Bonvie Homes to build 500 homes at Four Winds at Union Point - $150 million

Shown are Ron Bonvie, principal, Bonvie Homes and Robert Hedlund, mayor of Weymouth

Weymouth, MA LStar Communities and national award winning Massachusetts home builder Bonvie Homes came to an agreement to build Four Winds at Union Point, a residential community containing 500 age-restricted (55+), market-rate residential homes. Four Winds at Union Point, will consist of a mix of townhomes, single-family homes and condominium residences. The estimated construction cost for this project is $150 million.

“It says a lot about the progress we’re making on this project that Ron Bonvie is bringing his investment and the caliber of his brand here to Weymouth,” said Weymouth mayor Robert Hedlund. “This project will fast-track new revenue generation for the town that will allow us to better invest for the future and create additional jobs for Weymouth residents as well.”

Bonvie Homes has refined the concept of active adult communities in Mass. through its award-winning Southport in Mashpee, which began construction in the 1990s. Southport, a neighborhood of 750 age-restricted homes on 254 acres on Cape Cod, it is now 96% sold out.

“Union Point is a perfect location for us to be introducing a true lifestyle community so close to Boston,” said Ron Bonvie, principal of Bonvie Homes. As the largest active adult community in the greater Boston area, Four Winds at Union Point will provide both on-site amenities and home designs that today’s baby boomers want. “We’re excited to be working with LStar Communities and look forward to building additional homes at Union Point,” he said.

Shown (from left) are: Ed Harrington, Weymouth town councilor; Kyle Corkum, managing partner, LStar Communities; Ron Bonvie, principal, Bonvie Homes; Joyce Haglund, executive director, William B Rice Eventide Home; Jamie Seagle, president, Rogerson Communities; Robert Hedlund, mayor of Weymouth; Matt Barry, division president, LStar Communities.

Union Point was formerly known as SouthField.

His primary focus is lifestyle communities ranging from adults 55 and over to the millennial generation which has become the largest population group in this country with more than 80 million people between the ages of 22 – 35.

The Four Winds at Union Point announcement puts LStar years ahead of its schedule, and bringing in Bonvie, the high-quality developer and builder of one of the region’s premier 55+ communities, will help attract new residents at a faster pace.

“From the time we arrived at Union Point, we knew that the Weymouth town council wanted a substantial increase in age-restricted units, and we knew they wanted a high-quality neighborhood,” said Kyle Corkum, managing partner of LStar Communities. “We are proud to welcome Ron Bonvie and Bonvie Homes to Union Point, and we are very excited that he has agreed to create Four Winds at Union Point as his next lifestyle community for active adults.”