The latest Quincy Center parking lot to fall under the contractor’s shovel sits across the street from its two most prominent buildings: the 10-story Granite Building and Stop & Shop headquarters towers.
The MBTA owns prime locations for real estate development but efforts to build on them have a history of lengthy delays and missed opportunities. Could that be changing?
A Quincy shopping plaza at 130-132 Granite St. has sold to a local developer after being included in an expansion of city officials’ downtown development plans.
At City Realty, we have seen firsthand that there are still opportunities available in the office market and new tenants in the market to fill those well publicized vacancies. Our successful repositioning project in Quincy Center is just one example.
Brookline-based City Realty is placing an $18 million bet on Quincy Center’s continued revitalization with the purchase of a 132,000-square-foot office building in the heart of the downtown business district.
South Shore developer FoxRock has filed plans with the city Planning Board for a 20-story tower and an adjacent office building, for a 2.7-acre parking lot downtown.
Commercial real estate developer FoxRock Properties has relocated its corporate headquarters from Norwell to 1495 Hancock St., a 35,000-square-foot office building that it owns in Quincy Center.
Quincy Center’s luxury apartments West of Chestnut will open its second building to accommodate new residents in the Hancock District on Sept. 1, over 50 percent of which have been pre-leased.
