Labor Day has passed and the true summer of 2011 is beginning to be a faded memory as back to work and school sets into high gear. This month, the Mass. Legislature's Joint Committee on Telecommunications, Utilities, and Energy (JCTUE), held two public hearings on seven bills related to wind turbines, their siting, the restrictions, and the approval and appeal process. Among the bills was the re-introduction of "An Act relative to Comprehensive Siting Reform for Land-based Wind Projects" sponsored by Representative Frank Smizik of Brookline and others. The bill is similar to one introduced in 2010, designed to enable smaller facilities, including wind-power land-based facilities that generate 2 or more megawatts (MW), to access a streamlined permitting process. In comments by the State House News Service, it described the 2010 version of the bill as one in which "[b]ill backers say it streamlines the project approval process while retaining the ability of local boards to reject proposals, in an attempt to facilitate new renewable energy supplies, but the bill's opponents, citing pockets of local opposition and alleging preferential treatment for wind projects, blocked the bill." Opponents are also questioning potential adverse health impacts of wind turbines and a seven member panel of health officials and academicians met during the summer to solicit comments and pursue scientific evidence. The state totals green energy efforts, as of September 1, 2011 with: total installed wind capacity of 40 MW out of a goal of 2,000 MW by 2020; 57 MW of solar capacity out of a goal of 250 by 2017; and 74 communities designated as new "green communities." However, it is still unclear whether a land based wind-siting bill will garner the support it needs to be passed and procedurally be enacted.
Susan Bernstein is an attorney at law, Needham, Mass.
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary