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Auction of Former High School Property Sparks Economic Growth

Aerial view of a former high school property on the South Shore

South Shore, Massachusetts, December 31, 2025

A significant former Catholic high school property on the South Shore of Massachusetts is set for auction, drawing interest from developers eager to revitalize the site. This 123,000-square-foot property, located on 82 acres near Plymouth, offers opportunities for diverse redevelopment projects to address local housing and commercial needs. With a starting bid of $750,000, this auction coincides with broader economic trends and highlights the potential for innovative solutions to reshape underutilized assets in the region.

Boston, MA – The upcoming auction of a significant former high school property on the South Shore is drawing attention from developers and community planners alike, signaling a fresh opportunity for regional economic growth and entrepreneurial innovation. This event underscores a broader trend in Massachusetts where strategic private investment can breathe new life into underutilized assets, fostering a resilient economy and creating new opportunities for residents and businesses.

The South Shore, a vital component of the greater Boston economic ecosystem, is poised for potential transformation. Such auctions represent not just a transaction but a chance for Massachusetts entrepreneurs to envision and implement projects that align with the region’s evolving needs, from housing to commercial ventures. The narrative of repurposing and revitalizing older structures through market-driven solutions is a testament to the enduring spirit of local economic growth and community development.

South Shore Property Awaits New Vision

A former Catholic high school on the South Shore is set to be auctioned in late January, presenting a substantial opportunity for redevelopment. This property, spanning 82 acres near Plymouth, includes a 123,000-square-foot building. Bidding for the sizable parcel is scheduled to commence at $750,000. Previous plans for housing development on the site were withdrawn in 2023, leaving its future open for new proposals and innovative solutions. This auction marks a pivotal moment for the area, inviting private sector ingenuity to shape its next chapter.

Reimagining Educational Spaces for Future Use

The redevelopment of former school buildings into new community assets has proven to be a viable path to urban and suburban renewal. Old school structures are notably amenable to conversion into housing, demonstrating a practical approach to addressing housing needs across the state. Massachusetts has seen successful transformations of former school properties into affordable rental homes, including developments that cater to specific demographics like artists or seniors. Such projects often involve essential upgrades, including the remediation of lead and asbestos, and can benefit significantly from financial incentives such as low-income housing tax credits and Federal Historic Tax Credits, particularly if the property qualifies for historic designation.

State-level regulations, specifically the Dover Amendment (M.G.L. c. 40A, Section 3), provide a broad exemption for land and structures used for educational or religious purposes from many local zoning bylaws. While this exemption aims to protect institutional uses, it also means that redevelopments, even for new uses, often navigate a complex regulatory landscape that balances broad state allowances with reasonable local regulations concerning aspects like the bulk and height of new structures.

Massachusetts’ Economic Currents and Real Estate Outlook

The broader economic context in Massachusetts, particularly within the commercial real estate sector, provides an interesting backdrop for this South Shore auction. Recent reports indicate a notable shift in Boston’s office market, with overall vacancy rates increasing to 23.6% in the third quarter of 2025. Forecasts for the coming year suggest a pessimistic outlook for the recovery of office and lab markets in the Boston area. However, there is also an expectation of market stabilization in 2026 due to limited new speculative supply, with a continued demand for high-quality commercial spaces.

On a Nationwide scale, the U.S. commercial real estate market is predicted to transition “from resilience to optimism” in 2026. This positive outlook is supported by a resurgence in capital flow and a trend of declining interest rates. These overarching economic dynamics, while not directly tied to the South Shore school auction, highlight the diverse conditions and opportunities present within the broader Massachusetts real estate market, underscoring the importance of strategic investment in promising regional assets.

