Recent studies and inclusion in the City's Central Broadway Initiative has shed a lot of light on this Ward 5 business district located at the intersection of Broadway and Medford Street that includes Trum Field and numerous businesses.
Magoun Square is in the midst of a $3.1 Million revitalization through American Recovery and Reinvestment Act of 2009 stimulus money. The project is close to completion with a formal sign-off from the City of Somerville pending.
Since the start of construction, Magoun has experience a slight economic improvement with the addition of new businesses, better traffic flow through the Square, and the inclusion of MaxWells Green-a large residential development on Lowell Street.
Magoun Square is also in close proximity to a proposed Green Line Station located on Lowell Street and running alongside the MaxWells Green Development.
Community Profile Brochure Courtesy of the City of Somerville
Wikipedia Page Dedicated to Magoun Square