Why – and how – Hampton purchased Harbor Square

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January 3, 2012 – (RealEstateRama) — Governments shouldn’t get involved in property deals that can be handled by the private sector. But sometimes when the interests of developers and the interests of the community conflict, a City has the responsibility to step in to ensure progress toward vital community goals. Fully developed cities with little vacant land, especially, must look to redevelopment opportunities in order to grow their tax base.

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