MEADOW GLEN Medford, Massachusetts
PROJECT DETAILS Meadow Glen is a 300,000 square foot shopping center in Medford, Massachusetts, with a highly visible location on Route 16 just east of the Project Type: Mystic River and Interstate 93. The center is easily accessible by both car Neighborhood Retail and public transportation. GLA: 300,000 sf A major redevelopment has created one of the area’s premier power centers featuring Wegmans, Kohl’s, Marshalls, DICK’s Sporting Goods, Address: and Petco. Exterior updates include new storefront facades throughout, 3850 Mystic Valley Parkway a complete renovation of the parking area—including site lighting and Medford, Massachusetts landscaping, and updated exterior signage. 02155 Middlesex County LOCATION ▪ Central location serving a population of 1,208,514 within a 10 minute drive ▪ Daytime population of 1,311,886 within a 10 minute drive ▪ Easy to reach location serving the Greater Boston market, including Boston, Cambridge, Somerville, Medford communities
KEY TENANTS Wegmans, Kohl’s, Marshalls, DICK’S Sporting Goods, Petco
NEW ENGLAND DEVELOPMENT 75 Park Plaza Boston, Massachusetts 02116 617.965.8700 NEDevelopment.com MEADOW GLEN MALL MEDFORD, MASSACHUSETTS
OSTON
Avenues of entrance
Avenues of egress ASSEM LY ROW
55 000 ADT
1
1 0 500 ADT
MYSTIC VALLEY P WY
3
RIVERSIDE AVE
E IT 31 AVERAGE DAILY TRAFFIC ROUTE 16/MYSTIC VALLEY PARKWAY: 55,000 I-93: 160,500 Location
ACCESS/EGRESS ▪ Located on Route 16 / Mystic Valley Parkway ▪ Easy access from Interstate 93 via Route 16 / Mystic Valley Parkway and from Route 28. 1 128
Wilmington 93 95 Reading Peabody Wake eld Burlington 95 Stoneham Woburn Lynn Lexington 5 MILE RADI S 1 93 TRADE AREA 3 MILE RADI S Meadow Glen Malden 10 MINUTES Revere 15 MINUTES 95 1 MILE RADI S Somerville Waltham Chelsea 20 Cambridge Boston
90 Brookline Newton 9 93
Demographics
2018 TRADE AREA DEMOGRAPHICS 1 mile 3 miles 5 miles 10 minutes 15 minutes Population 34,737 362,779 878,364 1,208,514 1,819,333 Households 14,444 151,688 364,294 502,954 732,866 Average Household Income $100,609 $113,256 $121,030 $116,500 $119,424 Daytime Population 23,383 273,886 1,058,168 1,311,886 1,799,492
NEDEVELOPMENT.COM/PROJECTS/MEADOW-GLEN-MALL NEW ENGLAND DEVELOPMENT 75 Park Plaza Boston, Massachusetts 02116 617.965.8700 NEDevelopment.com
4.1.19