40 University Drive Update 11/17/20

$10M Mortgage Pulled for Proposed 26-Unit Mixed-Use Project in Amherst

40 University Drive, LLC - an affiliate of Amherst developer Barry Roberts - secured a construction mortgage for $10,042,500 from Florence Bank to develop a vacant site off University Drive. 

The project calls for a 3,660 square-foot restaurant, named "Savannas Amherst Bar and Bistro", and a 26-unit, three-building apartment on the 1.12-acre lot. 

Savannahs Restaurant concept

View 40 University Drive >>

Search BLDUP

Search BLDUP for news, projects, and companies to find the information that pushes your business forward.

Related News