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Article: Bank called key to Grove Hall renewal
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- July 1, 1991
- Author:
CopyrightCopyright (null) The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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The boarded-up former car dealership at 460 Blue Hill Ave., with
its sweeping stairs and mirrored walls, has long been a symbol of
both the economic depression of its neighborhood, Grove Hall, and
the potential for grand-scale revitalization.
Here, where residents snicker about their area being the subject
of more redevelopment plans over the years than Boston Garden, the
city's ongoing debate over bank credit in low-income neighborhoods
has presented an unusual opportunity.
With community demands forcing major banks to look into bringing
services to long-neglected areas, Grove Hall business and social
leaders believe they have finally found the lever they need to kick
into gear their ...