For more information contact: Jeanie Griggs
(617) 589-3895; jgriggs@davismalm.com
On August 12, 2010, the South Shore Tri-Town Development Corporation (SSTDC) issued $12,550,000 of Infrastructure Development Revenue Bonds to fund a portion of the public infrastructure needs for SouthField, a phased village-style mixed-use community. Located on the site of the former South Weymouth Naval Air Station, the development will include homes, offices, restaurants, retail shops, a golf course, turf athletic fields, an ice-skating rink, and a movie studio complex. LNR Property Corp., a Florida-based real estate company, is the master developer of the project. Whitman Homes and Interactive Building Group plan to start construction this fall on 60 homes in what will become SouthField’s first residential village, called Southfield Highlands.