NEW DEVELOPMENT

NEW BEDFORD — Planned development for the city’s Riverside Landing development, now occupied by Market Basket, took a few steps forward last month with the announcement that a fast food restaurant and retail space are being proposed for the site.
Developers began a permitting process with the Planning Board in June to build a Taco Bell and multi-story retail space at the Coggeshall Street site that borders the Acushnet River.
Current plans call for a 2,600-square-foot Taco Bell with a drive-through at the site and an 11,723-square-foot retail building on Coggeshall Street with space for six offices, including a Verizon.
Designs also include green space for the display of public art.
New Bedford Economic Development Council Director Matthew Morrissey estimated that new businesses could add at least 60 jobs to the area.
“That corner will be a very attractive gateway into what is a very, very highly visible development in the city,” he told the Standard-Times.
Back before the Market Basket opened in 2010, developers from Dickinson Development Corp. said they had plans for additional construction on the site, but until recently nothing more had been heard.
A portion of the development along the waterfront is owned by the real estate arm of Market Basket, according to Morrissey.
Morrissey also said he expects it to be several months, at least six, before development on a planned dock at the site can get started. He said the city is working to get a permit from the Environmental Protection Agency for the dock.
June 22, 2012 1:56 PM
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