362-unit Dot Block project could break ground by summer
A major development planned for Dorchester has a new financial backer and construction could begin by early summer.
A little-known investment group, Wintergold, paid $19.1 million for the site — known as the Dot Block — located along Dorchester Avenue in Glover’s Corner, according to Suffolk County property records.
A spokeswoman for Dot Block said its previous developers, led by local retail veteran Sean Gildea, will continue to lead the design and construction of what will be the neighborhood’s largest such project in decades. They won key city approvals for the 362-unit apartment complex with ground-level shops earlier this year, then marketed the project to investors to finance the $150 million needed to move forward.
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