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Article: Developer buys historic Hub textile building for $9m, plans residences
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- November 7, 2006
- Author:
CopyrightCopyright 2006 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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The real estate along the edge of the old Central Artery in
downtown Boston is beginning to take on a new life, the latest
development being the proposed redevelopment of a once prominent
textile building.
Swampscott businessman Ori Ron, who redeveloped 50 residential
units in the nearby Leather District, has purchased the old Dainty
Dot Hosiery property on Kingston Street near Chinatown for $9
million. A large portion of the building was lopped off in the mid-
1950s to make way for the artery, but a six-story, 53,000-square-
foot structure remains.
Ron has tentative plans for residential housing on the site but
has not released more details. Under current zoning Ron can build a ...