Developer buys site of planned 174-unit complex in Ashland for $4.2M
Baystone Ashland, LLC, an affiliate of Baystone Development of Weston, purchased a property at 100 Chestnut St. in Ashland for $4.2 million. The property was approved in October by the Town of Ashland for a mixed-use development featuring 174 apartments, 10,500 square feet of retail space, and 357 parking spots.
Plans for the two-building development were originally submitted to the town in May 2021.
Baystone Development has built commercial and residential developments across Eastern Massachusetts and MetroWest, including three Framingham developments: The Buckely apartments; the 353-unit Danforth Green, portions of which were sold to Avalon Development of Arizona and Brendan Properties of Southborough after permitting; and the redevelopment of Framingham National Bank.