South Bay Town Center
Update
09/20/17
Edens acquires junk company site at gateway to South Bay Town Center development for $3.6 million
Edens, developer of the $200 million, 720,000-square-foot South Bay Town Center project in Dorchester, has acquired the 0.2-acre site of the Lenox Junk Company, located at the future gateway to South Bay Town Center, for $3.6 million. The parcel, located at 1170 Massachusetts Avenue at the corner of Allstate Road, presents an unprecedented opportunity for Edens to construct an engaging, appropriate gateway for South Bay Town Center, a pedestrian-oriented development which will feature approximately 475 residential units, 120,000 square feet of retail space, a 60,000 square foot cinema and a 130-room hotel. 1170 Massachusetts Avenue’s seller is Core Investments, who acquired the site for $900,000 in May 2013. Core Investments is currently developing the nearby $400 million, 735,000-square-foot Washington Village mixed-use development in South Boston’s Andrew Square.
