Developer Pays $10M For Several Becker College Properties

WORCESTER, Mass. (AP) — A developer who paid $10 million for 27 properties in Worcester once owned by now-closed Becker College said he plans to return some buildings to single-family homes, affordable market-rate apartments and student housing.

Russ Haims of Hampton Properties LLC closed on the sale Friday, T he Telegram & Gazette reported. The purchase includes 24 buildings and three parking lots.

He said he wants to protect the neighborhood, known as Elm Park.

“It’s still such an attractive neighborhood, it doesn’t have to be rebuilt — it has to be repositioned,” Haims said.

The city previously bought some Becker College properties. Leicester has agreed to pay $20 million for Becker's campus in that town.

The college announced last March that it would close due to financial strains made worse by the coronavirus pandemic. It held its final graduation in May.

Haims' company already owns several properties in the area.

“I was afraid the school would sell off different parcels to people who didn’t have the same allegiance to the community, who didn’t recognize the historic attributes these properties have, and I’ve seen people cut corners,” Haims said. “I’ve seen how a few poorly managed properties can affect a neighborhood.”