DotBlock Update 01/03/17

Dorchester’s DotBlock obtains financial backing, could break ground this summer


Investment group Wintergold LLC is financially backing the approved 388,400 square foot DotBlock mixed-use development in Dorchester. Wintergold has acquired the approximately 4-acre DotBlock site at the corner of Hancock and Pleasant Streets for $19.1 million and also acquired an adjacent 1/4-acre parcel for $1.9 million. DotBlock developer Atlas Investment Group will remain involved with the project’s design and construction. The development team is reportedly in conversations with the owners of adjacent parcels to acquire the properties and expand DotBlock. The team hopes to start construction of DotBlock in Summer 2017.

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