Waltham's Merc at Moody & Main sparked the whole trend: "Natick just saw an industrial building converted into new market-rate and affordable apartments, the third major residential project downtown in the last few years. In Wellesley Center, the frame of the posh new Belclare condo complex stands on the site of the old Wellesley Inn, with buyers already lining up for units ranging in price from $1.4 million to $3.2 million..." [Globe]
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