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New Businesses May Be Coming to North Reading Plaza, Possible Renovations

What businesses you like to see in the plaza?

Back in January, North Reading Plaza was sold by Great Island Development to RK Centers for $11.6 million. So what will they do with the plaza? They are still working on a future plan, but there are several different possibilities.

RK Centers may renovate the store fronts, which, according to Director of Marketing for RK Centers Kevin Belmont, is something they do with a lot of their properties. New businesses moving in is also an option. There is one vacant 3800 square foot space open in the plaza. There is also a proposed pad site between Citizens Bank and Joe Fish (shown in photo).

It could go either way. 

"It’s a stable shopping center that we would love to see be possibly a little bit larger, but at the same time it’s a good asset the way it is," Belmont said.

According to Belmont, since the property is still fairly new to them, they are "just getting our feet wet." They need to understand how the building and septic systems work, he said. 

The old owner had already proposed the new pad site modification, Belmont explained, but it is still a possibility if they can figure out how and if it is possible to expand the septic system to accomodate the additional square footage.

RK Centers likes to update shopping centers, but need to see what the property will hold before they make any major investments.

"Our goal would be to revitalize the center and renovate," he said.

For now, RK Centers is still working out the logistics.

Please check in with us for more updates as they become available.

Coffeekatie February 14, 2013 at 06:52 PM
Starbucks, Whole Foods, Trader Joes!
Joe Veno February 14, 2013 at 07:54 PM
OCEAN STATE JOB LOT !!!!!!
Jim Pothier February 14, 2013 at 08:01 PM
Maybe this new management group and their plans to "revitalize the center and renovate" will motivate the Stop and Shop group to do something with the vacant store site on Main Street. A little competition for tenants!
JIM February 14, 2013 at 10:33 PM
Starbucks, Oh I certainly hope not
Chris Fuccione February 14, 2013 at 11:02 PM
What about Ocean State Job Lo...... To soon? Nevermind!
Maclen February 14, 2013 at 11:12 PM
A vacant lot works for me.
Maclen February 14, 2013 at 11:16 PM
Hey cut and paste, sounds to me like you have OSJL on the brain. Why don't you move to Medford.
Jessica February 15, 2013 at 12:58 AM
Better than an OSJL!!
Joe Veno February 15, 2013 at 02:20 AM
Have no fear what ever business that wants to go in there if the do-gooders do not want it they will drive it out of town and we will lose more tax dollars. Hope you all are enjoying the tax money we are losing at the old S&S..
Joe Veno February 15, 2013 at 02:21 AM
Why Medford?
Charles Durham February 15, 2013 at 04:33 AM
Must put the blame on the town council members for allowing S&S to move stopping a competitor from moving into the town.
Joe Veno February 15, 2013 at 10:24 AM
Charles the Selectmen could not stop S&S from moving.
Cillie Man February 15, 2013 at 01:09 PM
Name calling Joe? This is the level of contribution you too often achieve.
Barry February 15, 2013 at 03:29 PM
Too bad they can't replace Walmart with a decent, clean store that doesn't stink.
Maclen February 15, 2013 at 11:26 PM
Cut and paste, it's time to think outside the box store. Tear down the existing plaza. Viva Las Vegas! North Reading Selectman should contact Steve Wynn to see if he would be interested in buying the property from RK so he can build a casino there. Talk about huge revenue.......
Joe Veno February 16, 2013 at 12:26 AM
@ Cillie Man, You think calling people do-gooders is name calling? Get a life who ever you are. At least I have the guts to use my real name. Unlike you.
Sally February 17, 2013 at 06:33 PM
Christmas Tree Shop would be great!
B Whitney February 17, 2013 at 10:45 PM
I was thinking a new improved Super Walmart at the old Stop & Shop. New Walmart would be clean, well-organized, fully stocked, with smiling, happy employees ready to help. Trader Joes could go where the current gross Walmart is.
ancmay February 20, 2013 at 01:26 PM
Lets keep GROSS Walmart where it is and bring in Target for the old Stop & Shop
Jane Whitney February 22, 2013 at 01:06 PM
I agree, Keri. We need competition for S & S!
Voiceofreason February 22, 2013 at 04:18 PM
Good call ancymary...Whenever someone suggests a nice store like Starbucks, Target, etc everyone shoots it down..Why are people stuck in 1975??? Come on!!! No more Ocean State Jobs,Walmarts, X-Mas tree Shops!!!Anyone who shops at the North Main St Stop and Shop would be better advised to just flush their money down the toilet because their prices are brutal..
Jessica February 22, 2013 at 04:42 PM
I think people would like to see Zayers, Grants, and the Starlight Lounge back in place. Rt 28 in the 70's was a sight to behold!
Joe Veno February 22, 2013 at 10:54 PM
@ Jessica it was the Stardust Lounge.
JIM February 23, 2013 at 11:00 PM
Ugh, Starbucks Please no. Anything but snooty starbucks
JIM February 23, 2013 at 11:06 PM
Yes I'm with Jessica, The Good old days Before the snooty Millionaires moved in and tried to change Our town. Zayre's, Grant City, The Stardust lets not forget the Bullpen and the old Shoe
Voiceofreason February 25, 2013 at 06:21 PM
Maybe we can bring McWong's back..Come on folks get over the past and move forward...No more low budget crap stores...
ancmay February 25, 2013 at 07:09 PM
JIM, Don't forget about Rustler's and Mavericks .........
Jessica February 25, 2013 at 08:53 PM
Ahahaaa. Yes, Rt 28 was a thing of beauty in the seventies.
JIM February 26, 2013 at 01:03 PM
Macwongs was good but Long John Silvers was better, What about Wizard World ?
JIM February 26, 2013 at 01:05 PM
Yes The Maverick and Georges Packie

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