hanover mall

PREP Property Group Announces Redevelopment of Hanover Mall

By | 2019-09-19T13:43:52+00:00 September 19th, 2019|Media|

Historic mall to be redeveloped as Hanover Crossing, a mixed-use lifestyle center Market Basket Supermarket announced as grocer anchor Hanover, Massachusetts – September 19, 2019 - PREP Property Group Inc. ("PREP”), a vertically integrated real estate company focused on creating value in retail real estate, is excited to announce the redevelopment of Hanover Mall. PREP

PREP Property Group prepares for $250 million transformation project for Hanover Crossing

By | 2019-05-15T17:34:17+00:00 April 26th, 2019|About Hanover Mall|

Hanover, MA If it’s true that everyone appreciates an underdog, then people are going to love the story unfolding with the Hanover Mall. Built in 1971, the 732,000 s/f indoor mall is a long way from its heyday of the 1980s and 1990s. Once sold for $100 million in 2007, current owner PREP Property Group bought

Thirteen additional liquor licenses in the mix for Hanover Mall

By | 2019-05-15T17:34:23+00:00 April 11th, 2019|About Hanover Mall|

As Hanover Mall changes over the next few years into an outdoor mall that will be known as Hanover Crossing, the addition of several restaurants is expected play a large role in its transformation. And whether those restaurants will be able to serve alcohol is soon to be in the hands of voters. Town Meeting

ZBA Unanimously Approves Hanover Crossing Variances

By | 2019-02-12T16:01:57+00:00 February 12th, 2019|About Hanover Mall|

As our favorite local football coach would say, "We're on to the Planning Board." Last night, the Hanover Zoning Board of Appeals unanimously approved two necessary variances (building height and rate of growth) that will allow the Hanover Crossing project to move forward to its next phase—site plan review from the Hanover Planning Board. We'd

ZBA grants Hanover Mall height variance for apartment complex

By | 2019-02-12T15:59:25+00:00 February 12th, 2019|Media|

The owners of the Hanover Mall are another step closer to bringing 297 apartments to Hanover at the back of the mall property where Patriot Cinemas currently sits. The zoning board of appeals approved a height variance at its meeting on Monday, Feb. 11, which will allow PREP, the mall owners, to go beyond the

Future of Hanover Mall up for discussion

By | 2018-08-08T18:23:45+00:00 August 7th, 2018|About Hanover Mall, Media|

By Adam Silva adsilva@wickedlocal.com An informational meeting to discuss the future of The Hanover Mall will be held Thursday, Aug. 9 from 6:30-8 p.m. in the former JCPenney location inside the mall. The meeting has been rescheduled twice, with a first attempt on April 26 and the most recent attempt on Aug. 9. The latter

Hanover Mall redevelopment forum scheduled Thursday night

By | 2018-08-08T18:21:12+00:00 August 5th, 2018|About Hanover Mall, Media|

By Jules Struck The Patriot Ledger The first enclosed shopping center of its kind on the South Shore has been sold five times since its opening in 1971. Now a company based in Cincinnati proposes to overhaul it as Hanover Crossing. HANOVER — A public forum on plans to convert Hanover Mall from an enclosed

Hanover Mall contributes $25K to mortgage fund for Sgt. Chesna’s family

By | 2018-08-06T20:18:06+00:00 August 1st, 2018|About Hanover Mall, Media|

By Ed Baker ebaker@wickedlocal.com Posted Aug 1, 2018 at 2:45 PM Updated Aug 1, 2018 at 2:45 PM Fundraising for paying off Sgt. Michael C. Chesna family’s mortgage by the Stephn Siller Tunnel to Towers Foundation is nearing its goal, but there is still more work to be done, according to Trevor Tamsen, assistant manager of media relations for the non-profit group. Efforts to pay

Malls Peel Back the Walls

By | 2018-07-31T21:49:24+00:00 July 29th, 2018|About Hanover Mall, Media|

Hanover Property Overdue for a Makeover By Jay Fitzgerald | Jul 29, 2018 Are we entering phase two of the live-work-play phenomenon sweeping the development industry in Eastern Massachusetts? From the transformation of Burlington’s Northwest Park with its 3rd Ave. outdoor shopping center to the ground-up construction of Somerville’s Assembly Square, the region has seen multiple arrivals of

Griffith and Pepdjonovic of Marcus & Millichap broker $6.25 million sale

By | 2018-07-31T21:47:12+00:00 July 27th, 2018|About Hanover Mall, Media|

Hanover, MA Marcus & Millichap completed the sale of Hanover Shopping Plaza, a 26,307 s/f shopping center.  The asset sold for $6.25 million. Evan Griffith, first vice president investments, and Tony Pepdjonovic, senior associate, in Marcus & Millichap’s Boston office, had the exclusive listing to market the property on behalf of the seller, a limited liability company