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Real Estate News: Dorchester Projected to see Further Growth Throughout with Dozens of New Units

IMG_0492 editDorchester has seen a tremendous amount of growth over the past few months in areas surrounding the Ashmont T Station and along Dorchester Ave. That growth continues to expand further into Dorchester as there has been a proposal for dozens of new apartments and townhouses in Uphams Corner.

According to Boston.com Dorchester Bay Economic Development Corp wants to build 80 one, two and three-bedroom apartments and six two-single family homes for sale. Also, the project will include 20,000 square feet for commercial or light industrial businesses.

This brand new project would be within an arms reach of the Uphams Corner stop on the Fairmount commuter rail line on a site that was once the old Maxwell Box factory. The developer plans to acquire city and state permits for construction over the next six months with a two to three build-out period slated for the first phase of the project, the apartments.

The total project cost including the commercial space is expected to be a total cost of $36 million.

As prices continue to grow throughout the city, Dorchester is becoming more and more desirable for prospective buyers, renters and developers. For more information or to inquire about Dorchester living contact our experienced Savin Hill team at 617.825.0800

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