Capital Group Properties breaks ground on 69,374 s/f new Market Basket Supermarket that will anchor the 730,000 s/f Maynard Crossing

September 27, 2019 - Retail
Shown (from left) are: Bob Depietri, Capital Group Properties; Bill Nemser, AICP,
LEED AP, town planner; James Eldrigde, state senator; Bill Depietri, Capital Group
Properties; David Gavin, Maynard board of selectmen; Chris DiSilva, Maynard board
of selectmen; Arthur Demoulas, Market Basket; Norman Martin, Market Basket;
Sarah Cressy, Assabet Valley Chamber of Commerce; Carmine Tomas, Market
Basket; Kate Hogan, state representative; and Armand Diarbekirian, Maynard board
of selectmen

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 s/f Maynard Crossing mixed-use development at 129 Parker St. 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 s/f 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 meal solutions, sandwiches, subs, salads, brick oven pizza and exclusive Niji sushi. This location will also provide café 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. “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 St.” 

The ceremony also included remarks by Market Basket president & CEO Arthur 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 Corp. 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 apartment complex by LeCesse Development and Camellia Gardens Gracious Retirement Living, a 143-unit upscale senior independent living community by Hawthorn Senior Living. 

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