Benson Heights

Description:

Kelleher & Sadowsky Associates is pleased to present a premier multi-family development opportunity located on Benson Avenue Extension in Worcester, Massachusetts.

This ±6 acre site, zoned RG-5, benefits from excellent highway accessibility, with convenient proximity to Interstates 190 and 290, Route 9, and the Mass Pike (I-90), positioning it perfectly for regional commuting and connectivity. Located in an area undergoing significant transformation, anchored by TCR’s adjacent 220-unit luxury development set for completion in early 2026, this parcel presents a compelling opportunity for a complementary project in a rapidly evolving neighborhood.

The current owner has completed schematic plans for a 153-unit residential development. Previously, a fully permitted and approved 67-unit plan, de-signed by The Architectural Team, was granted approval by the City of Worcester without any affordable housing requirements. These approvals remain valid through 2028, offering flexibility for near-term development or the opportunity to re-permit a larger or phased project. A development of 250+ units is allowed by-right, with only the units exceeding the initial 67 subject to inclusionary zoning requirements.

This thriving urban neighborhood is a magnet for Land/Multifamily investors seeking promising opportunities. Boasting convenient access to major highways, public transportation, and local amenities, the area offers a diverse mix of dining, shopping, and entertainment options. Situated near iconic landmarks such as Elm Park and the Worcester Art Museum, the location provides a vibrant, dynamic environment for prospective investors. With its rich history and ongoing revitalization efforts, Benson Heights presents an ideal setting for savvy investors looking to capitalize on the momentum of Worcester's evolving real estate market.

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