Wednesday, December 18, 2019

Developer Plans To Transform Dying Mall In Worcester Into Mixed-Use Complex

bisnow.com
Worcester stands to gain another mixed-use development in the Central Massachusetts city’s ongoing revitalization. Finard Properties bought the Greendale Mall in Worcester for $7.1M in a deal that closed Monday, according to the Worcester County Registry of Deeds. The previous owner, a subsidiary of Irving, Texas-based C-III Capital Partners, bought the mall at a 2016 auction for $11.6M. Finard plans to redevelop the more-than-300K SF, nearly defunct shopping complex into a mixed-use project. . . . more