1.1 min readBy Published On: March 31st, 2022Categories: Living8 Comments

Hang onto your hats, more changes coming to the neighborhood

A 5 acre mixed-use real estate development is in the works at Old Colony and Dorchester avenues. According to the Boston Globe, the owners of Castle Self Storage, the car wash, and repair shops in that stretch have partnered with Cottonwood group on a financing agreement. Cottonwood is the real estate investment firm behind the $1 billion EchelonSeaport.

As part of the deal, Cottonwood will provide $130 million in loans for the land, for debt, refinancing mortgages, and new acquisition financing for seven parcels. The owners plan to redevelop the land into housing, offices, hospitality or hotel space and…a life-science facility.

This part of the neighborhood is undergoing many big changes including the Iron Works lab and residential complex across Dorchester Avenue from Cottonwood’s site. Plus the old Cole Hersee building into an office and retail complex – home of Castle Island Brewing, Tatte Bakery, and the soon to open PKL.

Down the way, Core Development is in the process of developing On The Dot which includes four buildings of lab, residential, and other commercial uses. Also in this area is the Washington Village complex that is now under construction.

Pretty soon we’re not going to recognize this part of the neighborhood.

8 Comments

  1. Susan March 31, 2022 at 11:14 am - Reply

    Bummer. I use those car vacs in that lot all the time.

  2. Ronald Zechello March 31, 2022 at 4:23 pm - Reply

    Wow, Southie is always changing and I sure miss it.

  3. Lola April 1, 2022 at 11:01 am - Reply

    Boston is not for Bostonians anymore.

  4. Ruth Ann Hendricks April 4, 2022 at 5:00 am - Reply

    Stop the construction destruction!

  5. Ruth Ann Hendricks April 4, 2022 at 5:02 am - Reply

    Stop the construction destruction of Southie!

  6. Anne Rheault April 10, 2022 at 1:30 am - Reply

    Pretty soon we will all be underwater living , again .

  7. Louie April 21, 2022 at 8:35 pm - Reply

    Destroying southie with all this construction but they’re gonna have to deal with the junkies and the homeless people

  8. Jack April 21, 2022 at 9:21 pm - Reply

    This is exactly what PLAN: DOT AVE calls for in this corridor. The Plan was the product of years of meetings and groups and based on what people said they want. As for opposing comments: you think what’s there now is better? 😂

Leave A Comment