X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HOLYOKE, MA-In a significant boost for this struggling Western Massachusetts city, the Stop & Shop supermarket company has announced a $9-million redevelopment of its Lincoln Street retail plaza in Downtown Holyoke. The project will be anchored by construction of a 58,000-sf Stop & Shop superstore, and will also include the relocation of several existing retail uses into modern quarters.

“Stop & Shop is proud to be continuing our investment in the city of Holyoke,” says Karen Buckley, real estate development manager for the Quincy-based supermarket chain. She notes that the company is already constructing a new Stop & Shop on Northampton Street, one slated to open in December. That project is estimated at $6 million.

Holyoke Mayor Michael Sullivan predicts that the two supermarkets and new retail plaza will help revitalize the city, which has suffered from a lack of investment for most of the past decade. The two projects will collectively result in more than 200 construction jobs and 250 permanent positions.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.