1630 Hancock Street
Quincy, MA 02169
Transformative Mixed-use Development with QCZD-15 in Quincy Center
Land
32,506 Sqft
Zoning
QCZD-15
Building
9,749 sqft
THE OFFERING
Home of the former Colman’s Sporting Goods and currently occupied by Good Health Natural Foods, 1630 Hancock Street (“Colman’s”) is well-positioned to take advantage of the ongoing real estate development boom that is changing the face of Quincy.
A 9,749 square foot building on a 32,506 sq ft sloped piece of land with curb cuts on both Hancock and Mechanic Street, the Colman’s parcel is perfectly suited for redevelopment on its own or as part of a larger assemblage of the block. The parcel sits at the Southern end, and the highest point, of what is known as the Quincy Center District.
The rezoning of the area that includes Colman’s signals Quincy’s strong desire for exciting new development. QCZD-15 is the most generous zoning designation in terms of use, height, and density in the City. Potential developers are working with a clean slate, unlimited in their aspirations whether they are Bio-Tech/Med, residential, retail/entertainment, or any mix thereof. It is easy to envision underground/structured parking to support future rises. The City has consistently supported private development in this zone’s public investments, including parking structures and other infrastructure.
Investment Highlights
Investment Highlights
True Core Location
Situated in the Quincy Center neighborhood, 1630 Hancock is an 11 minute walk to the Greenbush and Middleborough/Lakeville Lines at the Quincy Center Red Line Station and four blocks from City Hall. Its walk score of 90 makes daily errands easy, not requiring a vehicle.
QCZD-15
The property’s QCZD-15 zoning is the City’s most permissive zoning designation and allows development as tall as 20 stories by special permit, 15 stories by right.
Covered Land Play
Current cash flow from existing 7,700 square feet tenant with ability to dislocate at no cost.
Excellent Visibility
The 32,506 square foot site occupies two corners and offers frontage on three streets which allows for curb cuts and potential future underground parking, as well as ample frontage for a retail anchor and multifamily, hospitality, or medical office/office presence on the street.
Extraordinary Unobstructed Views
Located at the highest point of the QCZD-15 zone, and surrounded on two sides by more restrictive zoning, 1630 Hancock will benefit from exceptional views of Downtown Boston, Boston Harbor and all points north, south, east and west.
Quincy’s Resiliency
Quincy, abutting Boston and connected via the Red Line and Route 93 through to Cambridge, is attracting new residents and capital due to its powerful and diverse economic underpinnings. As a world leader in Education, Health Care, Technology, and Life Sciences, the region consistently ranks in the top 5 in the nation for real estate investment.
Property Details
| Address: | 1630 Hancock Street, Quincy, MA 02169 |
| Parcel ID: | 1145-3-5 |
| Zoning: | QCZD-15 |
| Boundary Streets: | Hancock, Elm and Mechanic Streets |
| Lot Area: | 32,506 square feet |
| Current Use: | Retail store and associated parking |
QCZD-15 ZONING
QCZD-15 district is primarily intended to accommodate mixed-use development including a broad range of uses including residential, retail, hospitality, biotech/medical office or assisted living. An additional height bonus to 20 stories is available. The property is also within the URDP designation. With the Ross and Hancock parking lot redevelopments underway or completed, this is the next major site for substantial development.
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Regional Information
