MARLBOROUGH, Mass. — Boston-based real estate firm Redgate Real Estate Advisors is seeking a zoning overlay from the Marlborough City Council that would allow the redevelopment of two underperforming office properties into a large mixed-use residential community, according to reporting by the Worcester Business Journal (WBJ).
As reported by WBJ, the proposed residential overlay district would cover approximately 31 acres at 26-50 Forest St. and permit multifamily housing and retail uses on the site. Redgate has presented a conceptual redevelopment plan that includes approximately 430 apartment units, although the final number of units permitted has not yet been determined.
Robert Buckley, senior partner at Boston-based law firm Riemer Braunstein LLP, told the Marlborough City Council during its April 27 meeting that the existing office properties have been underperforming, WBJ reported…