90o Update 04/30/19

Revere Beach Development Site Acquired

Helge Capital has acquired the land at 90 Ocean Ave on Revere Beach for $4.125 million.

The project was originally approved in September 2016 for a five-story, 60 unit multifamily building located just steps from the Revere commuter rail station. The initial plans were to attract the growing workforce in the Boston area who work downtown but want to live outside the city.

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