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MIT Kendall Square Initiative Update 12/19/17

Roche Brothers supermarket coming to $1.2 billion MIT Kendall Square Initiative development

Leading local grocer Roche Brothers will open a 19,000-square-foot Brothers Marketplace grocery store at One Broadway in Kendall Square, part of the Massachusetts Institute of Technology (MIT)'s multi-phased $1.2 billion Kendall Square Initiative mixed-use development. The grocery store is expected to open in summer 2019 and will share One Broadway's repositioned ground floor with a restaurant and a new home for Dunkin Donuts. One Broadway's repositioning is part of the 1.8-million-square-foot MIT Kendall Square Initiative development, which will construct six new buildings in Kendall Square including approximately 888,000 square feet of office space, 115,000 square feet of retail, 450 graduate student housing units, 290 housing units and over 1.8 acres of open space.

A grocery store has reportedly been the most requested retail use for the development by neighborhood residents, local employees, and students. “The community’s desire for a grocery store was raised in every conversation that we had with stakeholders during our zoning process,” says Steve Marsh, Managing Director of MIT’s Real Estate Group, in a prepared statement. “It is so important to those who live and work in Kendall that we worked to incorporate it in the earliest possible phase of our development. Going forward, we believe that the market will also serve as an anchor for other retail that contributes to a vibrant neighborhood and greater sense of place in the square.”

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