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Mendon Street (Route 16) - Hopedale Greenway on Route 16 31.36 Acres of Residential Land in Hopedale, MA 01747
Investment Highlights
- Municipally Owned Development Opportunity
- Ideal Friendly 40B Opportunity
- Excellent access to Boston, Worcester, and Providence
- Collaborative Development Process
- Just 4.1 miles to I-495 with convenient access to I-90 and I-95
- Strong surrounding demographics and regional employment base
Executive Summary
This rare offering presents an exceptional opportunity for qualified developers and investors to acquire one of the area's few large-scale development parcels in the supply-constrained MetroWest market. The Town is committed to a collaborative, development-friendly approval process, creating a unique opportunity to bring a visionary project to fruition.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Hold For Development |
| Property Type | Land | Total Lot Size | 31.36 AC |
| Zoning | T & RB - Town Owned | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Hold For Development |
| Total Lot Size | 31.36 AC |
| Zoning | T & RB - Town Owned |
1 Lot Available
Lot A
| Lot Size | 31.36 AC |
| Lot Size | 31.36 AC |
The Hopedale Greenway consists of approximately 31.36 acres strategically located along the easterly side of Mendon Street (Route 16) at the intersection of Hill Street.
Description
Hopedale Greenway presents a rare opportunity to acquire approximately 31.36± acres of municipally owned development land in the heart of MetroWest Massachusetts. Ideally situated along Mendon Street (Route 16) and Hill Street, the Property offers exceptional visibility, accessibility, and the potential to create a transformative mixed-use or residential community. The Town is seeking a collaborative development partner to help realize its vision for this strategically located site. The site's size, frontage, and natural setting provide flexibility for a thoughtfully planned development. The Town has expressed a desire for a project that complements the community while delivering high-quality housing and public benefits, creating a unique opportunity for developers to work collaboratively through the entitlement process. Located just 4.1 miles from Interstate 495, the Property provides convenient access to Interstate 90 (Mass Pike), Interstate 95, Boston, Worcester, and Providence, placing it within one of Massachusetts' most desirable and supply-constrained suburban markets. The surrounding area is supported by a strong employment base that includes healthcare, life sciences, advanced manufacturing, and distribution users, while affluent demographics and continued population growth drive long-term housing demand. With limited large-scale development sites remaining in MetroWest, Hopedale Greenway represents an exceptional opportunity to create a landmark residential community in a high-demand location with outstanding regional connectivity.
Contacts
-
Marilyn Santiago -
Victor Galvani -
James Cannon -
NAI | Parsons Commercial Group - Boston
Presented by
Mendon Street (Route 16) - Hopedale Greenway on Route 16
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