Selling a development opportunity in Assembly Square

If you have a development opportunity on your hands, it isn’t going to be in Assembly Square, but instead most likely Ten Hills, the neighborhood directly across the street from Assembly Square. And there really is only one development opportunity I know of in the Ten Hills neighborhood of Somerville, and that is a straightforward 2-family conversion. 

The only way you’ll be able to sell that upside is if you have a strong understanding of what developers are looking for in Ten Hills. And I can tell you now - they are looking for a lot of livable square footage (or potential to add some). That often means the ability to dormer out the third floor of your property and add square footage in the basement - meaning ideally your property will have good basement ceiling height. It can be expensive to add ceiling height to basements so if you have low ceilings as-is, your probably may not be the best fit for a developer.

If you have a 2-family in Ten Hills, close to Assembly Row and are trying to determine if you can sell your property to a developer for a higher price than as a straightforward 2-family sale, give me a ring and I can take a look for you! My cell is 617-833-7457.