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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.

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