Worcester Business Journal

wbjournal.com | October 19, 2026 | Worcester Business Journal 21 One CitySquare - 3 Eaton Place Owner: Industrial Commercial Properties LLC Currently green space, 3 Eaton Place is the last undeveloped parcel formerly home to the Worcester Galleria. At just under 4 acres, the site consists of a deck above an underground parking garage. Industrial Commercial Properties, an Ohio-based commercial real estate firm, purchased the site for $4.2 million in 2025. ICP calls the site One CitySquare. Worcester-based Kelleher & Sadowsky Asso- ciates brokered the sale. Managing Partner Will Kelleher said ICP is working to finalize its plans for the site, which could include condominiums, mar- ket-rate apartments or even office space. Kelleher noted new Class-A office space would replace some of the city's inventory that was lost when the former Fallon Health headquarters at One Chestnut Place was converted to apartments. Former Registry of Motor Vehicles site - 611 Main St. Owner: Worcester Redevelopment Authority e Worcester Redevelopment Authority took ownership of the former RMV site at 611 Main St., located between Downtown Worcester and the Canal District, in January. Aer a September listen- ing session to gather input on the site's future, the WRA is expected to issue a request for proposals by the end of the year, with a minimum bid of $1.5 million. Housing was a major focus of discussion at the September meeting. e site currently contains a 13,330-square-foot building, with most of the remaining 3-acre parcel used for parking. Former Notre Dame des Canadiens site - 5 Salem Square Owner: Foresight Capital LLC Aer nine decades overlooking Worcester Common, the former Notre Dame des Canadiens cathedral was demolished in 2018 to make way for redevelopment. Foresight Capital, a Rhode Island-based firm led by developer Matthew and Rebecca Spencer, purchased the site in 2022 for $5 million. e fenced-off site has remained undevel- oped ever since, and the City of Worcester filed a $5,845 lien in January to cover the costs of fence repairs and graffiti removal. e 1.69-acre lot sits in a BG-6.0 zone, allowing for a range of commercial, residential, or mixed-use development. Foresight could not be reached for comment by WBJ. Former Saint Peter-Marian High School - 781 Grove St. Owner: Goddard/Homestead Inc. Saint Peter-Marian Central Catholic Junior-Se- nior High School in Worcester closed in 2020, merging with Holy Name Central Catholic Ju- nior-Senior High School to form Saint Paul Dioce- san Junior-Senior High School at the former Holy Name campus. Worcester nonprofit Goddard/Homestead Inc. purchased the former Saint Peter-Marian campus at 781 Grove St. from the Diocese of Worcester for $4.75 million in December 2021, with plans to rede- velop the property into a senior living community. e not-for-profit later abandoned those plans and put the 23.8-acre property on the market in May 2025 with a suggested sale price of $6.5 million, citing rising construction costs and borrowing rates that made the project financially unworkable. e school building at the site is still standing, but has seen better days, with boarded-up windows and overgrowth around the property. Real Estate Worcester's 10 biggest development opportunities BY ERIC CASEY WBJ Managing Editor W orcester's next wave of development could take shape on prop- erties that today sit vacant, largely unused or awaiting a new purpose. From downtown parcels to former school and in- dustrial sites, these 10 locations offer some of the city's most intriguing redevelopment possibilities. is overview considers their size, location and potential uses, rather than offering a definitive ranking or predicting which projects will move forward. PHOTO | COURTESY OF GOOGLE EARTH PHOTO | COURTESY OF GOOGLE MAPS PHOTO | COURTESY OF KELLEHER & SADOWSKY PHOTO | COURTESY OF NAI GLICKMAN KOVAGO & JACOBS continues on page 22 5 Salem Square 781 Grove St. 611 Main St. 3 Eaton Place

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