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Business,

From parking lots to apartments in Lynn

The City of Lynn is planning on selling the Andrew Street Public Parking Lot as well as two other lots for the development of apartment buildings. (Spenser R. Hasak)
LYNN — One year before a $90 million luxury apartment complex is set to open downtown, the builder is ready to put another shovel in the ground. “The demand for housing is huge,” said Michael Procopio, co-owner of Procopio Enterprises. “I would not hesitate to start another 300-unit project in Lynn tomorrow.” The Saugus developer…

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