office of

Housing and Economic Development (EOHED) will focus resources to ensure each growth district is

truly “development ready,” such as assisting communities secure all required permits, completing site preparation,

identifying infrastructure improvements and making marketing resources available. Each district will be put on a

fast track for groundbreaking. ###

Contact:

Kyle Sullivan

Kim Haberlin

Becky Deusser

617-725-4025

Kofi Jones (HED)

617-788-3652

DEVAL L. PATRICK

GOVERNOR

TIMOTHY P. MURRAY

LIEUTENANT GOVERNOR

© 2009 Commonwealth of Massachusetts

The official website of the Governor of Massachusetts

Mass.Gov

Office of the Governor

Page 1 of 1

Official Website of the Governor of Massachusetts - - Press Release

2009-05-01

http://www.mass.gov/?pageID=gov3pressrelease&L=1&L0=Home&sid=Agov3&b=pressrelease&f=...

Front pagethe tellereditorial and Opinionprofile in Commerce

Banking & LendingCommercial & industrialresidential real estate

By the numberspeoplereal estate records

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Issue of May 29, 2006

Towns Create Smart-Growth Districts

By Aglaia PikounisThree towns became the first in Massachusetts to

establish smart-growth zoning districts this month

under new state laws that offer cash payments to

communities that encourage housing development

near town centers and public transportation and in

underutilized or abandoned properties. The creation of the districts in the three towns –

Plymouth, North Reading and Norwood – could

lead to the construction of more than 1,100 housing

units under the laws known as Chapter 40R and

40S.

In Plymouth, Town Meeting unanimously approved

a zoning change that will enable a developer to

transform a complex of abandoned factory

buildings into a community with up to 635 new

homes as well as shops and restaurants.

North of Boston, voters in North Reading agreed to the creation of a zoning district that

will pave the way for 406 apartments and an office park on the grounds of a state hospital

that has been closed for at least seven years.

Supporters of Chapter 40R and 40S, laws that provide financial incentives to cities and

towns that promote the construction of high-density developments with affordable housing

in so-called smart-growth locations, say the latest approvals could help build momentum

and push other communities that have traditionally resisted dense housing projects to adopt

smart-growth zoning. “Everybody involved with the genesis of 40R and 40S is delighted at the way that

communities are responding,” said Eleanor White, a member of the task force that spurred

the passage of the two laws. “There’s been a lot of press about how things seem to be slow

taking off and actually we believe just the opposite.”

White noted that Chapter 40S – which helps communities pay for extra educational costs

stemming from new development in the smart-growth districts – was passed in late

November. Given that both 40R and 40S have been available for only a few months, it’s

“quite remarkable” that three communities have already passed smart-growth zoning

districts and another 25 to 30 are “actively working on 40R districts,” said White.

“I’m getting calls from communities [that are interested in Chapter 40R] daily,” said

White, president of Housing Partners Inc. in Waltham.

ELEANOR WHITE ‘Delighted’ by response

Page 1 of 4

Towns Create Smart-Growth Districts

6/8/2006

http://www.bankerandtradesman.com/issues/5_233/residential/193247-1.html

© Copyright 2006 The New York Times Company

THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

GLOBE EDITORIAL

housing for plymouth

May 19, 2006

A PROPOSAL to build more than 600 housing units in an abandoned factory complex makes so much sense that it

probably doesn't require the incentives contained in the state smart growth program to gain the approval of Plymouth.

But if the Town Meeting endorses a zoning change tomorrow, it will still be a landmark occasion -- one of the first

major approvals under the state smart growth housing laws.

The Legislature approved smart growth to help communities that allow housing on smaller-than-usual lots, preferably

close to town centers and public transportation. Laws were passed in 2004 and 2005, known as Chapters 40R and

40S, but communities have been slow to take advantage of them. Desire for local control provides a powerful incentive

for inertia.

The Plymouth development shows that smart growth is compatible with local oversight. The zoning revision has

already been examined, amended, and endorsed by the North Plymouth Steering Committee, the Advisory and

Finance Commission, the Planning Board, and the selectmen. By putting Cordage Park zoning under the smart growth

program, the town is assured of $600,000 from the state and perhaps $2 million more depending on the number of

housing units. The town will also get help with school costs if necessary.

In return for approving the housing, the town gets sensitive redevelopment of the vast Plymouth Cordage factory, once

the leading rope maker in the world. In place of derelict buildings and an abandoned Wal-Mart, the town will get more

than 600 apartments, 20 percent of them at below-market rates, new shops and restaurants, and a 3/4-mile

harborwalk along the North Plymouth waterfront.

The site is especially desirable because it is the terminus of a commuter rail line from Boston. Plymouth residents are

already accustomed to activity there, from the Wal-Mart in operation from 1996 until it moved across town last year

and from conversion of two factory buildings into offices starting in 2001. Lee Hartmann, town director of planning, has

heard of no opposition to the housing.

A couple of miles away, next to the Kingston commuter rail stop, another large site is prime for development, but the

Kingston town meeting has said ''no" twice. These votes came before the smart growth laws were passed, and another

developer has come up with a 700-unit proposal. The selectmen will hold a hearing on his plan June 13.

In quieter Kingston, a housing development is a tougher sell than in Plymouth, but many people in town know that this

land will not lie fallow forever. Smart growth means the town shapes the plan and reaps a reward from the state. This

sounds like an approach Kingston ought to be following, too.

Page 1 of 1

Housing for Plymouth - The Boston Globe

5/19/2006

http://www.boston.com/news/globe/editorial_opinion/editorials/articles/2006/05/19/housing_for_...

Page 12: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

THE DEvELOPERS

M i s s i o n s ta t e M e n t : “ To b r i n g e n T h u s i a s m a n d e x p e r T i s e To e v e r y p r o p e r T y, e v e r y d ay, To m a x i m i z e va lu e .”

Janco is aggressively acquiring real estate in major markets with long term added value opportunities.

JANCO Development is a private real estate investment and development company with a diverse portfolio nationwide. Our portfolio is in excess of 3.5 million square feet located in Massachusetts, New York, Connecticut, Florida and Colorado.

Current holdings cover all asset classes including residential, office, retail, industrial flex, hotels, parking and developable land parcels.

JANCO has a team of seasoned real estate professionals with experience acquiring, developing, repositioning, leasing and managing real estate.

With a proven track record of success in creating lasting value in real estate investment, JANCO’s mission statement is:

To bring enthusiasm and expertise to every property, everyday to maximize value.”

© 2006 JANCO DEVELOPEMENT

Page 1 of 1JANCO DEVELOPMENT

12/15/09http://www.jancodev.com/index.htm

JANCO Development is a private real estate investment and development company with a diverse portfolio nation-wide. Their portfolio is in excess of 3.5 million square feet located in Massachusetts, New York, Connecticut, Florida and Colorado. Current holdings cover all asset classes including residential, office, retail, industrial flex, hotels, park-ing and developable land parcels.

JANCO has a team of seasoned real estate professionals with experience acquiring, developing, repositioning, leasing and managing real estate. With a proven track record of success in creating lasting value in real estate investment.

Page 13: THE SEAPORT AT CORDAGE€¦ · The information contained herein is from sources deemed reliable, however no representation or warranty is made to its accuracy, and is submitted subject

CONTACT:

Developed By:

Janco Development, LLC 508-746-7707

www.jancodev.com

Retail Leasing Inquiries:

Deborah MeyersParamount Partners, LLC

781-848-1550 x [email protected]

www.paramountpartners.com