Seven real estate developers are competing to buy the old Middlesex County Courthouse in East Cambridge.
At least two of the developers — Trinity Financial and HYM Investment Group — are looking at building residential components to any redevelopment of the 22-story complex, the Herald is reporting. One has to assume some of the other bidders, such as Boston Properties, see an office-development opportunity for the site, which isn’t too far from Kendal Square.
The building, believe it or not, still houses prisoners in its upper-stories jail. But the prisoners will soon be move to a correctional facility in Billerica.
It’s going to be interesting to see who wins the competition — and what will become of the building. The Boston area desperately needs more housing. But East Cambridge could also use more offices. We’ll see.
File under: Courthouse intrigue