Big Changes coming to Old Colony Ave.
National Development announced on Friday that Tatte Bakery will open as the anchor tenant at 60-70 Old Colony Ave. The wildly popular and chic bakery will offer classes and workshops open to the public, and have a viewing area of the production space which will serve all Tatte’s Massachusetts locations as they undertake significant expansion. Tatte’s new space totals nearly 30,000 SF and will create over 100 jobs. Holy Moly!
Also in store for the former Cole Hersee industrial buildings will be an additional eight to ten additional restaurant and retail operators in a new dynamic ground floor. Overall, the project’s new restaurant and retail storefronts will total nearly 75K SF. So lots of changes coming to Old Colony Ave.
Tatte Bakery and Cafe, founded by self-taught pastry chef Tzurit Or in 2007, has rapidly grown across the greater Boston and Cambridge markets in the past decade and plans to expand to additional East Coast markets in the next year. The artisan bakery and cafe company selected this walkable and transit-oriented section of South Boston to open its production space and headquarters, recognizing a demand in the neighborhood, access to great employees and economic benefits of having such a centrally located location for distribution.
“This location is perfect for our future growth,” said Tzurit Or. “The opportunity to put a state-of-the-art production space here as well as expand our program to provide spaces that invite the public in to see and learn more about baking and how Tatte operates is just so exciting. It will be a bakery wonderland!”
“For close to a year now, we have been meeting with the local neighborhoods and elected officials to hear their thoughts. This project is a direct reflection of that.” said Ed Marsteiner, partner and director of acquisitions at National Development. “We are really excited to deliver on our goals of revitalization, job creation and authentic neighborhood amenities so early in the project.”
National Development, along with AEW Capital Management on behalf of one of its funds, acquired the property bordered by Old Colony Avenue, West Seventh Street and D Street this spring from the former owners of the Cole Hersee Company. Local architecture and design firm Hacin+Associates will lead the design for façade improvements. Current tenants Rock Spot, an indoor climbing gym, Lapels, a dry cleaner, and the Tufts Medical Center Behavioral Health Program will remain.
“There is much more to come, at Cole Hersee and beyond, and we can’t wait to share it with everyone in the neighborhood.” Marsteiner added.