(For more retail coverage, click GlobeSt.com/RETAIL.)
READING, MA-Quincy developer Dickinson Development Corp. has broken ground on its third Reading site in four years. The company's newest project is a 69,000-sf Stop & Shop Supermarket just across the street from Crossing at Walker Brook, the 480,000-sf retail development that the firm built about two years ago.
The $10-million Stop & Shop, located on a five-acre parcel at 25 Walkers Brook Rd., should be opened later next year, Mark Dickinson, president of Dickinson Development, tells GlobeSt.com. The firm is presently demolishing a 100,000-sf manufacturing facility on the site, which was the former home to Boston Stove and several warehouse tenants.
Morris & Morse is providing capital and Pinncon LLC is the project's general contractor.
Dickinson says construction of the grocery store just off Route 128 will complete the development of "a major shopping destination" in the Reading area, turning a former landfill site into the community's largest retail location. The three-story Crossing at Walker Brook, built in two phases in 2002 and 2003, was located on the town's former landfill and is now home to Staples, Starbucks, Jordan's Furniture, Home Deport and Chili's.
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