The Town of Swampscott is finalizing the purchase of the property at 12-24 Pine Street. This property was recently approved by the ZBA to allow for redevelopment into a market-rate multifamily development.
The acquisition, approved by community at the 2023 Annual Town Meeting, allows the Town to combine this property along with the adjacent, already-owned Town property at 10 New Ocean Street which is the current home of VFW Post 1240. The Town is focused on supporting those who have dedicated their lives to the serve the country and therefore is looking to create a new model for veteran support and recognition.
The Town's Request for Proposals (RFP) closed on September 25, 2023. The submitted responses are currently being reviewed.