On a Thursday in October, state officials and members of the Nordblom family broke ground at 110 Stergis Way, just behind Legacy Place. Patch reported that Sen. Mike Rush, Rep. Paul McMurtry and Massachusetts Housing and Livable Communities Secretary Juana Matias were there. The project is called Vantage. It will put 154 rental apartments where two obsolete commercial buildings now stand: 131 at market rate and 23 income-restricted. It is expected to open in spring 2028.
For anyone who wants to buy in Dedham, the important word in that report is "rental." Dedham has now approved or started close to 700 new homes in the Corporate Center and Legacy Place area, and the town's own records describe the large projects as apartments. Over the same period, Dedham's condo resale market has slowed, with fewer new listings and fewer sales. The town is building a lot of housing, and very little of it will be for sale.
The Zoning Pointed Growth at One Station
Dedham's growth is concentrated by design. Under the state's MBTA Communities law, Town Meeting adopted a by-right multifamily overlay as Article 14 on May 15, 2023. The state housing office approved it in a compliance letter dated September 30, 2024. That letter puts the district at 78.5 acres with room for 2,113 multifamily units, against a requirement of 49 acres and 1,569 units.
Dedham has four commuter rail stations within or near its borders. Planners chose to build the district around Dedham Corporate Center, and the town's 2023 MBTA Communities planning report explains why:
"Unlike Endicott, Corporate Center has precedent of higher-density, mixed-use, transit-oriented development... Meanwhile, development around Endicott is largely dedicated to lower-density, single-family residential uses."
The same report noted that land near Route 128 is largely wetlands and that only a few Dedham parcels sit within a half-mile of Readville. When it was written, there were already 1,147 units built, permitted or proposed near Corporate Center. The sites it named for the district include the MBTA parking lot, the empty lot at 124 Quabish Road, Jefferson at Dedham Station, The Avens, Legacy Place and the Fairfield Inn. Town officials said they wanted to comply with the law without changing the character of Dedham's neighborhoods.
So the zoning protected the town's single-family streets and pointed new density at an area that was already full of apartments. The Avens at Dedham Station has 285 homes and is run as an apartment community, and Jefferson at Dedham Station is also rental. The new projects are following the same pattern.
What Has Been Approved, Sorted by Who Can Own It
| Project | Size | Status | How the town describes it |
|---|---|---|---|
| Vantage, 110 Stergis Way | 154 units | Under construction, opening expected spring 2028 | Rental apartments |
| 124 Quabish Road | 380 units | Approved June 2026, first project under the MBTA Communities zoning | "380 apartments" |
| Allied Landing, 25 Allied Drive | 160 units | Approved March 2026, conversion of a 267-room Hilton | "160 apartment units and office space" |
| 2 Bridge Street, Waterford's site | 26 units | Approved February 2026 | Condominiums, with a 60-seat restaurant |
| 359 Washington Street, Dedham Square | 14 units | Approved August 2026 | Condominiums |
| 50 and 49–57 Bridge Street, former Moseley's | 108 units | Revised plans under review this fall | Apartments |
The first three projects, all in the Corporate Center and Legacy Place area, add up to 694 homes. The approved condominium projects add up to 40, and both are small buildings on the Charles River and in the Square. The former Moseley's site is the largest project now being reviewed outside Route 1. Its developer, 50 Bridge Street LLC, is back with 108 apartments in two four-story buildings, which is 22 more units than the board approved in February 2025, according to the Needham-Dedham Times.
