The site of the former Hilltop Steak House in Saugus will be turned into hundreds of luxury apartments.
CBRE/New England announced on Thursday the sale of the site on Route 1 in Saugus for $17.3 million to real estate investment firm AvalonBay Communities Inc. The site on the southbound side of Route 1, which was home to the Hilltop for almost 45 years, will be developed into a 280-unit luxury rental apartment community with about 25,000 square feet of retail out front.. . . more