Framingham, MA Scott Hughes, president of New Dover Associates, Inc. represented the seller, Millwood Farms Golf Course, Inc., and procured the buyer, Millwood Residential LLC, in the sale of 68.9 acres at 175 Millwood St. The land sold for $5.5 million.
175 Millwood St. is located near Rtes. 9, 30, 126 and I-90 (Mass. Pike) and across the street from the Callahan State Park.
According to public record, the town planning board approved the developers to construct 61 residential buildings, consisting of 129 units, that will be for over 55 housing.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and