Re/Development
WaterTower Plaza
Boston CBSA
The $11M redevelopment repurposed the former Shaw’s grocery box into a new 46K sq ft grocer, added new storefronts, and remerchandised the former Pier 1 space with an Ulta Beauty and an expanded Five Below. Extensive enhancements, including a full façade renovation, improved signage, new lighting, landscaping and parking, modernized this regional center. *Project Completed 2Q25
Re/Development
WaterTower Plaza
Boston CBSA
The $11M redevelopment repurposed the former Shaw’s grocery box into a new 46K sq ft grocer, added new storefronts, and remerchandised the former Pier 1 space with an Ulta Beauty and an expanded Five Below. Extensive enhancements, including a full façade renovation, improved signage, new lighting, landscaping and parking, modernized this regional center. *Project Completed 2Q25
By reconfiguring former anchor space and refreshing the tenant mix, we’ve elevated WaterTower Plaza into a stronger, more competitive regional destination.
Get Started Today
WaterTower Plaza
489-493 North Main Street, Leominster, MA 01453
Eric VanDeWeert
Director, Specialty Leasing
Call 610.832.6298
Ancillary leasing and leases less than a year
Re/Development
Completed Redevelopment Projects
Enjoy this selection of redevelopment projects for your viewing pleasure
The Davis Collection
Sacramento CBSA
This major transformation reimagined the former University Mall into a modern retail destination, leveraging the existing Trader Joe’s as a cornerstone while partnering with the grocer to complete the redevelopment. Anchored by a new Nordstrom Rack, PetSmart, and Ulta Beauty, the project introduced over 100K sq ft of new retail and dining, including first-to-market tenants, organized around an outdoor community courtyard with extensive site, façade, and pedestrian enhancements and murals by local artists.
Westridge Court & Block 59 - Phase I
Chicago CBSA
A new restaurant and entertainment district featuring The Cheesecake Factory, Yard House, Ruth’s Chris Steak House, Shake Shack, Stan’s Donuts, and more across nearly two acres of open community space. Additional upgrades to Westridge Court, including landscaping, signage, lighting, and improved pedestrian and vehicular flow, enhance the overall merchandising mix and visitor experience.
Village at Newtown
Philadelphia CBSA
This multi‑phase redevelopment added 60K sq ft of new buildings featuring locally loved restaurants and national retailers, including Ulta Beauty, Harvest Seasonal Grill and Turning Point, complemented by extensive façade renovation. The restored historic Toll House, upgraded public spaces, enhanced signage and new community amenities, including an amphitheater, strengthened the center’s role as a neighborhood gathering place.