Land Transfer Paves Way for Public Open Space

Water view from Lynn property

Lynn, MA – Charter Development and National Grid announced the closing of a land transfer along the waterfront in Lynn, paving the way for the future creation of a 30-acre public open space as envisioned by the city of Lynn’s 2019 Waterfront Master Plan.

Lynn HarborPark LLC, a Charter Development affiliate, has taken title to four parcels totaling 16 acres, previously owned by Mass Electric Company (National Grid), and complementing a 15-acre parcel encompassing the Former Lynn Landfill, acquired in 2019 via foreclosure from a defunct real estate trust.

Together, this 30-acre assemblage forms the footprint of a planned public waterfront park, the signature central feature of the city of Lynn’s 2019 Open Space Master Plan.

At the completion of this first phase, expected in late 2023, implementation of the second phase would begin, including end-use design and construction. The 2019 Municipal Harbor Plan amendment – approved by the Lynn City Council in October 2019 – anticipated private and public stakeholders forming a public-private partnership to design, fund and build this signature public park.