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Shrewsbury local receipts revenue exceeds budget expectations
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Leicester Drive-In to remain closed this summer, with Mendon Twin Drive-In the lone option in Central Mass
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The residential component of the Edgemere Crossing at Flint Pond development in Shrewsbury, which will be anchored by an 80,000-square-foot Market Basket grocery store, is expected to deliver the first of its 250 units by June 2022, with final completion by January 2023.
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A rendering of the housing portion of the Edgemere Crossing at Flint Pond We are excited to be moving our first residents in next year,” said Andrew Dolben, executive vice president of The Dolben Co., Inc. of Woburn, which is building the housing development.
The bank Rockland Trust gave the updated timeline in an announcement on Thursday, saying the bank led the $53-million financing package to The Dolben Co. to build the housing at the former Edgemere Drive-In movie theater on Route 20. The development will include 116 one-bedroom units and 134 two-bedroom units, and 25 of those will be affordable housing.
SHREWSBURY With nearly 30% of the town s registered voters casting ballots, residents approved a $9.5 million override of tax-limiting Proposition 2½ Tuesday.
The measure passed, 4,323-2,769, according to unofficial results provided by the town clerk s office late Tuesday night.
The clerk s office noted that 29% of the town s 24,812 registered voters turned out.
The vote allows the town to raise the baseline tax level which, Town Manager Kevin Mizikar has said, will address a structural deficit.
Selectmen said in a message to voters that the existing structural deficit was caused in part by economic impacts of COVID-19. The final say on spending will come at town meeting May 22.
The grocery store chain Market Basket has paid $3.1 million for a portion of the planned Route 20 development in Shrewsbury where it will build its latest Central Massachusetts store.
The Tewksbury-based chain is unusual in retail for buying and owning many of its more than 80 store locations in Massachusetts, Maine and New Hampshire. In the case of its store that will anchor a new development at the former Edgemere Drive-In, Market Basket will own about 18 acres of the Edgemere Crossing at Flint Pond site, enough to include its own store, a proposed bank and pharmacy, and another nearly 23,000-square-foot retail space.
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