Banker & Tradesman: Emerging Developers Bring Dormant Boston Sites to Life
Builder Coalition Leverages City Vacant Property Program
Banker & Tradesman | Written by Steve Adams, Banker & Tradesman Staff | July 27, 2025
Urban renewal projects leveled inner-city Boston neighborhoods in the mid-20th century and many parcels sat vacant for decades, serving as lingering reminders about the downside of top-down real estate schemes.
In recent years, the city of Boston has been reversing the displacement process: offering vacant city- owned parcels to minority developers for infill housing projects. Some of the first projects are materializing in Roxbury, Dorchester and Mattapan, creating income-restricted opportunities for homeownership in renter-dominated neighborhoods.
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