A 19-acre waterfront site in Fall River could represent a new era of economic growth for the old industrial city in southern Massachusetts.
The site is becoming developable land thanks to the demolition of an elevated portion of the Route 79 highway, a $139M project that is close to completion. And last week, the city opened a new commuter rail station near the site that directly connects Fall River to Boston by train for the first time since the 1950s.
Local officials envision a 2M SF mixed-use development that could include 1,500 housing units on the site, Ken Fiola, executive vice president of…