The HYM Investment Group and My City at Peace have submitted a Letter of Intent to the Boston Planning & Development Agency outlining plans to redevelop the former Carney Hospital property at 2100 Dorchester Ave. The proposal, with an estimated cost of $850 million, would convert the 12.8-acre site into a mixed-use Dorchester Health Campus. According to the developers, the vision for the campus is organized around expanding healthcare access, adding new housing and improving community connectivity on a property long associated with neighborhood medical services.
The site was most recently owned by Steward Health Care and operated as Carney Hospital, which has been closed since 2024 in the wake of Steward’s bankruptcy. Following the closure, the property transferred to ownership by Apollo Global Management. In October, HYM reached an agreement with Apollo to work on a comprehensive redevelopment plan for the campus, as reported by the Boston Business Journal. The current LOI represents a formal step in bringing that plan into the municipal review process.
The developers describe the proposed Dorchester Health Campus as a reimagining of the former hospital grounds, with a program that blends healthcare uses and housing to respond to community priorities. While detailed design, phasing and uses are not specified in the filing summary, the emphasis on health services and residential components signals a departure from the single-use acute-care hospital model that previously defined the property.
HYM CEO Thomas N. OBrien and My City at Peace founder Rev. Jeffrey Brown said in a joint statement that the LOI filing follows extensive engagement with local stakeholders. They characterized the plan as a response to neighborhood feedback calling for the restoration of healthcare functions on the site, together with expanded housing opportunities and stronger physical and social connections to the surrounding community. The developers also noted the site’s historic role as a focal point for the area, underscoring their intent to maintain its status as a neighborhood anchor.
The submission to the Boston Planning & Development Agency begins what is expected to be a multi-step public review of the proposed Dorchester Health Campus. As that process advances, more detail is likely to emerge on specific healthcare providers, residential programing, density, and site design. For now, the LOI frames the project as a large-scale reinvestment in a shuttered hospital property by HYM and My City at Peace, in collaboration with current owner Apollo Global Management, with the stated goal of restoring essential services and delivering new housing in Dorchester.
