Business & Tech
Sharon Commons Retail Developer Pulls Out, Project To Be Delayed
By Jeff Fish
The Sharon Commons retail development, a 450,000-square-foot shopping complex similar to Mansfield Crossing or the Village Mall in Cobb’s Corner in Canton, is facing a setback because the developer, Congress Group, has pulled out of the project.
Town Administrator Ben Puritz said that property has now gone back to the banks since Congress Group pulled out and new developers are actively being reviewed.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
The development, located near the Foxboro town line across from Shaw’s plaza and near Interstate 95 is “very significant” for Sharon, said Puritz, explaining that it would the small commercial portion of Sharon’s tax base by 40 to 50 percent.
Luckily, the process will not have to start over since the two-year process of getting the proper permits issued has already been completed, according to Puritz.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.