A third parcel of land at the corner of Davol and Turner Streets, previously owned by the Fall River Redevelopment Authority, has been sold to Vitaly Fedosik of Heath Development, which has already made a sizable impact along Route 79.
Fedosik, an entrepreneur-turned-developer, bought the additional 11,000 square feet for $415,000, according to a Fall River Registry of Deeds filing dated Dec. 27 of last year. The sale was finalized on Jan. 21.
As part of the ongoing construction that will transform the 19 acres of developable land in the Davol Street Corridor along the Taunton River, Fedosik is planning a 56-unit apartment complex, though the exact number of units may increase.
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