News: Retail
Posted: July 24, 2020
Waterstone Properties brings BJ’s Wholesale Club to Seabrook, NH
Seabrook, NH According to Waterstone Properties, BJ’s Wholesale Club will be opening its newest club on Route 1 (Lafayette Road) in Seabrook, New Hampshire, in 2021. BJ’s will build a 90,000 s/f structure on the 20-acre site, currently owned by Waterstone, located at the crossroads of I-95 (Exit 1), Rtem 107 and Rte. 1, one mile from the Massachusetts border.
With access and visibility from I-95, the new BJ’s will be at the center of several adjacent outparcels that are being offered for future development. The site is located in the center of Seabrook’s popular retail corridor–in the N.H. seacoast area, with a four-season stream of day trippers and vacationers. The area has seen nearly one million s/f of new development in the past seven years.
“We searched long and hard to find the best use of this location and BJ’s Wholesale Club fit all the criteria. We expect BJ’s to be a popular asset and retail destination for the entire community and region,” said Josh Levy, co-founding principal of Waterstone. “In addition to the everyday savings they are known for, BJ’s is bringing dozens of stable and secure jobs to the area. Their popularity will draw more adjacent businesses, and even more jobs, in the very near future.”
The new BJ’s Wholesale Club will be the seventh company location in the state, joining clubs in Manchester, Nashua, Portsmouth, Salem, Tilton and West Lebanon.
Tags:
Retail
MORE FROM Retail
Retail
The Landing at Hyannis expands with additional retailers
Hyannis, MA The Landing at Hyannis continues its transformation with three new businesses joining its roster of retail and dining options. These brands, making their debut on Cape Cod, include fashion retailer Nordstrom Rack, physician-owned medical spa SkinMD, and eyewear retailer Warby Parker.
Columns and Thought Leadership
Village centers and local retail: What the market wants - by Carol Todreas
Good news! Brick and mortar is alive and well. Many malls are coming back. Americans are flocking to Europe to walk, shop, eat, and enjoy much needed vacations. Visitors return and talk about the pleasures of walking and shopping in local shops in cities and towns all over Europe.
Keeping the “there” there - by Carol Todreas
New zoning is a big topic for many communities. Whether it is to comply with the 2021 MBTA legislation calling for more multi-family housing in locales with access to T stations or to address other pressures from public-private entities, zoning for multi-family housing is believed to be a major part of the solution to the housing crisis.
Reimagining retail for the downtown - by Carol Todreas
Before COVID-19, downtown retail had been sliding downwards. A few restaurants and stores were hanging on, but the trajectory was headed south. Now with post- COVID-19 lifestyle changes, old-style retail anywhere has lost its market appeal.
Placemaking and retail in 2024 - by Carol Todreas
Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.