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Thursday, February 19, 2009

Harvard Slows Its Growth in a Boston Neighborhood

We don't know if this is going "from eating brie to cheddar," but even Harvard University is finding that the financial crisis has an impact on its expansion plans into the Allston neighborhood:

The university is reviewing its plans for a four-building, $1 billion science center in Allston, which is across the Charles River from the Cambridge campus. It was scheduled to be completed in 2011.

The university plans to finish the complex’s foundation and build to ground level, but plans after that are uncertain.

“As we approach the end of the current construction phase,” the university president, Drew Gilpin Faust, said in a letter to the Harvard community, “we will examine whether economic conditions are enough improved to allow us to continue construction, or whether to reconfigure the building in ways that yield either new cost savings or new space realization, or whether we need to pause construction.”

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