Wednesday, October 17, 2012

Industry News: New England

Beer Works will open its sixth location in the former Bugaboo Creek restaurant at 345 Cochituate Road in Framingham…Orange Leaf, the Oklahoma-based frozen yogurt chain, opened a store at 130 Water St. in Exeter NH. A second NH Orange Leaf will open at Hampton Beach in May, with another set for Portsmouth soon after…Jerry Remy’s Sports Bar & Grill opened a 6,200 s/f restaurant at Commonwealth Landing in Fall River, its first location outside Boston….Troubled pizza chain Upper Crust filed this month with the US Bankruptcy Court in Massachusetts. The Chapter 11 filing, which seeks protection from creditors while Upper Crust reorganizes, came several days after the company shuttered its Waltham location. Upper Crust’s remaining 16 locations will maintain normal operations during bankruptcy proceedings...Cambridge's North Point development is on track to enter a new stage of construction with a plan for more open space along Monsignor O'Brien Highway and a central retail square. North Point developer HYM will build taller, thinner buildings, separated by more green space in a revised plan for the massive real estate project. The 45-acre North Point development originally received a 20-year building permit in 2003, allowing for the eventual construction of over 5 million square feet of mixed-use space. The original plan called for nine acres of open space, but now the developer plans to increase that figure to 11 acres…Construction will soon begin for a new 57-acre shopping center located off Route 11 in Rochester, NH. Grossman Development Group has begun site work for the 330,000 s/f Granite Ridge Marketplace, which will consist of a mix of anchor retail, junior anchor retail, small stores, restaurants and entertainment…The Grand Union supermarket in downtown Nantucket will soon shut its doors.Winthrop Management LP, owner of the property at 9 Salem St.,says the company will not renew its lease, which expires at the end of this year. The closing will likely leave Stop & Shop the only grocery provider on the upscale resort island…Workers are putting the final touches on a Marshalls store on Brookline Avenue near Fenway Park in Boston. The two-level discount store in the former Boston Billiard Club space will also have an entrance on Van Ness Street…Foodie’s Market plans to open on West Broadway in South Boston soon. Built at the site of the American Nut & Chocolate Co., the new 8,500 s/f store will feature a mix of traditional and gourmet groceries, along with a large prepared-foods section and an old-fashioned butcher shop...Sports Authority has scheduled grand re-opening festivities for two of Massachusetts stores that have been closed for remodeling. The Sports Authority at Liberty Tree Mall in Danvers has been relocated to a slightly smaller, but more visible space in the chain’s new format, which features Nike and Under Armour mini shops as well as a simplified layout, brighter lighting, and bold colors, the Colorado-based chain said. The chain has similar plans for the Braintree store. Sports Authority has 13 stores in Massachusetts and 470 stores nationwide.

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