WORCESTER, Mass. (AP) — A former Massachusetts bakery building that made its last pie earlier this month has been sold for more than $4.5 million to a developer planning to build housing and retail space at the site.

The deal to sell the 3.9-acre site in Worcester that had served as Table Talk Pies headquarters since 1924 to Boston Capital Development, LLC was first announced months ago, but was finalized on Wednesday, The Telegram & Gazette reported.

The developers are planning a new building at the site that will include approximately 350 units of both affordable and market-rate housing and street level retail, according to a statement from NAI Glickman Kovago & Jacobs.

Work at the site is expected to start later this year.

Table Talk Pies, meanwhile, has moved to new headquarters in the city that will also serve as a bakery, distribution facility, and for research and development. The company bakes more than 250 million pies annually, according to its website.