Business Real Estate

Star Market Signs Preliminary Agreement for Supermarket at Boston Garden Project

Boston Garden Project rendering showing Causeway Street retail entrance (Source: PNF Filing to BRA)

Star Market has signed a preliminary agreement to operate a supermarket at the proposed Boston Garden development project, according to Thomas Grillo at the Boston Business Journal.

The Boston Garden Project is being championed by commercial real estate developer Boston Properties and Delaware North Companies, current owner of TD Garden.

Proponents are set to appear in front of the Boston Redevelopment Authority board on December 19th. Having a supermarket operator lined up could help the project gain approval. City Hall recently came to an agreement with the developers to allow for a tax break deal.

The BRA has previously worked with the North End / West End / Beacon Hill Supermarket Committee to locate an affordable supermarket in the downtown neighborhoods since the Whole Foods replaced the Stop & Shop on Cambridge Street over 10 years ago.

Still, residents are not counting their eggs yet. There have been “preliminary agreements” in the past.  Most recently, efforts by Trinity Financial to sign up a supermarket operator at One Canal in the Bulfinch Triangle failed to bear fruit.

The Boston Garden Project, Phase I, consists of 235,000 square feet of retail space, 142,000 square feet of office space, a hotel tower (350-foot high) below grade parking and a 40,000 square foot expansion of the TD Garden. Subsequent phases would also include a 600-foot tall residential tower with about 500 units and an office tower (420-foot high).