WORCESTER, MA-Middlesex Savings Bank has sold the remainingdevelopment rights for 86 acres of parcel on Salisbury Street inWorcester. The bank has sold the site to Southborough,Massachusetts-based Capital Group Properties for $2.25 million.
The Salisbury Hill site was originally approved for a 280-unit,age-qualified community and 80 townhome units are already built andsold. An additional 200 units, containing 100 flats and 100townhomes, are approved as part of the master plan. ColliersInternational handled the sale. For the full story, go toBoston Business Journal .
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