Market Basket Redevelopment Eyes Spring Opening for Stores

The Heritage Commission considered proposed signage for the Market Basket redevelopment on Nashua Road, which is progressing rapidly.

Members said they were satisfied with the signage for Baldoria, Annie’s, Hallmark, Olympia Sports, Home Goods and T.J. Maxx.

The New Hampshire State Liquor Outlet is also a confirmed tenant for the strip mall, but has yet to submit proposed signage, according to Senior Project Manager Jeff Kevan of TF Moran.

The proposed 33-acre redevelopment project, the first phase of the Woodmont Commons development, includes bringing in a boulevard entrance to the site, taking down the original Market Basket building and eventually developing smaller pads totaling 42,220 square feet along the boulevard.

Overall, the development will result in a total of 186,000 square feet of retail space, a reduction of about 30,000 square feet.

Kevan said they hope to get T.J. Maxx and Home Goods into their buildings this month to begin fitting and outfitting their new spaces, with the goal of opening the retails in April.

“Once we move all tenants in, the original building will come down. Come spring and early summer, the parking lot will be finished up and then the outpads will be available,” he said. “They’ve been talking to people and we’ll be back with plans to develop those,” he said. “We’ve been doing a lot of work and you’ll start seeing some of that shortly here. There are a lot of people working on it.”

In other business at last week’s meeting, the Heritage Commission appointed Marty Srugis chairman, Pauline Caron vice-chairman and David Colglazier secretary.