Fueling Regional Growth and Entrepreneurship

The disposition of this substantial property aligns with ongoing efforts to bolster South Shore economic development. Several South Shore towns have received regional economic development grants, signaling a concerted effort to strengthen and retain existing businesses, as well as to foster new business start-ups and entrepreneurship. These initiatives are part of a broader “South Shore 2030” plan, which aims for long-term regional economic stability through diversifying the economy with higher-value jobs and addressing workforce shortages. Recruiting new businesses to the region and promoting local entrepreneurs are key objectives, contributing to the overall vitality of the Boston MA business landscape.

The Fiscal Dynamics of Housing Development

The conversion of large properties, like former schools, into housing is often seen as beneficial. State-level research on the fiscal impact of new housing production in Massachusetts generally reveals a positive outcome, with both municipalities and the state experiencing net financial benefits. However, it is also acknowledged that some communities might face net losses if their schools are already operating at full capacity or if new housing developments lead to an increase in students with high special education needs. To further encourage development in strategic areas, State-level programs such as the Housing Development Incentive Program (HDIP) offer tax credits for projects that create market-rate housing in Gateway Cities. These programs are designed to support local economic development and enhance the diversity of housing options available, crucial elements for sustained Boston small business growth and a thriving Massachusetts economy.

A Call to Action for Boston’s Economic Future

The upcoming auction of the South Shore high school property offers a prime example of how private enterprise and thoughtful development can contribute to Massachusetts’ economic growth. It is a moment for visionary Massachusetts entrepreneurs and developers to step forward, transforming an underused asset into a vibrant contributor to the region. As Boston continues to evolve, the ability to creatively repurpose and invest in local resources remains paramount for fostering job creation, strengthening local economies, and ensuring a robust future for all. Community engagement and forward-thinking proposals will be critical in shaping this property’s next chapter, reflecting the resilience and innovative spirit of the entire Boston MA business community.

Frequently Asked Questions (FAQ)

What is being auctioned on the South Shore?

A vacant former Catholic high school building, approximately 123,000 square feet, located on 82 acres near Plymouth, Massachusetts, is being auctioned.

When is the auction taking place?

The auction for the property is scheduled for late January.

What is the starting bid for the property?

Bidding for the property will start at $750,000.

Were there previous development plans for this site?

Yes, previous plans for housing development on the site were withdrawn in 2023.

Is it easy to convert old schools into housing?

Old schools are relatively easy to convert into housing.

What are some considerations for redeveloping former school buildings?

Redevelopment often requires addressing issues like lead and asbestos remediation, and can be supported by low-income housing tax credits and Federal Historic Tax Credits if the property qualifies.

How does this auction relate to the broader Massachusetts economy?

This auction represents an opportunity for private investment and redevelopment, aligning with State-level efforts to promote economic growth and address housing needs.

Key Features: South Shore High School Property Auction

Feature Description Scope of Fact
Property Type Vacant former Catholic high school Local
Building Size 123,000 square feet Local
Land Size 82 acres Local
Location Near Plymouth, Massachusetts (South Shore) Local
Auction Date Late January Local
Starting Bid $750,000 Local
Previous Plans Housing development plans withdrawn in 2023 Local
Conversion Ease for Schools Relatively easy to convert into housing State-level
Boston Office Vacancy (Q3 2025) 23.6% Local (Boston)
U.S. Commercial Real Estate Outlook (2026) Shifting “from resilience to optimism” Nationwide

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STAFF HERE BOSTON WRITER
Author: STAFF HERE BOSTON WRITER

The BOSTON STAFF WRITER represents the experienced team at HEREBoston.com, your go-to source for actionable local news and information in Boston, Suffolk County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Boston Marathon, Head of the Charles Regatta, and Boston Harborfest. Our coverage extends to key organizations like the Greater Boston Chamber of Commerce and Associated Industries of Massachusetts, plus leading businesses in finance, biotech, and insurance that power the local economy such as Fidelity Investments, Biogen, and Liberty Mutual Insurance. As part of the broader HERE network, we provide comprehensive, credible insights into Massachusetts's dynamic landscape.

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