News: Retail

Weissman of Boston Realty Advisors leases 1,800 s/f to Stil Yoga

Jason Weissman, principal of Boston Realty Advisors, recently leased 1,800 s/f of retail space, designed by JFS Design, to Stil Yoga from Newbury St., Boston at the Legacy Place. Betty Riaz, the owner of Stil Yoga, is expanding her brand with this new venture - Stil Studio, yoga and meditation. The grand opening of her Prana Vayu yoga studio with the retail store out front was October 17th. The 675,000 s/f Legacy Place is 93% leased. Anchor stores include Whole Foods Market, L.L. Bean, Borders and National Amusements' Cinema de Lux. Legacy Place is opening on a gradual basis through next spring. Several stores are now open, and about 45% of the tenants have been in business since the end of August. A new Whole Foods Market store opened Sept. 2nd. The 60,000 s/f store will be the Austin, Tex.-based organic grocer's largest in New England, and it will include a 225-seat cafe. Legacy Place will contain about 10 restaurants, the first of which, Asian bistro P.F. Chang's, opened recently. Many of the eateries will have outdoor seating. Cambridge architectural firm Prellwitz Chilinski Associates designed storefronts with varying heights and different materials from brick to cast stone, to give the center the look of a neighborhood that grew over time. In fact, construction has taken just a year-and-a-half.
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Columns and Thought Leadership
Reimagining retail for the downtown - by Carol Todreas

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.
Keeping the “there” there - by Carol Todreas

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.
Placemaking and retail in 2024 - by Carol Todreas

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.

Village centers and local retail: What the market wants - by Carol Todreas

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.