Lynn Is Having a Moment
Developers have also found an increasingly receptive audience with city leadership in Gateway Cities just outside Boston at a time when many point to an increasingly high cost of doing business within city limits.
Developers have also found an increasingly receptive audience with city leadership in Gateway Cities just outside Boston at a time when many point to an increasingly high cost of doing business within city limits.
The former site of Lynn’s Porthole restaurant, proposed for a waterfront condominium development, has hit the market. Asking price: $20.5 million.
Boston developer Redgate Capital Partners is proposing Revere’s latest large multifamily development: a 291-unit project just across the water from several proposed luxury developments in Lynn.
Sprawling waterfront development parcels and a transit-friendly downtown have proven to be powerful lures for projects in Lynn, attracting institutional investors and interest from national developers.
Lynn’s 15-acre former landfill and 15 acres of former National Grid land could become the site of a waterfront park following a land deal between National Grid and a private developer that plans to work with the city to rehabilitate the property as officials look to spur more development along the Lynnway.
A Lynn public art group is teaming up with the state’s development agency to fund a new, temporary waterfront park between the city’s ferry terminal and the Lynnway.