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Newton OKs Needham Street Village Shops

Apr 26, 2013 | Reprints | Unlock Link | Print

A rendering of the Needham Street Village Shops in Newton. Bierbrier Development, a developer of urban shopping centers in Eastern Massachusetts, announced the company’s latest project, Needham Street Village Shops in Newton, has received approval from city officials. The 19,000-square-foot, small-shop development at 55 Needham St. is set to begin construction this summer and will be ready for tenant occupancy in late 2013 with a grand opening slated for March 2014.

The Needham Street Village Shops site is a 1.5-acre assemblage of two properties previously occupied by International Bicycle and Skipjack’s Restaurant, which were acquired for $3.2 million. Worcester-based Commerce Bank provided construction and acquisition financing, represented by Commerce Senior Vice President John Kelley and arranged by Senior Vice Presidents Kyle Juszczyszyn and Carlos Febres of CBRE New England.

Needham Street Village Shops is located at the intersection of Needham and Winchester streets.

Commercial & Industrial