Property Sale & Development - 26 Claridge Drive / E.D.

This solicitation concerns the sale of a 10,000‑sq‑ft parcel at 26 Claridge Drive, Worcester, MA, with a single‑family home on the site. The City of Worcester seeks a buyer who will develop the property into an owner‑occupied single‑family residence, preferably with an affordable‑housing restriction lasting at least 30 years. The buyer must submit a bid price, a 10 % security deposit, and assume all costs related to title work, permitting, environmental compliance, and site development. The award was given to Goventure Capital Group, and the contract imposes strict timelines—title must be conveyed within 30 days of permit issuance and the development must be completed within 30 months, or the property reverts to the City.