323-345 Dorchester Ave

National Development Acquires South Boston Planned Development Site $17.375M

National Development has acquired the development site of 323 Dorchester Avenue for $17.375M. The firm filed plans for a 21-story mixed-use project on the site in late February. The tower would include approximately 265 residential units, 47,000 square feet of commercial space, approximately 14,500 square feet of retail space, and a below-grade parking garage with space for 198 vehicles & 285 bikes. 

National Development's 21-Story Mixed-Use Dorchester Ave. Project Now Under Review

National Development has submitted plans for the 317,000 square foot mixed-use project along Dorchester Ave. in South Boston. The 21-story building would include 265 residential units, 47,000 square feet of office space, 14,500 square feet of retail and parking for nearly 200 cars. The bulk of the retail space is expected to be home to a grocery store. The building would be the first high-rise in the Plan: Dorchester Avenue area with construction costs expected to come in around $210M.

National Development Files LOI for 300K SF Project in South Boston

National Development has filed and LOI for a 300,000 square foot mixed-use project at the 323-345 Dorchester Ave. site in South Boston. The 21-story building would include approximately 265 residential units, 47,000 square feet of commercial space, approximately 14,500 square feet of retail space, and a below-grade parking garage. The project would also include significant public open space. Sherry Clancy of National Development tells BLDUP they expect to file the full PNF by the end of January.

Permit Pulled for Test Borings on Dorchester Ave. Development Site

Sanborn Head has pulled a permit for 27 test borings at 345 Dorchester Avenue in South Boston. The site is part of the 4.3-acre development site along the Dot Ave. corridor owned by National Development.

South Boston Property Mortgaged for $65 Million

National Development has mortgaged their property at 363-365 Dorchester Ave in South Boston for $65 million via Santander Bank.

The property features 3 industrial buildings on a 1.87-acre lot in South Boston on Dorchester Ave. Over the past few years, multiple parcels just south of this site have been acquired by Core Investments, Inc. for a future planned development.