Harding Green is a planned development project in Worcester. The developers, Canal District Partners, needed funds to transform what is now a vacant dirt lot into a hub of housing, retail, and culinary delights.
MassDevelopment provided the developers a $1.8 million direct loan, enhanced with a mortgage insurance guarantee. The funds will make it possible to create a mixed-use development including 48 housing units, shops, and an exotic indoor food market offering cuisines from around the world.
Harding Green Development sits near another redevelopment project, an underused property soon to be the new home of the Worcester Red Sox. Together, these projects will create a vibrant neighborhood for shopping, eating, and passionate cheering.