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
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