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Overseas team hopes to turn vacant J.B. Thomas Hospital into an over-55 community in Peabody

Developers of the former J.B Thomas Hospital hope by reducing their over-55 condominium project to 110 units, the neighborhood will support it. (Rendering courtesy of Hemisphere Development Group)
PEABODY — An overseas development team hopes its fourth attempt to turn the vacant J.B. Thomas Hospital into an over-55 community will win city and neighborhood support. Hemisphere Development Group, a Chinese company with an office in Boston, has reintroduced King’s Residence. The revised project would include 110 one- and two-bedroom condominiums for seniors starting…

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