The Michaels Organization and The Phillips Group Partner to Develop Site in Boston Area
New apartment community planned for former site of the Phillips Old Colony House and Freeport Tavern in Dorchester
CAMDEN, N.J., September 10, 2019 (Newswire.com) - The Michaels Organization and The Phillips Group have formed a partnership to develop the 1.81-acre site located at 780 Morrissey Boulevard in Dorchester. Planning is in the early stages for a mid-rise apartment community featuring studios, one- and two-bedroom units.
The site was originally home to Phillips Old Colony House and Freeport Tavern, which closed in January 2017 and is currently being utilized as off-site parking by an auto dealership.
“Our goals are to revitalize the site with an attractive asset that will complement the neighborhood and also provide a more affordable option for quality living in Dorchester as compared to current market rents in the Boston area,” said Jay Russo, vice president of development in Michaels' Boston office.
An informational meeting is scheduled for Wednesday, Sept. 18, at 7 p.m. at the Ramada by Wyndham Boston at 800 Morrissey Boulevard. Neighbors and local stakeholders are invited to attend and participate in an open dialogue about the development.
“We know from experience that success starts with the right partner,” states Joe Coyle, a president of development at Michaels. “The Phillips Group’s long-term affiliation and deep commitment to the Dorchester community aligns with Michaels' mission to build communities that lift lives. We are very excited about this partnership and the opportunity to contribute to the vitality of the Dorchester neighborhood.”
About The Phillips Group: Since 1952, The Strazzula and Sammartino family have been part of the Dorchester business community. The Phillips Group has constantly advanced their portfolio of high-quality, profitable businesses for the benefit of stakeholders, including owners, executives, team members and their community. Today, Phil Strazzula III, Joe Sammartino Jr. and his son Matt, work alongside 250 neighborhood team members to always exceed customer, guest and stakeholder expectations in each venture that they pursue.
About The Michaels Organization: The Michaels Organization is a national leader in residential real estate offering full-service capabilities in development, property management, construction and finance. Serving 145,000 residents in more than 400 communities nationwide, Michaels is committed to crafting solutions that jump-start housing, education, civic engagement and neighborhood prosperity and to creating Communities That Lift Lives.
Source: The Michaels Organization
Categories: Housing and Community Planning and Development