NAI Glickman, Kovago & Jacobs represented the $1.4 million sale of a 2.5-acre development site at 277 Providence Highway in Worcester, MA on behalf of Depot Associates, LLC to Park City Development, LLC, a Delaware-based development company out of Fulton, Maryland.
“This site presented a compelling opportunity, where the Route 146 interchange access and strong regional demand for extended stay hospitality made it an attractive acquisition for a developer of this caliber,” said Michael C. Jacobs, Managing Principal of NAI Glickman, Kovago & Jacobs. “We continue to see significant interest in Worcester-area land and development sites, and this transaction reflects the growing confidence investors have in Central Massachusetts.”
The 2.5-acre parcel is strategically located along the Route 146 interchange in Worcester and is slated for the development of a 122-room extended stay hotel. Construction is expected to begin in Summer 2026. The buyer, Park City Development, LLC, was represented by Blackline Retail Group.
