Vacant Quincy Offices Eyed for Age-Restricted Condo Project
Atlantic Development plans to demolish a vacant office building in Quincy, MA and replace it with a five-building, 315-unit condominium development for residents 55 and older, reported the Boston Business Journal.
The locally based developer acquired the 15-acre site at 1600 Crown Colony Dr. last year from Point32 Health, which moved out after the merger of Harvard Pilgrim Health Care and Tufts Health Plan. Harvard Pilgrim had offices in Quincy until the 2021 deal.
With high office vacancy rates, the 1600 Crown Colony building, built in 1999, had little chance of filling up again, Atlantic Development president DJ MacKinnon told the Quincy Planning Board, according to the Business Journal. “Many of the larger buildings in Crown Colony are empty at this point, with pretty much no prospect of leasing,” he said.
In Quincy, Atlantic Development previously converted a former auto salvage yard into the mixed-use Granite Crossing.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout