Avalon at Hilltop Update 06/07/16

AvalonBay Communities moves to purchase former Hilltop Steakhouse property on Route 1 in Saugus


The Boston Globe reports reports that AvalonBay Communities has an agreement to purchase the former Hilltop Steakhouse property located at 855 Broadway on Route 1 in Saugus from current owner High Country Investor, Inc. Development concepts for the 14-acre site include residential and retail uses. The property’s existing liquor license will likely be retained for retail use. A sale price for the site has not been reported. 

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