The Transylvania Times -

By Derek McKissock
News Editor" 

Renova: Difficult To Attract Industry

 


The easier avenue for Renova Partners would have been to redevelop the former Ecusta site for just commercial and industrial uses — if the demand was there.

But the developers have been unable to attract those types of businesses, according to John Hanselman, managing principal of Renova, which is based in Wellesley, Mass.

So instead, Renova has gone with the Davidson River Village concept, a mixture of retail and residential development.

Renova, which is partnering with Prudential Real Estate on the project, ran into the same lack of interest from commercial and industrial businesses...



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