"We are making a strong statement about the synergy of the downtown and the waterfront," says Dickinson, whose 21-acre Dover Landing calls for an esplanade, open areas and walking trails. "Ultimately, our vision is to transform this underutilized land into a vibrant new neighborhood that will greatly enhance the quality of life for Dover residents and visitors for generations to come."

Besides a cash payment of $1 million to the city, Dickinson is providing $3.6 million in site improvements to clean up a former DPW maintenance lot and build the riverfront park. The park will be complete with piers and moorings for excursion boats to help enthusiasts access the peripatetic waterway.

The design was provided by Sheskey Architects of Quincy, MA, and intertwines multiple housing styles among 67,000-sf of commercial space that will accommodate offices, restaurants and stores. The footprint is to be built out over five years using a "parcelization" platform that allows flexibility in delivery of space to match market demand. Residential units will range from typical townhouses to "vertical ownership" units above retail. There will also be "flats style" residences in multi-story buildings featuring elevators and interior parking.