WAYLAND, MASS. — Quincy, Mass.-based supermarket Stop & Shop will anchor Wayland Town Center, a $140 million mixed-use development located at the intersection of routes 20 and 27 in Wayland. Stop & Shop has signed a 20-year lease for 45,000 square feet, and will use the space to debut its new prototype store. Wayland Town Center is being developed by Twenty Wayland LLC, a partnership between Boston-based companies KGI Properties and Congress Group. The main street-style, pedestrian-friendly project will contain 155,000 square feet of retail space, 100 residential units and 10,000 square feet of office space. Stop & Shop will anchor one side of Wayland Town Center’s Main Street, while a 2-acre town green will anchor the other side. Additional plans call for a health club, casual dining restaurants, professional offices and other boutique retail tenants. The project has received initial site plan approvals, with the remaining approvals anticipated in the next month. The project will then break ground this fall; the first stores are slated to open near the end of 2009, with the grand opening of the project expected in spring 2010.
Stop & Shop will serve as one of the anchors of the Wayland Town Center mixed-use project in Wayland, Mass.
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