Kesseler Woods Purchase Completed

The City of Newton has reached agreement with NSTAR for Newton, together with a development partner, to purchase from NSTAR the 42-acre Kesseler Woods. At least 24 acres of the site will be permanently protected as open space, using Community Preservation Act funding. On the remainder of the site, Newton's development partner, Cornerstone, will build between 73 and 76 units of housing, 20% of which will be sold at below-market rates to families meeting income eligibility guidelines.

Links for more information:

• Main page for Kesseler woods

• April 2004 update

• March 2004 update .
  
• The Newton Conservators' position on spending an additional $1 million for the acquisition.
  
  
• All the things that didn't happen.
  
  
• Aerial photo. The parcel outlined in yellow is one of several parcels bought by the city and its development partner. This parcel will be entirely devoted to parkland.
  
  
• The Newton Community Preservation Committee's recommendation for CPA funding for the land purchase.