A Tewksbury development company with a history of developing housing projects around Boston has purchased a prominent building at the intersection of Talbot and Blue Hill avenues and a lot behind the building on Angell Street for $6 million.

PWN Development bought the property from long-time owner William Cranmore, who has been battling with the city over property tax payments for more than two decades, winning some and losing some. The deal was made in late December via a LLC controlled by PWN’s owners Nicholas Earls, Eric DiNicola, Kyle Staal, and Sunny Aroustamian.

Numerous requests from the Reporter to the new owners for information about any upcoming plans have not been returned. However, the company’s profile shows they have developed mostly high-end residential projects in the Back Bay, Newton, East Boston, the South End, and Savin Hill. It doesn’t appear that they have built anything along the Blue Hill Avenue corridor.

Most recently, the space was outfitted for a restaurant called Royalty Iron Grill. A sign bearing that name still adorns the outside of 879 Blue Hill Ave. The restaurant was supposed to be a barbecue and steakhouse run by a Worcester man who had a chiropractic office in the same building. An earlier iteration would have had an indoor waterfall, a pool, and a map of the Amazon inside. It never opened.

Last February, the Licensing Board approved El Punto Restaurant & Lounge opening in the space with 240 seats in a lounge and function room and serving Dominican and Spanish food, with the hope of procuring a liquor license to serve rum daiquiris and Spanish wines. That has yet to open.

The purchase last month was one of the largest on the Blue Hill Avenue in some time, just as the corridor is moving to the center of big plans for the thoroughfare and nearby Franklin Park.