The new owner of a string of buildings in Cambridge’s Harvard Square has no plans to redevelop the properties.
Charlotte-based Asana Partners paid $108 million for 1-8 and 17-41A Brattle Street, which house stores such as Black Ink, Cardullo’s, the Gap, and the Harvard Coop.
Despite the titanic sum—and the properties’ prime location near the Red Line and Harvard University—Asana won’t redevelop the buildings. A managing partner at the firm told the Globe’s Katheleen Conti that it had “no plans to demolish the buildings, no plans to add density on top of it.”
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- Harvard Square's major changes, mapped [Curbed Boston]
- Red Line stations’ major construction—the big projects, mapped [Curbed Boston]