A long-vacant Southie property could soon get a new life.
According to Banker & Tradesman, local restaurateur and developer Joey Arcari has officially purchased the former Marian Manor nursing home on Old Harbor Street, with plans to convert the sprawling campus into apartments.
The $16 million sale closed earlier this month, with John Maggio of EVO Commercial brokering the deal between Acari and the Carmelite Sisters. Plans for redevelopment are expected to be submitted to the city in the coming weeks.
The 2-acre site — located at Dorchester Street and Old Harbor — includes six buildings with more than 200,000 square feet of space. The property has been the subject of speculation for years, especially after the nursing home closed in 2024 and a legal dispute delayed its sale.
Now, Arcari’s Monarc Development is looking to convert the existing buildings into approximately 150 to 180 residential units. While the project won’t include new construction, it will likely require updates like parking and zoning approvals.
Arcari, who previously founded Broadway Hospitality Group (The Playwright and The Broadway), has been expanding his footprint in Southie and beyond with a mix of residential projects.
As always, neighborhood input and city approvals will play a big role in what comes next — but this large-scale project is one to keep an eye on.
