Citizens For A Better Norwood

Saturday, November 24, 2007

Two major Norwood renovation projects in the news

Surrey Square - Clicking on the headline above will take you to an Enquirer article that says Centro Properties’ $13 million renovation of Surrey Square will begin after the new year. Apparently, the Enquirer is referring to the mall proper and not to the changes that are already underway. The new 76,000 sq.ft Kroger’s is expected to be finished in 2009. Centro Properties, the fifth-largest owner of U.S. shopping centers, paid $10.4 million for Surrey Square in 2005. Here’s the Centro website, which has property information, the site plan, the tenant list, and demographics for the Norwood project.

Siemens - According to this Enquirer article, the $30 million** expansion and redesign of this motor-manufacturing plant is virtually complete. Norwood Community Development Director Rick Dettmer stated, "Industrial reinvestment of this magnitude is very rare in America these days." Siemens officials have said the Norwood facility's skilled work force was a major factor in the company's decision to reinvest in it.

** Thanks to the commenter for pointing out our mistake. No, it definitely wasn't $30,000!