Project of the Month: Crosspoint Associates and AvalonBay to redevelop former Hilltop Steakhouse into mixed-use development
Saugus, MA Located just twelve miles outside of Boston, the site of the former Hilltop Steakhouse, known throughout the region for its iconic 68 foot cactus sign, is set to be redeveloped in 2018. Crosspoint Associates and AvalonBay Communities have partnered through a joint venture to redevelop the 14 acre site into a mixed-use development that will include 280 residential units and 23,600 s/f of retail anchored by diverse, service-oriented businesses.
The vision for Avalon Saugus is a mixed-use community that aligns with the smart growth Business Highway Sustainable Development (BHSD) zoning district created by the town to encourage mixed-use development along Rte. 1. The residential community will offer residents modern amenities and spacious living layouts with direct access to service-oriented retail tenants and dining options. The retail will benefit from its prominent location on Rte. 1 and from a customer base in the adjacent residential community.
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