8-12 Stearns Square - LoopNet...8-12 Stearns Square Restaurant/Retail Space 8-12 Stearns Square is...

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PROPERTY OVERVIEW • 10,000 SF two-story building • Ceiling heights up to 25 feet • 5,000 SF basement w/barrel vaulted ceilings and walk-in coolers • Service entrance • Infrastructure for roof deck • Outdoor seating opportunity • City investing more than $1 million in park renovation and sidewalk expansion • Windows on four sides 8-12 Stearns Square CONTACT: SARAH EISINGER [email protected] / 857.260.0495 MassDevelopment.com / courbanize.com/springfield-tdi TDI INVESTMENT This is MassDevelopment’s first Transformative Development Initiative [TDI] Investment project thanks to a partnership with the Springfield Business Improvement District and the City of Springfield. The project is to redevelop Stearns Square into a destination that stimulates economic growth for the neighborhood. SPRINGFIELD 6,000 parking spots within a few blocks 16,000 workers within a 10-minute walk of downtown Springfield FOR LEASE/ FOR SALE 1,004 hotel rooms within a 10-minute walk $ $133.3 million investment within a two-block radius 8-12 Stearns Square Restaurant/Retail Space 8-12 Stearns Square is in Springfield’s growing dining district along with well- known restaurants Theodores’ BBQ, Adolfo’s, and The Student Prince Café & Fort Restaurant. Overlooking Stearns Square Park, the building offers convenient access to I-91 and the Mass Pike and is strategically located between the revitalized Union Station and the planned MGM casino. Next door neighbors include the new Springfield Innovation Center, newly renovated Silverbrick Lofts, and Make-It Springfield, a community makerspace. Weekly summer events regularly take place in the park and large annual festivals attract thousands.

Transcript of 8-12 Stearns Square - LoopNet...8-12 Stearns Square Restaurant/Retail Space 8-12 Stearns Square is...

Page 1: 8-12 Stearns Square - LoopNet...8-12 Stearns Square Restaurant/Retail Space 8-12 Stearns Square is in Springfield’s growing dining district along with well-known restaurants Theodores’

PROPERTY OVERVIEW

• 10,000 SF two-story building

• Ceiling heights up to 25 feet

• 5,000 SF basement w/barrel vaulted ceilings and walk-in coolers

• Service entrance

• Infrastructure for roof deck

• Outdoor seating opportunity

• City investing more than $1 million in park renovation and sidewalk expansion

• Windows on four sides

8-12 Stearns Square

CONTACT: SARAH [email protected] / 857.260.0495MassDevelopment.com / courbanize.com/springfield-tdi

TDI INVESTMENT This is MassDevelopment’s first Transformative Development Initiative [TDI] Investment project thanks to a partnership with the Springfield Business Improvement District and the City of Springfield. The project is to redevelop Stearns Square into a destination that stimulates economic growth for the neighborhood.

SPRINGFIELD

6,000 parking spots within a few blocks

16,000 workers within a 10-minute walk of

downtown Springfield

FOR LEASE/FOR SALE

1,004 hotel rooms within a 10-minute walk

$$133.3 million

investment within a two-block radius

8-12 Stearns SquareRestaurant/Retail Space

8-12 Stearns Square is in Springfield’s growing dining district along with well-

known restaurants Theodores’ BBQ, Adolfo’s, and The Student Prince Café &

Fort Restaurant. Overlooking Stearns Square Park, the building offers convenient

access to I-91 and the Mass Pike and is strategically located between the

revitalized Union Station and the planned MGM casino. Next door neighbors

include the new Springfield Innovation Center, newly renovated Silverbrick Lofts,

and Make-It Springfield, a community makerspace. Weekly summer events

regularly take place in the park and large annual festivals attract thousands.

Page 2: 8-12 Stearns Square - LoopNet...8-12 Stearns Square Restaurant/Retail Space 8-12 Stearns Square is in Springfield’s growing dining district along with well-known restaurants Theodores’

FIRST FLOOR SECOND FLOOR

Renderings provided by: ARROWSTREET

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SPRINGFIELD

Concert Series Silverbrick Lofts Springfield Innovation Center Theodores’ BBQ

Stearns Square Dining District

8-12 Stearns SquareRestaurant/Retail Space

FOR LEASE/FOR SALE

CONTACT: SARAH [email protected] / 857.260.0495MassDevelopment.com / courbanize.com/springfield-tdi