Real Estate
Quincy To Get $300 Million Residential and Entertainment Tower
Mayor says the project will help continue downtown Quincy's resurgence.
QUINCY, MA — Mayor Thomas Koch, along with real estate developers Tremont Asset Management and Broadway Hospitality, announced the development of a $300 million residential tower and entertainment project set to be in the city of Quincy Thursday.
The 800,000-square-foot mixed-use development will gleam over Quincy Center.
The 204-unit residential tower is proposed at 1469 Hancock St., known as the Arcade Building, and will also house 8,000 square feet of restaurant and retail space.
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“We’ve made extraordinary progress bringing downtown back, but we have plenty of work to do in the months and years ahead.” Koch said in a statement.
The project would include a 15-story residential tower, a new park and a performing arts center.
Find out what's happening in Quincyfor free with the latest updates from Patch.
For more on this, check out The Boston Business Journal.
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