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Dorchester’s Dot Block could break ground this summer

And it could soon have a neighbor

Rendering of the multi-building Dot Block in Dorchester Bldup.

Dorchester’s ginormous Dot Block, one of the most significant new projects planned in Boston, has scored key financing that could allow the development to break ground in early summer 2017.

Recall that the approximately 10-building, nearly 400,000-square-foot Dot Block along Dorchester Avenue in Glover’s Corner will include 362 apartments, plus retail.

Interestingly, the project could soon have a similarly beefy neighbor. Per Tim Logan in the Globe:

Billionaire investor Gerald Chan last year spent $5.25 million to buy a 2-acre site across the street from Dot Block. It was Chan’s first major real estate investment outside Cambridge, where he owns several buildings in and around Harvard Square. Chan has not yet filed any development plans for the land with Boston officials.

Stay tuned.