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  • Lawrence Priority Developments

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    Dan Rivera
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    This document summarizes several priority development sites in the City of Lawrence, including: 1. A 4.03-acre former movie theater site at 141 Winthrop Ave owned by National Amusement. 2. Three affordable mill spaces - Everett Mills, Bell Towers, and Heritage Place - totaling over 1.3 million square feet, with tenants including office, school, industrial, and social services uses. 3. Two potential development sites - 240 Canal St, a 384,000 square foot empty property assessed at $1.7 million, and 4 Hampshire St, a 460,000 square foot 30% occupied property previously listed at $699,000.

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    This document summarizes several priority development sites in the City of Lawrence, including: 1. A 4.03-acre former movie theater site at 141 Winthrop Ave owned by National Amusement. 2. Three affordable mill spaces - Everett Mills, Bell Towers, and Heritage Place - totaling over 1.3 million square feet, with tenants including office, school, industrial, and social services uses. 3. Two potential development sites - 240 Canal St, a 384,000 square foot empty property assessed at $1.7 million, and 4 Hampshire St, a 460,000 square foot 30% occupied property previously listed at $699,000.

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    © All Rights Reserved
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    18 views6 pages

    Lawrence Priority Developments

    Uploaded by

    Dan Rivera
    This document summarizes several priority development sites in the City of Lawrence, including: 1. A 4.03-acre former movie theater site at 141 Winthrop Ave owned by National Amusement. 2. Three affordable mill spaces - Everett Mills, Bell Towers, and Heritage Place - totaling over 1.3 million square feet, with tenants including office, school, industrial, and social services uses. 3. Two potential development sites - 240 Canal St, a 384,000 square foot empty property assessed at $1.7 million, and 4 Hampshire St, a 460,000 square foot 30% occupied property previously listed at $699,000.

    Copyright:

    © All Rights Reserved
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    of 6

    City Of Lawrence

    Priority Development Sites


    Retail Site: 141 Winthrop Ave
    Site Specifics:
    - 4.03 Acres
    - Structure size:
    - 33,275
    - Assessed Value
    - $1,942,700
    - Ownership
    - National Amusement
    - Old Showcase Cinema
    Site


    Affordable Mill Space
    Everett Mills



    -525k sq. ft.
    -Ample Parking
    -Off highway
    -Tenancy:
    -Office space
    -School
    -Industrial
    Bell Towers



    -120k sq. ft.
    -Ample Parking
    -Off highway
    -Tenancy:
    -Mostly office
    -Onsite restaurant

    Heritage Place



    -220k sq. ft.
    -Ample Parking
    -Off highway
    -Tenancy:
    -Mostly office
    -Social Services
    -Some Industrial

    For more info For more info For more info
    All three of these properties are within the SBA HUBZone
    Sites For Future Development (I)
    240 Canal St.

    -Assessed Value: $1,746,000
    -Square feet: 384,000
    -Occupancy: Empty
    -Would likely sell for substantially less than the
    assessed value

    Sites For Future Development (II)
    4 Hampshire St (5 Franklin St.)

    -Assessed Value: $1,719,500
    -Square feet: 460,000
    -Occupancy: 30% Occupied
    -Previously listed for $699,000

    Contact Information:
    For more information please contact:

    Abel Vargas
    Business and Econ. Dev. Dir.
    978-620-3015
    avargas@cityoflawrence.com

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