GROCERY STORE TO ANCHOR RIVERSIDE LANDING

NEW BEDFORD, MASS. — Grocery chain DeMoulas/Market Basket has announced plans to construct a new $20 million store within the Riverside Landing mixed-use development, located in New Bedford. The 95,000-square-foot supermarket will anchor Phase I of the project. Construction is estimated to cost $20 million. Site work has begun and construction is expected to begin this fall, with the grand opening to be held in 2010. Phase II of Riverside Landing, which is being developed jointly by Dickinson Development Corp. and D.W. White Construction Co. will include a 40,000-square-foot office and retail building to be located along the project’s riverfront. Additional construction will include a restaurant and retail building at the project’s main entrance, a riverwalk and park, and a new boathouse.