
New Southfield Plan Includes Potential for More Housing
The Southfield Redevelopment Authority supported changes that would give the new master development team flexibility to build more housing depending upon market conditions.
The Southfield Redevelopment Authority supported changes that would give the new master development team flexibility to build more housing depending upon market conditions.
The U.S. government is auctioning off a 51-acre site at the Southfield property in South Weymouth over the objections of the local agency responsible for redeveloping the former naval air station.
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
A Norfolk Superior Court judge has ordered a multifamily developer hired to helm the troubled redevelopment of the former South Weymouth Naval Air Station to pay $63 million for failing to pay for a range of development and upkeep costs on the property before the firm was removed from its master developer role.
The Southfield Redevelopment Authority will receive nearly $1 million a year to help pay for its operations after entering an exclusive negotiating agreement with the potential new master developer at the 1,450-acre former air base.
Two development teams are seeking to restart the Southfield project at the 1,450-acre former South Weymouth Naval Air Station with a larger housing component while reducing commercial space.
The full-time administrator in charge of the troubled Union Point redevelopment on the South Shore is stepping down from his post, as the Southfield Redevelopment Authority begins the search for another master developer at the 1,450-acre site.
A Dutch technology company that backed out of plans to become the first major commercial tenant at Union Point in Weymouth has committed to another property south of Boston.
A lender that provided a mortgage for 220 acres of development sites at Union Point took possession from master developer LStar Ventures on Wednesday, submitting the high bid of $18 million at a public auction.
Lenders have scheduled another foreclosure auction at Union Point on the South Shore, the latest round involving 214 acres zoned for up to 8 million square feet of commercial development.
A local redevelopment authority has voted to remove LStar Ventures as master developer of the 1,450-acre Union Point property, but some of the company’s executives say they hope to take control of the project.
A Boston-based lender foreclosed on 115 acres of developable residential parcels at Union Point in Weymouth, in the latest setback for master developer LStar Communities.