SALEM, MA-The City of Salem is asking developers to come up with proposals for three properties, including a vacant waterfront site, which town officials would like to see redeveloped. The properties include the 11,826-sf Endicott School, which sits on more than a half acre at 110 Boston St. The school, which was built in 1920 and expanded in 1950, will be rezoned by the city to allow the property to be redeveloped for multifamily and commercial uses.

Also available for development are five parcels of land totaling 2.13 acres on Fort Avenue and Szetela Lane. They are located in a residential neighborhood near the waterfront and within walking distance from the downtown area.

City officials are also seeking a buyer for a nearly two-acre site at 70-92 Boston St., which is comprised of a several vacant industrial buildings totaling 6,480 sf. The former factory buildings are located within a mixed-use area and contain commercial, industrial and residential parcels.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.