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$7M Apartment Redevelopment Planned for Worcester Eyesore

Jun 3, 2019 | Reprints | Unlock Link | Print

Image courtesy of Google Maps.

A long-vacant, brick Worcester shoe factory could become 62 apartments under a plan from a Chelsea-based developer.

Anthony Rossi bought the Walker Shoe Factory at 28 Water St. near the city’s growing Canal District for $600,000 on May 31, according to a deed filed with the Worcester Registry of Deeds. Financing was provided in part by a $495,000 mortgage from East Boston Savings Bank.

Rossi plans to spend $7 million to renovate the 150-year-old, 39,000-square-foot building into 62 one-bedroom and studio apartments, the Worcester Business Journal reports.

B&T Daily