How the Town Keeps Score
The town has a clear financial reason to favor these projects. In its September 2026 summit, the Planning Board gives an estimate of "new net property taxes" for each project, which it defines as new revenue after subtracting the typical costs of serving it, such as public safety and schools. The estimates line up roughly with project size:
- Vantage: over $200,000 a year, plus $35,000 set aside for future improvements to Wigwam Pond
- 124 Quabish Road: an estimated $500,000 a year, plus an agreement to help pay for a new MBTA bus stop on Legacy Boulevard
- 25 Allied Drive: an estimated $200,000 a year, with the property's assessed value rising from about $13 million to over $42 million
- 2 Bridge Street: an estimated $50,000 a year
By the town's own estimates, the large apartment buildings near Route 1 bring in the most net revenue and draw the least objection from established neighborhoods. Those projects also share the cost of fixing the traffic they add. The town has a state grant request pending for a signal at Elm Street and National Drive, the secondary entrance to Legacy Place. It also plans to apply in 2027 for a multi-million-dollar grant covering Providence Highway, Legacy Boulevard, Dedham Plaza and a bus stop on Legacy Boulevard. The town says all of that work has been funded by state grants and private property owners.
For a buyer, the result is that Dedham is adding residents along Route 1 much faster than it is adding homes they could buy.
The Condo Market Is Slowing
The Massachusetts Association of Realtors' September 2026 Dedham market update is the latest month of closed-sale data. Its condominium section shows less activity and softer pricing this year.
| Dedham condos, January through September | 2025 | 2026 | Change |
|---|---|---|---|
| Closed sales | 62 | 34 | −45.2% |
| Pending sales | 51 | 32 | −37.3% |
| New listings | 74 | 53 | −28.4% |
| Median sale price | $525,000 | $511,000 | −2.7% |
| Cumulative days on market | 32 | 51 | +59.4% |
| Percent of original list price received | 101.8% | 98.8% | −2.9% |
New condo listings in Dedham fell 28.4% through September. Over the same months, cumulative days on market rose from 32 to 51, and sellers received 98.8% of their original list price, down from 101.8%. Sales fell even faster than listings, so unsold units built up. At the end of September there were 16 condos on the market, up from 13 a year earlier, equal to 4.4 months of supply compared with 2.3 months. A single month of data in a market this small can swing a lot. September 2026 had no condo closings at all, so the year-to-date figures are the more reliable guide.
This fall, a Dedham condo buyer has more units sitting on the market and more negotiating room than a year ago. Fewer new condos are being listed, though, and the large projects near Route 1 will not change that, because they are being built as apartments.
Single-Family Supply Is Moving the Other Way
Over the same months, single-family listings increased. Through September 2026, Dedham had 240 new single-family listings, up 14.3%, and 165 closed sales, up 5.8%. The year-to-date median was $770,000, down 4.3% from $805,000. At the end of September there were 47 single-family homes on the market, or 2.6 months of supply, compared with 39 homes and 2.2 months a year earlier.
Single-family sellers still did well. They received 100.8% of their original list price on average through September, almost the same as 2025, and homes sold in a cumulative 34 days. More houses are coming to market, and they are still selling at or near asking price.
That leaves Dedham with three separate housing markets. Single-family homes have more listings and steady pricing. Condos have fewer new listings, slower sales and softer pricing. Apartments are where nearly all the new construction is going. The zoning that left Endicott's single-family streets alone is the same zoning that sends large-scale construction to Corporate Center as rentals.
Where Dedham's Next For-Sale Homes Could Come From
New ownership housing will arrive in small projects, and most of it is still at an early stage. The 26 condominiums at the Waterford's site on the West Roxbury line and the 14 at 359 Washington Street are approved. This fall the Planning Board is also scheduled to hold scoping sessions on two more projects. One is 14 condominiums with ground-floor commercial space at 437 High Street, across from St. Mary's. The other would turn a former nursing home at 1007 East Street into 53 units with commercial space on the ground floor.
A buyer looking at Dedham condos over the next two years should plan on choosing from resale units and these small new buildings in the Square and on Bridge Street, rather than from the large new projects behind Legacy Place.
If you want to own a condo in Dedham rather than rent near Legacy Place, the September 2026 numbers suggest you have more negotiating room than buyers did a year ago, and the supply of new for-sale condos remains small. Maxfield & Company can walk through the current resale condo inventory with you, compare each unit against this year's closed sales, and help you decide how hard to push on price.
