In Burlington Tuesday to promote her 10-year transportation funding plan, Gov. Maura Healey also happened to be in the right place to talk up new housing construction after what her transportation chief called a “historic vote” just 12 hours earlier.
Multifamily housing and hotel development could be in the works at the Burlington Mall property and surrounding office parks following approval of a mixed-use zoning district.
If we don’t move now, the world will move on without us, and not in ways that get us where we need to go. Just look at Burlington for a concrete example.
Burlington officials hope to encourage up to 4.4 million square feet of new development and a new series of connections between properties in and around the town’s mall. Area landlords are watching intently.
The Burlington Mall wasn’t the first of its revolutionary new breed of retail real estate in Massachusetts, but the mall marked a defining turning point for the genre.
Burlington is blazing a new zoning trail that other suburban towns may be following in coming years, hoping for new housing and better pedestrian connections in the commercial district near the Burlington Mall.
Boston-based online home furnishings giant Wayfair will test its brick-and-mortar expansion at three Bay State retail properties in 2022.
The former Lord & Taylor store at Burlington Mall will be converted into 102,000 square feet of office space under plans approved by town officials.
Shake Shack, Fogo De Chao, Bennett’s Sandwich Shop and Parm will open in a portion of the Burlington Mall formerly occupied by Sears and undergoing an extensive renovation project.
A hurricane of an economic storm is now headed straight for some of the most successful malls in the region, leaving them suddenly vulnerable in a way that just a few months ago would have seemed impossible.
Flexible zoning which can allow developers to quickly respond to market demands is not only critical to allow these retail centers to adapt and evolve, but also essential to help maintain a municipality’s tax base.
Electronic repair specialist uBreakiFix, Modern Acupuncture and Japanese barbecue concept Gyu-Kaku are joining the list of tenants at The Village at Burlington Mall, the redevelopment of the former Sears Auto building.
Upscale coffeehouse Caffe Nero will open in September at The Village at Burlington Mall, part of the first phase of the mall’s expansion to accommodate new restaurant tenants.
While the urban core in Boston and its environs appears poised for continued growth amid an explosion of luxury condominium and apartment towers, it’s a different picture in the suburbs, where the loss of major anchor stores is hitting the hardest.
In the commercial real estate world, one could say the retail sector’s loss was the industrial sector’s gain in 2018. The same can’t be said for the hotel sector, where most everyone’s gains contributed to the hospitality industry’s growth last year.
Are we entering phase two of the live-work-play phenomenon sweeping the development industry in Eastern Massachusetts?
Simon Property Group has submitted redevelopment plans to convert the 196,000-square-foot spaces formerly occupied by Sears at the Burlington Mall into a retail lifestyle center called the Burlington Mall Retail Collection.
No, the mall is not dead. In fact, the Boston area is seeing significant investment in various existing malls, from CambridgeSide, to the newly announced Burlington Mall renovation.
