A 1,000 acre business park, a vibrant downtown with cobblestone streets, and historic mill structures along our riverfront provide development opportunities for a wide range of use and scale development project as New Bedford emerges as a metropolitan center for the South Coast of Massachusetts.
Surrounded by suburban small towns such as Dartmouth, Marion, Fairhaven, Mattapoisett, and Rochester, we are able to draw on a population of 193,000 within a 15-minute drive with an annual spending power of more than $3.2 billion.
The city is on a ten-year cycle of redevelopment and renewal, and offers an attractive location for business and industry to establish, expand, and relocate within targeted development opportunities throughout the city.
Most notably, our downtown is an attractive location for new urban residential development with proven demand across a wide demographic range of potential city dwellers. Downtown projects now under construction include a new boutique hotel, new brewpubs and restaurants, and a new co-creative center.
Here are examples of the type of opportunities that are available across the city. For more information or a tour, please contact Angela Johnston, our Director of Business Development.
The Keystone site is situated in the heart of New Bedford’s historic district and the Purchase/Union Innovation District. Directly across the street from UMass Dartmouth’s College of Visual and Performing Arts and Bristol Community College, it’s only a short walk to amenities including cultural attractions, restaurants, retail, parking, public transportation, and the waterfront.
Map/Parcel: 52 359 Ownership:Melville Real Estate LLC Zoning: MUB Current Use: VACANT Land Lot Size: 9805 sq ft lot (.23 acres) Assessed Value: $161,800
This site is adjacent to 117 Union Street and completely independent for separate development opportunities. Located on the central artery that runs through downtown connecting New Bedford to Fairhaven and Dartmouth. Retail, restaurants and cultural institutions surround the site.
Map/Parcel: 53 215 Ownership: Piva A Paul, Gail Florek Zoning: MUB Current Use: Vacant Lot Size: 2,074 SQ. ft. BLDG., 0.049 acres Assessed Value: $187,000
Located in the New Bedford Whaling National Historical Park and across from the New Bedford Whaling Museum. Over 6,000 sq ft of open space, 12 ft. ceilings, 2 ramps, water sprinklers and parking. One of a kind in downtown!
Map/Parcel: 53 105 Ownership:11 William Street Real Estate Zoning: IA Current Use: Vacant, former retail Lot Size: 6,200 retail opportunity Assessed Value: $424,200
A modern 5,100 sq ft opportunity, former bank, could be recreated into something cool. The site has 25 parking spaces included in the lease and ADA restrooms. A rare opportunity in the heart of the downtown.
Map/Parcel: 53 273 Ownership: T &b O Realty Inc. Zoning: MUB Current Use: Vacant, former bank Lot Size: 5100 sq ft Assessed Value: N/A
This site is located in a dense neighborhood, with easy access to Route 18, and to the neighboring town of Dartmouth. The surrounding retail complements this site, built in 2004. Professional services, entertainment, restaurants, and local grocers contribute to the vibrancy of this south end hub of activity.
Map/Parcel: 19 3 Ownership: TRT New Bedford LLC C/O Keypoint Partners Zoning: MMB Current Use: MIXED COMMERCIAL USES Lot Size: 70,824 SQ. ft., bldg., 8.696 acres Assessed Value: $4,718,700
A 37,000 sq ft shopping center steps away for Clark’s Cove and West Beach. Located on the southern peninsula and only 10 minutes from downtown by car. Close to a residential development project with 200 planned market rate units.
Map/Parcel: 13 126 Ownership: LINEAR RETAIL NEW BEDFORD Zoning: MUB Current Use: MIXED COMMERCIAL USES Lot Size: 37,411 SQ. ft., bldg., 5.36 acres Assessed Value: $2,408,100
This mill site is adjacent to the harbor, the harbor walk and bike path and close to the New Bedford Marine Commerce Terminal. It sits nicely at the edge of dense neighborhoods and is close to the Harborwalk and family-owned restaurants.
Map/Parcel: 21 47 Ownership: Outer Harbor LLC Zoning: IB Current Use: OWNER WILL SUBDIVIDE Lot Size: 200,672 SQ. Ft., bldg., 2.708 Acres Assessed Value: $1,065,300