Search for a new home in Union Point today and you will find exactly none. Stonebridge at Union Point, the subdivision closest to the site's Route 3 access, sold out of new construction some time ago. Every listing you can click on there now is a resale, someone's existing townhome or single-family changing hands, not a builder's fresh inventory. Meanwhile, a few hundred yards away, contractors broke ground this September on roads and utility lines for a project that promises 6,500 more homes across the same 1,400 acres.
That gap between a sold-out subdivision and a construction site that hasn't produced a single new foundation is the actual state of the Union Point market right now. It's also a useful detail to weigh alongside the headline number, 6,500 units, and the timeline underneath it.
Earlier plans for the site
South Shore News has reported on Union Point's two earlier development plans, both of which are worth knowing if you're weighing a purchase anywhere near the former Naval Air Station.
The first ran from 2002 to 2015. Developer LNR Property bought the land in a $25 million transaction and pitched a suburban residential model built around 2,800 homes and, at one point, a movie studio. The 2008 financial crisis stalled it, and infrastructure costs the developer couldn't cover kept it from moving forward.
The second, from 2015 to 2019, rebranded the site Union Point and went further, pitching a billion-dollar "Smart City" with self-driving cars, heated sidewalks, and a partnership with General Electric. Developer LStar Ventures did build some of it, including the Highlands neighborhood's initial 115 homes, the age-restricted Fairing Way and Eventide senior communities, the 200-unit Transit Village condos next to the MBTA's South Weymouth commuter rail stop, and a stretch of what's now Bill Delahunt Parkway. But the plan ended after a legal fight between partners exposed roughly $70 million in debt.
Both earlier plans ran into financing and partnership problems before reaching full build-out. If you're comparing Weymouth to other South Shore towns and Union Point keeps coming up in your research, that history explains why the current plan's financing structure deserves a close look.
What actually changed this time
The current developer, a joint venture between Brookfield Properties and New England Development, closed on the land for $65 million on June 30, 2026. That alone isn't new. What's different is the plumbing behind the deal.
Massachusetts allows towns to use a District Improvement Financing structure that lets a municipality capture a share of new tax revenue generated inside a defined district and direct it straight to infrastructure, without raising the town's general tax rate. Weymouth is using a version of that tool here, capturing 30 percent of new revenue from the site to fund the roads and utilities the build-out needs. That matters because the first attempt stalled on infrastructure costs the developer could not cover. This time a share of the site's new tax revenue is earmarked for its roads and utilities.
A second change is legal rather than financial. Because the site spans Weymouth, Rockland, and Abington, three different town governments used to have three different chances to stall it. A technical change to state legislation enacted in 2025 combined the disparate parcels under one authority, the Southfield Redevelopment Authority, giving it a clean path to enforce a single zoning plan across all three town lines instead of negotiating three separate ones.
Neither of those two mechanisms shows up in a listing description. Together they help explain why contractors are moving dirt this fall.
What's under construction right now, and what isn't
The work that broke ground in September is horizontal infrastructure only: roads, water, sewer, electric, and gas, not a single house. The plan realigns Shea Drive behind the Shea Memorial Grove jet display, extends that roadway past the former Navy gymnasium, and connects it into the roundabout on Delahunt Parkway before reaching a temporary turnaround at the Weymouth town line. Underneath, crews are installing a new stormwater detention basin that feeds French's Stream and two sanitary sewer pump stations tied into force mains on Route 18.
The phase is set to use union contractors exclusively, and once formally awarded, the work is expected to run about a year. That means Weymouth is looking at roughly twelve months of trenching and paving before the site is even ready for the next builder to start framing a house, let alone deliver one.
The town's finances are already feeling this, even before any new resident moves in. Weymouth negotiated an upfront payment of $11.55 million from the master developer as the first installment of water and sewer mitigation fees, with a total of $30.47 million scheduled as development thresholds are hit over the coming years. The Healey-Driscoll administration separately committed $35 million toward the design and construction of water, sewer, and transportation upgrades tied to the project. Once built out, the town projects nearly $14 million in new annual tax revenue for Weymouth alone, with Rockland and Abington splitting roughly $5 million more each.
There's a longer horizon sitting underneath all of this too. Weymouth is in the middle of a separate effort to connect the town to the Massachusetts Water Resources Authority supply through a 6.7 mile pipeline, a project designed partly to support this redevelopment's long-term water needs. That pipeline isn't expected to be complete until 2031. It's a useful reminder that "on schedule" and "on schedule for this decade" can be the same sentence when a project touches regional infrastructure.
Reading the price data without getting confused by it
If you've already pulled up Weymouth's numbers on a couple of different sites, you may have noticed they don't agree, and the disagreement isn't a mistake, it's methodology.
As of September 2026, the median list price across active Weymouth listings sits around $599,000. Over the trailing three months ending in roughly the same period, the median price homes actually sold for came in closer to $650,000, up 3.1 percent from a year earlier. That gap between list and sold price is the market telling you something: homes here are going for more than sellers ask, on average about 2 percent over list, and the typical listing is under contract in around three weeks. That's a competitive market by any measure, and it's worth knowing before you assume the lower list-price figure is what you'll actually pay.
Layer Union Point onto that picture and the scarcity gets sharper. Because Stonebridge sold out of new construction, every transaction there right now is a resale competing in that same multiple-offer environment, priced not against a builder's price list but against whatever the next resale buyer is willing to pay for a home next to a 1,400-acre site with a commercial district, trail network, and thousands of future neighbors still years from arriving. That's a premium for proximity to a promise, not a premium for a finished amenity.
What to actually track instead of the unit count
The 6,500-unit figure is the number every article leads with, including some of the coverage that inspired this one. It's also the number least useful for timing a decision, because it describes the finished project, not the next twelve months.
The more useful things to watch are smaller and more boring: whether the Phase 1 contract award and construction stay on the announced one-year timeline, whether the mitigation payment milestones to Weymouth keep landing on schedule, and whether permitting for the next phase of vertical construction, actual homes, gets filed once the roads are in. Those markers show, in concrete terms, how this phase is progressing compared with the earlier plans.
A few direct questions
Will 6,500 new homes eventually push Weymouth prices down? The homes will arrive in phases over years, not as a single wave, and Weymouth's citywide price data today reflects the built town, not this future supply. It's too early in the infrastructure phase for that answer to show up in the numbers.
Can I buy new construction in Union Point right now? Not in Stonebridge, which is sold out. Any listing you find in the existing Union Point neighborhoods today is a resale of a previously built home.
Does the September construction start affect traffic or commute now? The current phase is roads and utilities within the site itself, including the Shea Drive realignment and the Delahunt Parkway connection. It's worth asking a local agent how construction traffic is routing before assuming your daily commute is unaffected.
If you're trying to figure out how a project this size actually touches the town you're considering, or which pocket of Weymouth makes sense given where the construction is headed, Poppy Troupe can walk through what's real on the ground today versus what's still a few phases out. Let's Connect.
This article is general information, not legal, tax or financial advice. Consult a qualified professional about your situation.
