The now-closed Phillips Old Colony House restaurant on Morrissey Boulevard is now officially on the market. The Reporter broke the news last January about the decision of longtime owners— the Phillips family— to end operations at the restaurant and function facility. The eatery closed its doors in mid-January and its parking lot is currently being used to store cars from a nearby auto dealer.
The plan all along has been to find a development partner for the Old Colony House/Freeport Tavern site— and this week, Banker & Tradesman reports that the property has officially hit the market. The newspaper reports that Colliers International Boston has been hired to find “joint venture partners or developers interested in ground-leasing the 1.8-acre site at 780 Morrissey Blvd.”
Joseph Sammartino, the president of the family-run company that owns the site and adjacent businesses, including Ramada Inn, Boston Bowl and Phillips’ Candy House, has said that the other businesses will continue operate. Sammartino told the Reporter he expects that a joint venture redevelopment would likely result in a mixed-use for the site, which sits between Morrissey Boulevard and the southeast expressway.