Market and Main is transforming an outdated single-use shopping mall with a mixed-use walkable concept, enabling visitors and residents to live, shop, and enjoy recreation in a more traditional New England setting.
The project will create a number of benefits, including:
- 1,682 full-time jobs
- 741 direct jobs related to the construction and operations phases
- 941 indirect & induced jobs created as a result of the project
- Produce $476,000 – $740,000 in positive new annual tax revenue
- Deliver a nearly $700,000 one-time impact payment to the town
- Contribute $1,000,000 in new road improvements to Meetinghouse Road and South River Road and off-site infrastructure improvements
- Commit $120 million in new investment in Bedford through the Market & Main property