January
5
2009
SHREWSBURY --- AvalonBay Communities developers recently informed town manager Daniel Morgado that the large Shrewsbury Hills project will be put on hold and re-evaluated after the first of the year. AvalonBay principal Michael Roberts noted that "the adverse credit markets have cause [the] company to rethink the project." Selectmen gave AvalonBay the approval to go ahead with its plans and the state granted site eligibility, but the developers never applied for a comprehensive permit from the Zoning Board of Appeals. Shrewsbury Hills would be a 444-unit mixed income rental community on 36.4 acres off CenTech Boulevard and Green Street.