1940 Park Avenue (The Barclay) Redevelopment
Summary
The long-abandoned Barclay Plaza site is set to be redeveloped into a 105-unit residential building with attainable housing units, bringing relief to a blighted neighborhood corner.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jul 8, 2026.
Impact analysis
Includes a $2 million upfront rent payment to the city and substantial private investment.
Collins Park residents, local workforce, and seniors seeking housing options.
None identified; local residents have complained of past blight and security issues at the vacant site.
Mentions & discussions (2)
Finance and Economic Resiliency Committee - Jul 8, 2026
The city is moving forward with a 99-year ground lease to finally redevelop the long-vacant Barclay property into multifamily housing with retail and senior apartments.
Planning Board - Jul 7, 2026
The long-abandoned Barclay Plaza site is set to be redeveloped into a 105-unit residential building with attainable housing units, bringing relief to a blighted neighborhood corner.
Related development
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