Taunton Development

palindrome

palindrome

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Wasn't able to find a thread on this--please merge if there is.


Going to be interesting demolition.

turnto10.com

'The mall is done': Taunton's Silver City Galleria to be demolished

After 29 years, the Silver City Galleria mall in Taunton will soon be a thing of the past. With most of its tenants gone, investor Chris Carney told NBC 10 News that it was too expensive to keep open. “The mall is done. We didn’t have enough stores to keep it open,” he explained. Carney is a...
turnto10.com turnto10.com
 
Build housing! Near new commuter rail stop and bus from NB used to stop there on its way to Boston. At the intersection of 140 and 24. Get it done.
 
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Silver City GalleriaUpdate 02/02/24​


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$29M in Construction Financing Secured for Taunton Industrial Project​


“Portman Industrial has closed on $29M in construction financing for the first phase of the redevelopment of the former Silver City Galleria in Taunton. Plans call for a 1.1M square foot industrial park with the first phase to include a 248,435-square-foot industrial building with 32-foot clear heights, over 270 parking spaces, and 29 trailer drops. The loan was provided by BMO Harris Bank with JLL representing the borrower in the transaction.”


silver city


https://www.bldup.com/posts/29m-in-construction-financing-secured-for-taunton-industrial-project
 
Glad to see it moving forward, it's probably the best use for this land. I'd love something sexier, but this is the confluence of two major highways with roadway infrastructure that's already in place to accommodate the truck traffic. Glad to see it doing more than sitting vacant.
 

Rockland Trust Provides $6M to Build Townhomes in Taunton​

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“Hyperion Holdings, LLC and Innovative Investment Corp. have secured $5.5 million in financing from Rockland Trust for the development of Dean’s Crossing, a townhome development in Taunton, MA.

Construction began earlier this year, with the first six-unit building expected to be completed in September and the larger 16-unit building to be finished in 2025. The project will consist of 22 townhomes, each townhome will feature approximately 2,000 square feet of living space on three levels, including three bedrooms, two and a half baths, a single-car garage, and off-street parking. The development is located near Taunton High School, Morton Hospital, and the Taunton branch of the Old Colony YMCA…”

https://www.connectcre.com/stories/rockland-trust-provides-6m-to-build-townhomes-in-taunton/
 

Peabody Properties Continues Expansion of Portfolio with Union Block Apartments in Taunton​


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“Located at 17 Main Street in the heart of Taunton and overlooking the Town Green, the 38-unit mix of affordable, workforce, and market-rate apartments ensures that the community caters to a wide range of residents, including those with varying incomes….”

https://www.bldup.com/posts/peabody...tfolio-with-union-block-apartments-in-taunton

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Wow, this is a major upgrade for the Green. In terms of bones, the Taunton Green has great ones. Lots of untapped potential. Adding housing right in the thick of it should help it turn around. It has a long way to go to catch nearby Attleboro, but this is still great.
 
Bummer they couldn't save the buildings, but they've been in rough shape for a long time. Scorcese used the complex as a stand in for Dachau in Shutter Island which is a testament the appearance of the place.
 
Good for them. It'll be interesting to see how this goes. I know Taunton is now on the Commuter Rail, but it's a geographically large town and this complex is a little under 20 minutes from the East Taunton station. It's almost exactly 20 minutes to Mansfield. Considering the trip from Mansfield is 30 minutes quicker than the one from East Taunton (and it includes Back Bay), I suspect few residents will be utilizing South Coast Rail.
 

Greystar Secures $79.9M Construction Loan for Taunton Mixed-Use Development​

“Greystar has acquired the property at 437 Whittenton Street in Taunton for $8.75 million and has closed on a $79.93 million construction loan through Bank of America to advance a major new mixed-use development. The project will deliver 390 new apartment units along with approximately 10,000 square feet of commercial space, significantly expanding the city’s housing supply while activating the corridor with new retail and services…..”

Greystar Secures $79.9M Construction Loan for Taunton Mixed-Use Development

Greystar Secures $79.9M Construction Loan for Taunton Mixed-Use Development
www.bldup.com www.bldup.com

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www.bostonglobe.com

Taunton has attracted residents from Greater Boston for lower rents. Now, prices there are soaring. - The Boston Globe

Affordability isn't the only thing attracting new residents to the city, locals say.
www.bostonglobe.com www.bostonglobe.com
For a lot of Greater Boston residents, the rent is too damn high. So some moved here, to this city of 60,000 with a new stop on the commuter rail. And now, Taunton rents are going up, data show. Way up.
Taunton saw the highest rental prices increase last year of all the Gateway Cities. Between June 2024 and June 2025, asking rents soared nearly 15 percent, double the rate of the next city, New Bedford, according to research by the nonprofit known as MassINC.
[...]
The new East Taunton commuter rail stop opened in March, giving residents about a 70-minute ride (barring delays) to South Station. Its arrival, locals said, helped open up the city to people who in the past may not have given it a chance, adding to the demand for housing.
[...]
Jay Pateakos, executive director of the Taunton Office of Economic and Community Development, said that as interest in living there has increased, the city has not created enough housing over the last few years. The city is now making a concerted effort to develop new units to stabilize rental prices.
Over the next two years, new construction is expected to provide more than 600 new units for rent. “That’s our focus now, is creating this housing so that the rents aren’t going up,” Pateakos said. “Taunton hadn’t prioritized housing as much as it should and [it’s] definitely something that we’ve been prioritizing over the last two to three years.”
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