Chestnut Hill Square Development

The outlook for the New England Development project called Chestnut Hill Square (site of the former Omni supermarket on Route 9) has been somewhat clouded over the past several months, largely due to the economic recession and sharp declines in the investment and capital  markets. We understand that the project is “on hold” rather than terminated, and we can expect some type of updated news soon.  The Chestnut Hill Association will invite the developer to brief us on the project at our Annual Meeting on November 19 at 6:30 p.m. .