South Cove Manor and Boston Chinese Evangelical Church Sign a Purchase and Sale Agreement for 120 Shawmut Avenue
A Purchase and Sale Agreement has been signed that will sell 120 Shawmut Avenue, presently owned by South Cove Manor, to the Boston Chinese Evangelical Church. The target date for the closing is in the first quarter of 2014.
In anticipation of their relocation to nearby Quincy in early 2014, South Cove Manor has been seeking a buyer who would promote the property’s continued use and service within the Asian community, and still provide South Cove Manor a Boston base from which it can continue to serve the downtown elderly and their families.
“We are pleased with the diligent efforts of our CEO, Richard Wong, in negotiating the sale of 120 Shawmut Avenue” commented South Cove Board Chair Richard Lui. “It is important to us that the property not only remain a community resource, but also that we can continue to maintain an office at the site and use it as a location to offer our very popular Breakfast Seminar Series to the public.”
The Boston Chinese Evangelical Church seeks the 120 Shawmut Avenue property to accommodate and grow its ministries and community programs such as a youth drop in center, a summer day camp, English classes, and other social programs. The church’s Senior Pastor, Steven Chin, shared “We are excited by the South Cove Manor board’s decision and with the prospects of being able to better share God’s love and to serve the community with the new space.”
South Cove Manor is developing a new state-of-the-art home at 288 Washington Street in Quincy to replace its current facility. South Cove Manor at Quincy Point will include 141 private and enhanced semi-private rooms clustered around interior courtyards, expanded rehabilitation facilities, and gracious common areas.
South Cove Manor and the Boston Chinese Evangelical Church have advised that they will provide further updates when the sale is complete.