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May 6, 2022

Worcester developer to demolish Franklin Street restaurant, construct 24 apartments

A small restaurant building Image | Courtesy of Google Maps Chioda's Trattoria on Franklin Street

A Worcester developer has plans to demolish a Franklin Street restaurant and redevelop the site into a 24-unit apartment complex, according to a proposal submitted to the Worcester Planning Board.

Michael Ermani of Worcester-based Premier Investment Properties LLC confirmed Friday he is planning to construct apartments at 631 Franklin St., assuming the property sale is complete, as it has not yet closed.

Chioda’s Trattoria, a 13-year-old Italian restaurant, is the tenant at the property. Co-owner Steve Chioda said he had not yet been notified of the demolition plans and is unsure what it would mean for the restaurant’s future.

Ermani’s proposal to the planning board calls for full demolition of the existing 1,624-square-foot restaurant and construction of an 8,749-square-foot low-rise apartment building with off-street parking. The units will be market-rate.

The property is owned by John and Theresa Travaglio, the owners of Pepe's Italian Restaurant on Shrewsbury Street, according to the proposal. Premier Investment Properties has entered into a purchase and sale agreement with the current owners, but it will not close until after the planning board approves the project, Ermani said.

The Travaglios could not be reached for immediate comment.

The property is assessed by the City of Worcester at $394,000, according to the assessors’ database. The Travaglios have owned it since 2014, when they purchased it for $320,000.

“I had this under agreement last year, and it didn’t go through, but I’m confident it will this time,” Ermani said, adding that there has been some disagreement between the current owners about whether to sell. “It’s not the smoothest transaction.”

Ermani owns the property of Leo’s Ristorante on Shrewsbury Street, which he bought in early 2021, as well as several multi-families in the region.

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5 Comments

Anonymous
May 7, 2022
I find it interesting that we know what it's assessed at, what it sold for 8 years ago, but not what it's being sold for now.
Anonymous
May 7, 2022
Make it 26 apartments instead.
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