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June 3, 2011
Coming Soon: A Town Within a City
The New York Times
by Elsa Brenner
Double oops! Just as it did on Wednesday, The Times forgets to mention its cozy relationship with Forest City Ratner Companies.
Home to a residential drug addiction center in the 1970s, and then the headquarters of a major electronics warfare company, an 81-acre site here along Interstate 87 is now being reincarnated as a mixed-use community.
The road from the property’s former identities to the new one has been long and tortuous — marked by opposition from residents, legal action by neighboring communities worried about additional traffic, and accusations of misconduct on the part of political insiders. That’s not to mention the effect of the recession, which slowed down construction of both the housing and retail components of the project.
It is now more than a decade since the idea for a townlike development was conceived in this city of 196,000 people — and sections of the $660 million Ridge Hill Village, as the project developed by Forest City Ratner Companies is called, are finally opening.
Posted by eric at June 3, 2011 10:04 AM