Saturday, September 13, 2014

Updates at Great Road Shopping Center: Great Wall Adds Sports Bar and Mattress World Closes

While there are ongoing renovations and lots of updates at Bedford Market Place, a few changes have also taken place at the Great Road Shopping Center.

Mattress World has now closed. The 5200 square foot space has been fully vacated. The company, which now has nine locations south of Boston, closed the Bedford location after being open less than two years and also recently closed their South Yarmouth store.

Right next door, The Great Wall Restaurant  is finishing up an interior renovation that adds a sports bar. While there were initial plans to add a sushi bar, the restaurant decided to add a sports bar featuring multiple large screen televisions. The new bar which is expected to open next week, has 7 bar stools along with a high top seating area. Stay tuned for more details next week.

It's interesting to see that the shopping center is also listing the adjacent Radio Shack space as available for lease although that store is still open. In addition, over the next year Staples (which also has a location in Great Road Shopping Center) is expected to close over 10% of it's stores in the United States. The list of locations that will be closing has not yet been announced.

Tuesday, September 9, 2014

Verizon Wireless Store Coming to Blue Ribbon Plaza

Interior work has started on what is expected to be a new Verizon Wireless store at 186 Great Road in Blue Ribbon Plaza. This space which is about 1500 square feet, was the former location of Quiznos which closed last December.

There was previously a Verizon Wireless store in Bedford Market Place. That store which was run by an authorized agent, closed suddenly in March of 2012 after being open for about 4 years.

It's interesting to note that the old Verizon store was replaced by Subway while the old Quiznos store was replaced by Verizon Wireless.

Stay tuned for more details.

Friday, August 22, 2014

Construction Underway on Salem Five Savings Bank

The new bank branch will be in the left half of the building 
Construction recently started on a New Salem Five Saving Bank branch at 285 Great Road which is the former location of the Travelodge Motel. Construction of the building is expected to be completed later this fall. The new bank includes a drive through. The new building will also have about 1600 additional square feet of rental space available for retail or office use.

It's interesting to note that while the size of this new bank branch is only about 2,000 square feet (which is smaller than average for freestanding branches), this follows the industry trend of smaller bank branches. During the last 10 years the average size of a new bank branch has decreased by about 25%.

Tuesday, August 19, 2014

Quick Update on Bedford Marketplace

Two Quick Updates on Bedford Marketplace.

1. Plans were recently approved for the next phase of reconstruction/expansion at Bedford Market Place. This next phase includes additional retail space adjacent to the Whole Foods and Marshalls. Whereas tenant negotiations are still ongoing, one of the new retail spaces is expected to feature a Pet Store. 

2. While the demolition of the Post Office distribution building is still expected soon, unconfirmed reports have indicated that the arrangement to move the distribution center to the TD Bank building at 175 Great Road have fallen through and that the Post Office may temporarily move Bedford mail distribution to the mail distribution facility in Burlington.

August 26th Update:
It now appears that the Post Office will be leasing part of the TD Bank Building but it will not be ready in time and that Bedford mail will be sorted in Burlington for a few months.

Thursday, August 7, 2014

Bedford Market Place Renovation Begins

The renovation project at the Bedford Market Place Shopping Center began a few weeks ago. While plans were made for a complete overhaul of the shopping center including additional retail, updated parking lot/traffic flow configurations and pedestrian improvements; it looks like the work is going to be done in phases.

The first phase is expected to include a new facade for Whole Foods along with improvements to it's front parking lot. Work is expected to be completed before Labor Day.

The Bedford Whole Foods Market will be getting an updated exterior. The interior was renovated in 2013. Within the next 12 months, Whole Foods plans to renovate 70% of it's stores that are over 10 years old. 

The renovations will add additional retail space adjacent to both Marshalls and Whole Foods.

To prepare for the reconfiguration of the parking lot, the trees between Bedford Market Place and Blue Ribbon Plaza were removed.

During the next phase of construction, the Post Office distribution building will be torn down to make way for new retail space. 

The Bedford Post Office Mail distribution building is expected to move across the street to 175 Great Road. Although details are not yet finalized, the move could occur before the end of the year.

Artist depiction of the completed renovations including an updated exterior facade for Whole Foods along with the new adjacent retail space.

Stay tuned for more details in the next few weeks.

Monday, July 21, 2014

Boardroom Bistro Restaurant to Get New Owners and New Name

The Boardroom Bistro Restaurant at 54 Middlesex Turnpike will soon be getting new owners and a new name. David Smerling and Jeff Goldberg who opened the restaurants, will still own the office building where the restaurant is housed. The new restaurant which has a preliminary name of Cucina D, is expected to feature a new Italian cuisine based menu and should be getting the Boardroom Bistro's existing liquor license. Stay tuned for more details.

Sunday, June 15, 2014

The Great Wall Restaurant to Add Sushi Bar

The Great Wall Restaurant in the Great Road Shopping Center at 309 Great Road will soon be adding a Sushi Bar. The new Sushi bar is expected to have 7 seats. The restaurant will also be adding a few seats at the bar. The total number of seats is not expected to change.

The Great Wall is one of the larger restaurants in Bedford with just under 250 seats. As the popularity of Japanese Restaurants has grown, many Chinese restaurants have responded by adding Sushi Bars. It will be interesting to see if this new Sushi Bar has any impact on Ginger, Asiana Bistro or Bamboo.