Major 1.8 Million-Square-Foot Redevelopment Proposed for Dorchester Avenue in South Boston

A Letter of Intent has been filed for a proposed 1.837 million-square-foot mixed-use development at 314-420 Dorchester Ave. The roughly six-acre site would include a mix of housing, retail, restaurant space, and parking.

The property changed hands following a foreclosure auction in March 2026, when an affiliate of JT Magen & Co. submitted the winning $75 million bid.

HYM is partnering on the redevelopment and has filed the Letter of Intent for the project, which is being described as a “dynamic addition to the Dorchester Avenue corridor.”…

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