Maynard, MA— State and local government officials, business leaders and representatives of Capital Group Properties gathered for a ceremonial groundbreaking for a new Market Basket Supermarket that will anchor the 730,000 SF Maynard Crossing mixed-use development at 129 Parker Street in Maynard, MA.
The new Market Basket is slated to open in the summer of 2020. The store plans to hire 250 new associates, adding millions of dollars in net salaries to the area’s economy.
“We want to thank all who have been supportive of this redevelopment to help bring a new Market Basket to Maynard that will expand grocery offerings, value and convenience for residents of the area,” said Bob Depietri, Capital Group Properties. “This project creates jobs and keeps residents’ shopping dollars in town.”
Depietri said the new 69,374 SF store will offer a full-service Butcher Block featuring Certified Angus Beef; and Market’s Kitchen & Café, a prepared food department offering a large variety of freshly made meal solutions, sandwiches, subs, salads, brick oven pizza and exclusive Niji sushi. This location will also provide cafe seating, with large screen TV’s, and complimentary Wi-Fi.
“The groundbreaking of Market Basket today establishes the anchor tenant that will draw more businesses to the Maynard Crossing, creating more jobs and stimulating Maynard’s economy,” said State Senator Jamie Eldridge (D-Acton). “This is a company that continues to hold true to its reputation of treating its employees well and providing outstanding customer service. I was proud to work with Rep. Kate Hogan to have secured a $4 million MassWorks grant for sewer infrastructure upgrades, that helped make this mixed-use development project a reality at 129 Parker Street.”
The ceremony also included remarks by Market Basket President & CEO Arthur T. Demoulas, State Representative Kate Hogan, Chris DiSilva, Chairman of the Maynard Board of Selectmen and Sarah Cressy, President & CEO Assabet Valley Chamber of Commerce.
Market Basket’s “More for Your Dollar” reputation was recently recognized by Consumer Checkbook as the top New England Grocer for overall value and quality.
The new store is part of the redevelopment of the former Digital Equipment Corporation site, which features multiple restaurants, retail shops, fitness options, entertainment and medical offices. The mixed-use center also includes residential opportunities with The Vue at Maynard Crossing, a 180-unit high-end apartment complex by LeCesse Development and Camellia Gardens Gracious Retirement Living, a 143-unit upscale senior independent living community by Hawthorn Senior Living.