40+ Acres ~ Unique Residential Development Opportunity ~ Estimated 2 or 3 Phase Project ~ Each Phase could consist of approximately 300 units priced at $23,500/ unit approved. Perfect site for the Development of a Substantial Residential Community- Huge Demand for Housing inTaunton ~ Great Location minutes to the Myles Standish Industrial Park ~ Redevelopment of Historic Whittenton Mills • 40+ Acres situated at the banks of Mill River • Zoned Business District• Possibility for sizable residential community of 500+ units. Previously approved for a Mixed Use Residential and Senior Living Campus ~ Development Project could be broken into 2 phases ~ Approx. 300 units each Phase - Asking Price is $23,500/ approved unit ~ For initial Phase 1 ~ 300 units @ $23,500 / unit = $7.05 MM. For Second Phase also of approx. 300 units at $23,500/ approved unit, an additional $7.050MM. Developer can have the obligation to develop the Phase 1, with the option to develop Phase 2. Ideas most welcome.
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