New Public Market Opens at Former Boston Store Site in Brookfield
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Brookfield oversaw the construction of a new public market at the former Boston Store location. This specialty market is intended to feature local vendors and Wisconsin-made products, with Visit Brookfield reporting that about 85% of the tenant space has been booked. Additionally, the city of Brookfield entered into a $28 million agreement to possibly purchase part of the Brookfield Square Mall property, though the city is not obligated to buy the site.
From fox6now.com
Why it matters
The project involves the repurposing of a large commercial site and includes plans for the city of Brookfield to potentially transform the Brookfield Square Mall into mixed-use space. This development represents a significant injection of capital into the local real estate market.
From fox6now.com
Who's involved
- Boston StoreFormer site of the department store that is being repurposed for the new market
- BrookfieldCity that is entering into an agreement regarding the purchase of adjacent mall property
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- WisconsinSpeculative
Wisconsin might see increased investment in its real estate market due to the new commercial development and potential mall transformation.
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The entities involved
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Boston Store
American department store chain, founded in Milwaukee, Wisconsin
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Brookfield
city in Waukesha County, Wisconsin, United States
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