PeoplesBank and Sherwin-Williams to anchor new Bloomfield retail center

Bloomfield, CT MACK V Development, through its subsidiary Estero Holding Co., broke ground on May 22 for The Shoppes at Cottage Grove, a 15,359 s/f retail and professional center located at 529 Cottage Grove Rd. The project is anchored by Sherwin-Williams, and PeoplesBank of Holyoke, Mass. which will incorporate its Interactive Teller Machine (ITM) technology and a double drive-thru.

The development is located at the signalized intersection of Cottage Grove Rd. (Rte. 218) and Northwestern Dr., a traffic corridor seeing over 22,000 vehicles per day. This location serves the town and surrounding communities, including West Hartford, Avon, Simsbury, and Windsor. The area is supported by a retail tenants such as Home Depot, Super Stop and Shop, Lowes Home Improvement and more as well as a medical presence — including Hartford HealthCare and Starling Physicians — along with its proximity to the University of Hartford and hundreds of new apartments.

“This corner location has always had the bones to support a great retail center. It’s surrounded by strong retailers, medical offices, and a growing community that is hungry for more options close to home,” said a spokesperson for the developer.“With nationwide retail vacancy rates hovering around 5%, we are confident the remaining 9,250 s/f of subdividable space will lease quickly to restaurants, medical groups, or professional services”.

PeoplesBank is not only anchoring the site but also providing the commercial financing for the development.

“Bloomfield is a town with real momentum, and joining The Shoppes at Cottage Grove lets us put down another set of roots in Connecticut,” said Frank Crinella, chief banking officer at PeoplesBank.

Construction is underway, with foundation excavation having commenced in early June. Substantial completion is scheduled for December 2026, with tenant occupancy and grand openings anticipated for late Q4 2026 or early Q1 2027.

Sherwin-Williams,based in Cleveland, Ohio was founded in 1866 and is a global leader in the manufacture, development, distribution, and sale of paint, coatings and related products. Branded products are sold through a chain of more than 5,400 company-operated stores and branches. With operations in over 120 countries and annual revenue exceeding $10 billion, it is the largest coatings company in the world. It primarily manufactures, distributes, and sells paints, coatings, floor coverings, and related products.

Estero Holding Co. is a wholly owned subsidiary of MACK V Development, a commercial real estate development firm focused on constructing and managing retail and professional centers in Connecticut communities.

PeoplesBank is a community-focused mutual bank serving Connecticut and Massachusetts. Recognized for innovation and environmental leadership, the bank prioritizes local impact through charitable giving and commercial financing.