Boston City Group Sells 198 Unit MF Development Site for $4.6 Million

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Abington, MA–A 9-acre multi-family development site located at 0 Summer Street, fully permitted for 198 Units comprising 277,186 gross square feet, was sold last month to Wood Partners.

Caroline Ligotti, Linda Redeker and Emily McGranaghan of Boston City Group, Inc. at Coldwell Banker Commercial, worked with the Seller and Procured the Buyer.

Wood Partners, a national multifamily developer based in Atlanta, has established a strong and prolific presence in the Greater Boston market in the last 10 years.

The firm received final approvals from Abington ZBA and Conservation Commission earlier this year to construct a single five-story building to be named, Alta Abington Station.

A Transit-Oriented Development (TOD) strategically located adjacent to an MBTA Commuter Rail Station; the project is being built under Chapter 40B with 25% of the units designated as affordable. Planned amenities include a swimming pool, fitness center, courtyard, and a dog park for residents.

This project is among the largest multifamily developments approved in Boston’s South Shore Route 3 Corridor in recent years.

Wood Partners, a leading national multifamily developer based in Atlanta, has established a strong and prolific presence in the Greater Boston market in the last 10 years.

The firm received final approvals from Abington ZBA and Conservation Commission earlier this year to construct a single five-story building to be named, Alta Abington Station.

A Transit-Oriented Development (TOD) strategically located adjacent to an MBTA Commuter Rail Station; the project is being built under Chapter 40B with 25% of the units designated as affordable. Planned amenities include a swimming pool, fitness center, courtyard, and a dog park for residents.

This project is among the largest multifamily developments approved in Boston’s South Shore Route 3 Corridor in recent years.

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