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New smaller Stop & Shop prototype to anchor Wayland Town Center development

Posted by Ralph Ranalli September 23, 2008 01:20 PM

wayland%20town%20center.jpg
An artist's conception of what the Wayland Town Center project might look like
(towncenteryes.com image)

WAYLAND

The anchor store for the new Wayland Town Center development will be a prototype of the Stop & Shop supermarket chain's new smaller, more efficient store design, officials said today.

The Quincy-based supermarket company announced Tuesday that the 45,000-square-foot store will be the anchor for the development under the terms of a 20-year lease. The average Stop & Shop supermarket now occupies about 65,000 square feet.

"This will not be a typical Stop & Shop," Joseph Harnan, director of leasing for Twenty Wayland, the Town Center's developer, said in a statement. "Big is not always better this is the trend we're seeing in today's developments throughout New England leaner, more convenient, with an attractive, traditional appearance."

Ground breaking is expected this fall, and Stop & Shop expects a grand opening of the new shopping center by spring 2010.

The Wayland Town Center proposal was first floated more than three years ago as a way to transform the abandoned Raytheon and Polaroid building in the middle of town. When finished, the $140 million development is expected to house about 155,000 square feet of retail, restaurant, and office space, a 2-acre town green.

Town officials have said the retail shops and restaurants would be locally focused, with businesses including a jewelry store, local professional offices, a candy store, a spa/salon, ice cream shop and antiques store. Another 40,000 square feet will be reserved for municipal use, and the development will include 85 to 95 condominiums.

-- John M. Guilfoil


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