Word: centralization
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Dates: during 2000-2000
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Throughout the '80s and '90s, Central Square saw a gradual decrease in the number of businesses that made it popular...
...once-popular Harvard Bazaar and Corcoran's closed their doors. Woolworth's left Central in 1997, leaving stores like CVS as the only place to shop for everyday items...
...Central Square has also seen a reduction in the number of its small "mom and pop" restaurants and stores. In 1997, the site of the popular Harvard Donut Shop was taken over by a Starbucks franchise, leading to an uproar by citizens of the area...
There was also controversy recently when the Holmes Block at the intersection of Mass. Ave. and Magazine Street in Central Square was demolished in order to build 72 units of new housing in the heart of the square...
...building, which is still under construction, displaced several small merchants from Central Square...