News: Owners Developers & Managers

Southbridge Associates and SGA complete 1.2 million s/f master plan

Southbridge, MA SGA has completed a master plan for the 1.2 million s/f Southbridge Innovation Center. Southbridge Associates, LLC, an affiliate of Franklin Realty Advisors LLC, is the developer, owner and operator of the Southbridge Innovation Center, which offers a wide variety of building types and spaces, including R&D, office, light manufacturing space, biotechnology, life sciences, high technology, hotel, conference center and other business operations.

The master plan identifies $15 million of improvements throughout the former American Optical campus to open up private land for public use per a mutual understanding with the town of Southbridge and Southbridge Associates.

Charles Norton, owner of Southbridge Innovation Center and manager of Franklin Realty Advisors LLC said, “We are pleased to work with Bill and his team on this exciting master plan. Their creative genius helping us to make this come to fruition is spectacular, for not only the Southbridge Innovation Center, but more importantly, for the town of Southbridge and its residents.” 

The scope of work provides new sidewalks, bike paths, kayak landings, pocket parks, water fountains, gardens, street lighting, walking trails, bike trails, overlooks and pedestrian bridges around and providing access to the Quinebaug Reservoir.

“We’re excited to have completed the master plan for this innovative mixed-use project, and we are now working on the designs of several buildings at the sprawling 150-acre site,” said SGA founding partner Bill Gisness AIA, BSA. “Of the total acreage, between 20 and 30 acres are developable.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,