Hanover Crossing

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About Hanover Crossing

1775 Washington Street, Hanover, MA

Redevelopment of the Hanover Mall site into a mixed-use location that combines an open-air retail experience with 297 high-end residential units to form an amenities-rich “Live, Work, Play” destination experience.

In 2016, PREP bought Hanover Mall determined to usher in a brand new era for the landmark property, which is now down to just 54 stores and 50% leased. Sporting aggressive revitalization plans even in the face of declining lease rates and the prevalence of online shopping, PREP sought to invest in the property – and the town – by bringing back vibrancy to the area and proposing a new open-air lifestyle center mixed with luxury residential units. Working with The Hanover Company on the residential side and securing a TIF that allows the company to reinvest proceeds in the mall, PREP and Hanover Company are seeking to be active partners with the Town of Hanover to bring forward a bright new future for Hanover Mall.

1775 Washington Street Overview

Last Update: 11/27/23
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