340 West Second Street
Update
09/18/17
Approved 29-unit South Boston condominium development sold to new developer for $6.35 million
Developer Shamus Holdings, LLC has sold 340 West Second Street, a 0.3-acre South Boston development site approved for construction of a 29-unit condominium building with 1,000 square feet of commercial space, for $6.35 million to RMC Development. First Commons Bank provided $5.08 million in financing towards RMC's acquisition. Shamus Holdings received approval in August to switch the approved development from apartments, as approved in 2013, to condominiums. RMC recently completed construction of a 15-unit condominium building at 135 Athens Street in South Boston, a short distance from 340 West Second Street.
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