St. Amand said the development will take place with or without a casino.
James L. St. Amand of Palmer PALMER - Northeast Realty Associates and its development partner, Cardinal’s View LLC, have announced that the 1.1 acre Sakowski property at the "triangle parcel" at Thorndike and Shearer streets will be purchased in August. This parcel, at 405 Shearer St., will be incorporated into Northeast's plan to develop that corridor, and is currently under option.
The Sakowski parcel abuts the exit 8 ramp of the Massachusetts Turnpike.
James L. St. Amand, Northeast Realty's community liaison, said this represents part of phase 1 of the development project planned for that corridor, which is being called the "Gateway to Western Massachusetts." This area consists of 20 acres under Northeast's control.
St. Amand said the development will take place with or without a casino. Connecticut-based Mohegan Sun is proposing a resort casino across from this site on 152 acres owned by Northeast on Thorndike Street (Route 32).
The Sakowski property news follows another recent announcement by Northeast about its agreement with Pride Stores, a gas station company, to lease a portion of the 20 acres for a fueling facility and convenience store.
Northeast recently purchased the former Rondeau icehouse property, which is adjacent to the triangle, and plans to develop approximately 5 acres there. Northeast also hopes to develop 110 acres abutting the proposed casino site.