Old Family Dollar demolished in Quincy Center. What will take its place?
Arcari's 68,000-square-foot tower at 1445 Hancock St. would include 18 spaces of subsurface parking, a two-level restaurant and five levels of one- and two-bedroom apartments, with 43 units in all. Quincy's planning board approved the proposal in May 2023.
The development will be called "The Hancock," according to renderings on the website for Monarc Development, Arcari's company.
In 2023, Arcari told The Patriot Ledger he would rent 25 spaces from a nearby public parking garage currently under construction for tenants who don't receive one of the 18 spaces under his building.
Arcari did not respond to requests for a construction timeline left with Monarc Development and his Broadway Hospitality Group.
The tower will replace a two-story brick building built in 1924. Quincy's historical commission approved demolition of the building in October 2023.
Earlier this year, Quincy knocked down two city-owned properties next door at 1455 and 1459 Hancock St. which once held a doughnut shop and taekwondo studio. Now a vacant lot, the space will become a public park providing open cafe seating for Arcari's restaurant.
Quincy acquired the properties through eminent domain in 2022, paying $7 million in compensation. The acquisitions were financed through debt.
The park will connect Hancock Street with General McConville Way, where two large developments are currently under construction on either side of the Generals Bridge.
In a video address posted to social media, Mayor Thomas Koch said ongoing work on a medical office building with public parking garage and retail space attached, overseen by FoxRock Properties, will be completed in 18 months.
On the other side of the bridge, Koch said crews are working on a mixed-use project by Atlantic Development and the Hanover Co. that will bring about 300 new apartments and retail space to Quincy Center, including a grocer rumored to be Trader Joe's.
"It's really going to liven up this part of Quincy Center," Koch said.
On the other side of the future city park, Sam Slater's Tremont Asset Management has proposed a 15-story tower at 1469 Hancock St. The Adams Arcade building, which was built in 1933 and formerly held a discount furniture store, would make way for 204 residential units and retail space.
Tremont Asset Management, Slater's company, did not immediately respond to a request for updated information on the the development at 1469 Hancock St.
Peter Blandino covers Quincy for The Patriot Ledger. Contact him at pblandino@patriotledger.com.
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This article originally appeared on The Patriot Ledger: What will replace demolished Family Dollar in Quincy Center
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