Worcester considers buying historic downtown building
Photo | Grant Welker
The Denholm building at 484-500 Main St. in Worcester
At a public meeting on Friday, the Worcester Redevelopment Authority held an executive session to discuss acquiring the Denholm building on Main Street in Worcester, according to the minutes of the meeting.
The Denholm building is currently divided by units and owned by several different entities, including many nonprofits such as United Way of Central Massachusetts, Big Brothers Big Sisters of Central Massachusetts, and the Southeast Asian Coalition of Central Massachusetts.
The building was formerly a department store built by Jonas Clark in the early 1800s, but now mostly houses nonprofits.
Located from 484 to 500 Main Street, it spans 200,000 square feet and over 40 units, which are valued between $150,000 and $450,000 by the city assessors.
“The Denholm building was identified as a targeted property for rehabilitation or redevelopment in the WRA’s Downtown Urban Revitalization Plan," Chief Development Officer Peter Dunn said in a statement. "As such, the WRA has been engaging with the Denholm Condominium Trust to understand their goals and to discuss opportunities to work together regarding the future of the property.”
The news of the potential purchase was first reported by Spectrum 1 News.
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