Please do not leave this page until complete. This can take a few moments.
A former mill on Webster Street in Worcester could be rezoned to be renovated into an 18-unit apartment complex, Nick Lewis, owner of Worcester-based Maverick Real Estate Investment & Development, confirmed Monday.
The Worcester Planning Board will hear the application to include the property in the adaptive reuse overlay district on Wednesday night.
Lewis said he is interested in redeveloping the vacant mill into market-rate, loft-style apartments. His company has a history of renovating historic single- and multi-family homes in Worcester. He is also CEO of Trivium Construction LLC.
Located at 110 Webster St., the 11,400-square-foot warehouse is owned by Worcester Chemical Distribution Corp., according to Worcester’s assessors’ data. The property is currently assessed at $328,300.
Lewis is still in a due diligence process with the property owner and has not yet closed on a purchase, he said.
Would you want to live there after all the chemicals that were stored there over the years?
I can’t imagine anybody wanting to live there paying market rates living next to a bridge and other industries all around it!
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
4 Comments