Posted by boston.com February 19, 2014 10:00 AM
As construction crews began to demolish the exterior façade of the old Chelmsford Town Center, the mood was focused on the exciting transformation ahead for the former Stop & Shop/Marshall’s plaza at 18 Boston Road.
In many ways, the taking down of the old façade marked a transition for the project development team towards reconstruction of the 8.5-acre 60,000-plus square foot site.
Winstanley Enterprises, based in Concord, MA, purchased the site about 6 months ago and be-gan construction on the development in late-December. Winstanley has committed $4.5 million in renovation costs to convert the site into a fresh, vibrant retail space.
The new building exterior will feature a sophisticated, modern look highlighted by a brick façade, a clock tower, all new storefronts, pedestrian-friendly circulation, updated landscaping that includes removal of invasive plants and debris along Beaver Brook, a patio area for al fresco dining, and other ornamental features that will make the new Chelmsford Town Center a down-town destination.
“This site has great potential, so we’ve made a strong commitment to transforming it into an at-tractive retail complex that will rejuvenate the downtown Chelmsford area,” said Adam Winstan-ley, principal of Winstanley Enterprises. “We share the Town of Chelmsford’s enthusiasm and dedication to enhancing its downtown and making it a destination for dining, shopping, services, exercise and play. We began actively working on the renovation plans months before we pur-chased the center. Now we’re excited to see visible signs that the project is underway, and look forward to our vision becoming a reality this year.”
The transformation of the plaza, scheduled to be completed by the end of July, comes on the heels of a master plan that was recently unveiled by the Chelmsford Village Master Plan Com-mittee as well the recent approval by the House of Representatives of $5 million to improve the town’s center. The master plan seeks to make the downtown area more user-friendly by improv-ing parking and pedestrian circulation, and to capitalize on the beauty of Beaver Brook by creat-ing a walkway for patrons and visitors.
“Winstanley’s Chelmsford Town Center represents a significant private investment and will set the stage for future private and public investments in the Center Village,” said Evan Belansky, Community Development Director for the town of Chelmsford. “This project, which will feature high quality architecture and landscape components, has already resulted in attracting high quali-ty retail, restaurant and service businesses to the Center Village.”
Recently signed leases at Chelmsford Town Center include Choice Fitness, an anchor tenant that will occupy 17,000 square feet of space, and NOBO Modern Japanese Restaurant & Bar, offer-ing Asian fusion cuisine. Several other leases are under negotiation and will be announced as they are signed. Current tenants on the 8.5-acre property include CVS, Bank of America and Friendly’s. Chelmsford Town Center will be managed by Winstanley Enterprises.
Located off Route 3 and I-495, at the intersection of Boston Road / Route 4 and Summer Street, Chelmsford Town Center offers for lease prime retail suites from 1,200 to 10,000 SF in size. For leasing information contact Daniel Dori at Blackline Retail Group, 617-553-1840, or visit www.blacklinere.com.
Since the early 1990s Winstanley Enterprises LLC has acquired in excess of 80 properties total-ing over 10 million square feet of commercial real estate. Winstanley currently owns and operates a portfolio of 43 real estate assets totaling approximately 5.5 million square feet and including industrial/warehouse, R&D, retail, biotech, and office uses. More information can be found at www.winstanleyenterprises.com.