Bay Colony, Jones Road, and the old Polaroid site at 1265 Main Street just got rezoned for mixed-use development after the City Council overrode Mayor McCarthy's veto on August 4. Developers are capping the first phase at 2,000 units, but an engineering review says the land could eventually hold nearly 6,000.

For buyers: don't expect new inventory soon — permitting and construction phasing push the earliest units out several years.

For sellers near Bay Colony or the Winter Street corridor: watch how the redevelopment timeline plays out. Big rezonings like this tend to change a neighborhood's long-term resale value well before any units are actually built.

Ready to talk? Nouné Karapetian, REALTOR®, Compass — 617.256.7097 Allen Babroudi, REALTOR®, Compass — 617.388.9601 📧 [email protected] | 🌐 nounek.com