Business & Tech

$45M Downtown Salem Project in the Works

The Salem News is reporting that Somerville developer is planning on building a $45 million mixed-use development right in the heart of downtown Salem.

A Somerville developer is reportedly making plans to construct a $45 million development in downtown Salem, the Salem News is reporting.

The company, RCG, is hoping to building a five-to-six story building on the block surrounded by Washington and Dodge streets with space for retail, offices, housing and a hotel, according to the Salem News article.

Mayor Kim Driscoll is expected to address the project at tonight's City Council meeting at City Hall on Washington Street.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

What do you think of the proposal? Let us know in the comments section below.

Salem Patch will be posting additional information as it becomes available.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here