Breaking NewsGlobeSt.com will be offline for scheduled maintenance Saturday July 24 5 AM US EST to 8:30 AM EST. We apologize for the inconvenience.

 
X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PLYMOUTH, MA-Now that Route 44 is nearing completion, the area’s main north-south artery brings with it development opportunities and higher land values. The $32-million project which is scheduled to open in November, replaces 6 ½ miles of winding country roads with a new highway that will connect Carver and Plymouth to Route 3.

“They’re coming out of the woodwork,” Jack Hunter, the town planner for Carver, tells GlobeSt.com of the developers and brokers who have already laid claim to parcels along the new roadway. “As soon as they heard there was going to be an interchange at Route 58, they began looking at options on development.”

In Plymouth, a $100-million, 870,000-sf shopping center known as Colony Place, which includes a Super Wal-Mart, is set to open this week. A Hampton Inn also is under construction nearby. Proposals for smaller projects also have been filed with both towns, including a 12,000 sf automobile-oriented shopping plaza called Tradesman Place in Carver.

Shaw’s supermarkets also will open a new store this week at the Routes 44 and 58 interchange. Other shopping center owners have also put in requests to expand their facilities by more than double, Hunter says.

“From a town standpoint, we’ve already seen the impact,” Lee Hartmann, director of planning for the town of Plymouth, tells GlobeSt.com, noting that the area adjacent to the new Route 44 interchange in Plymouth is already almost fully built-out. While a lack of land adjacent to Route 44 could limit building in Plymouth, Carver still has acres of open space ripe for development. Hunter says because Carver gets its water from underground wells, there is only a limited amount of water available to sustain growth.

Shaw’s sidestepped Carver’s water problem and found a solution of its own to bringing water to its new store. It signed on for water rights from the neighboring town of Middleborough, Hunter says.

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. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

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

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