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Accordia Files LOI on 6M-SF Dorchester MXU

Accordia Partners plans to build a 5.9-million-square-foot mixed-use development at the Bayside Expo Center site and Santander Bank offices in Dorchester, the Boston Business Journal reported. The locally-based developer filed a letter of intent with the Boston Planning and Development Agency.

The University of Massachusetts Building Authority, which owns the 20-acre Bayside site, selected Accordia as the site’s master developer last year. The UMBA, Accordia and its capital partner Ares Management Corp. finalized a $235-million long-term ground lease last July.

“In filing our Letter of Intent for the Bayside site and an adjacent parcel, we are delighted to move forward with a proposal that will enhance the Columbia Point Peninsula, create a number of positive community benefits, fulfill several important University of Massachusetts goals and strive to achieve unparalleled levels of inclusion in jobs, housing, education and training,” Accordia’s Kirk Sykes and Dick Galvin said.

Pictured: Bayside Expo site.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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