Thursday, July 25, 2013

Industry News: New England

British Beer Co. opened this month at 103 Hanover St. at the Residences at Portwalk in Portsmouth, NH. The Portsmouth location is the newest of 13 British Beer Co. locations across New England...Whole Foods new store on Route 18 in South Weymouth opened this month, the chain’s 23rd in Massachusetts. Whole Foods purchased the 40,000 s/f store last year from now-defunct chain Johnnie’s Foodmaster, along with five other locations: in Somerville, Charlestown, Arlington, Melrose and Brookline. Whole Foods opened in the Brookline space in April, and plans to have stores in the other four locations by September - the Charlestown store will open August 7. Whole Foods Market operates more than 325 stores...Cheesecake Factory will open at the end of the year at The Mall at Chestnut Hill in Newton...A $1.6 billion rebuilding effort in downtown Quincy has begun. The first phase of construction will result in a 15-story residential building that will be the city’s tallest structure, a cluster of new stores and restaurants, and the restoration of a nine-story commercial building that will get new offices and a residential wing with loft-style apartments...Mohegan Sun plans to start construction this year on a $50 million retail expansion. Slated to open in 2015, “The Downtown District” will add 200,000 s/f to the Uncasville, CT property, including a 40,000 s/f Taste of New England Gourmet Hall for food purveyors, retail shops, a 14-screen premium movie theater, and a Kings bowling/dining venue...Stop & Shop will open its second Nantucket location this month, at 9 Salem St. just blocks from the Ferry. Stop & Shop has more than 400 stores...After 25 years in the Mall at Chestnut Hill, Papa Razzi closed its 4,000 s/f restaurant. All other locations - Wellesley, Framingham, Concord, Newbury Street in Boston, Burlington and Cranston, Rhode Island - will remain open...Dallas-based MGHerring Group closed on the $21 million sale of the Silver City Galleria in Taunton, MA. The deal involved Contrarian Capital Management LLC of Greenwich, Conn., and Tricom Real Estate Group LLC in Dallas. MGHerring will manage the mall. The mall has 90 tenants but about 30 vacancies...Four Shaw's/Star Market stores in Massachusetts and two in Rhode Island will close next month. Shaw’s says the stores have not been profitable for some time...A 38-seat Tavern in the Square eatery will open at South Station. The 780 s/f space is substantially smaller than the chain’s other restaurants that range from 5,000 to 9,000 s/f. Also, Barbara’s Bestsellers, the small, independent book stall in South Station which closed in April, will reopen soon in a 300 square foot space, about 100 s/f smaller than the previous shop.

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