Riverbridge North: 415,000 Square Foot Mixed Use Village Development

Link Representative For Property
Title
Managing Partner
Affiliated Company
Listing Data Provided By
Address

65 River Road West Berlin Massachusetts 01503

Building/Land Information
Property Type
Mixed Use
Property Subtype
Mixed Use
Property Classification Description
Mixed Use Village
Zoning
VOD (special overlay zoning)
Lot Size (Acre)
112.00
Sale Deal Status Id
Off Market
Sale Expiration
Cross Streets
Riverbridge is located at Exit 25B off of Interstate 290; adjacent to the Solomon Pond Mall
Site Description
112 acres of land located adjacent to the Solomon Pond Mall on Donald Lynch Boulevard. Eighty-six of these acres have already been permanently dedicated to open space through a recorded Conservation Restriction. On this beautiful land, a large portion of which continues to be farmed, two brooks and a river merge: North Brook, Barefoot Brook and the Assabet River. The remaining 26 acres, located adjacent to the South Berlin rotary, will accommodate the buildings that make up this mixed-use village.
Description
Riverbridge is a planned mixed-use village located on 112 acres of land in South Berlin, MA. Within the Village Overlay District (“VOD”), Riverbridge and its partners, pad purchasers and tenants are entitled to develop a total of 205 dwellings and 148,000 square feet of neighborhood retail. When completed, about 300 people will live at Riverbridge and about 100 employees are expected to work at this exciting rural but urban-feeling new village.

In 2010 Riverbridge North, LLC purchased from the Risi family 112 acres of land located adjacent to the Solomon Pond Mall on Donald Lynch Boulevard. Eighty-six of these acres have already been permanently dedicated to open space through a recorded Conservation Restriction. On this beautiful land, a large portion of which continues to be farmed, two brooks and a river merge: North Brook, Barefoot Brook and the Assabet River. The remaining 26 acres, located adjacent to the South Berlin rotary, will accommodate the buildings that make up this mixed-use village.
Riverbridge is located at Exit 25B off of Interstate 290; adjacent to the Solomon Pond Mall


All Major Permits In Hand
Riverbridge has procured all required major permits to proceed with its mixed-use development. This includes full DEP and MEPA approval. A list of all procured permits is available on request. As Riverbridge is developed, no Special Permits are required. For each new phase of development, Riverbridge must obtain Site Plan Approval from the Planning Board. During Site Plan Review roads, infrastructure and buildings may be moved around the site as desired by Riverbridge and approved by the Board.


The site is located less than a mile from I-290, the Solomon Pond Mall and many national retailers and restaurants. The 10 mile radius numbers indicate a total population of 249,552 in 95,314 households with a $79,462 average income. The trade area is best described as "a mix of affluent suburbs, urban density and strong daytime population."
Power
Power Description
At Site
Water
Water Description
At Site
Property Use
Development

LandChecks provides aggregated Virtual Due Diligence Data! From various agencies including Flood Zones, Foreclosures, Environment, Land Activities, Zoning, and Roads.
Check out LandChecks for FREE. Get a sample report and Sign Up! Try LandChecks

Check out Zip Analyser for FREE. Get 1 indicator, New Job Growth, review sample reports and Sign Up! Try Zip Analyzer

 


 

 

** Information contained in this CRE Collaborative Inc. Property Page has been compiled from various sources, all of which may not be completely accurate. CRE Collaborative Inc. makes no warranty or representation as to the accuracy of this information. All information that influences a decision to transact any property should be independently verified by all parties. All rights reserved. **