King Street to provide turnkey move-in ready space for brewery to open Q1 2024
PRESS RELEASE / June 21, 2023 (Devens, MA) – King Street Properties (“King Street”) announced today that they are seeking a brewery for a new taproom at its Pathway development, a thriving 45-acre multi-tenant campus in Devens, Massachusetts.
Pathway Devens is a five building, 700,000 square foot state-of-the-art advanced manufacturing campus that will start welcoming employees in the first half of 2024. This campus sits within the larger Devens community that employs over 10,000 people on a daily basis, making it an ideal location for a brewery to expand its footprint northwest of Boston. Devens boasts a thriving mix of commercial, residential, and recreational areas including parks, trails and golf courses and a portion of Devens is also still home to an active military reserve base.
Over half of King Street’s campus has already been delivered and phase 2 of the development is currently under construction, including the 8,300 SF amenity center and taproom. King Street has committed to a turnkey delivery of the taproom build-out and the space will be ready for occupancy in Q1 of 2024. The superior onsite amenities include a fitness center, lounge area, game room, cafe and taproom that will serve the campus workforce and the surrounding community with the food & beverage program. The amenity center will be a ‘third space,’ a place where employees in the area can work, socialize, eat and drink in a relaxing environment.
“This taproom will add a much-needed destination where those who work and live in Devens and the surrounding area can gather, dine, and spend time,” said MassDevelopment President and CEO Dan Rivera. “MassDevelopment has worked to redevelop Devens into a thriving mixed-use community that is now home to more than 950 residents, 100 businesses and organizations, ample open space, and a range of recreational activities. Bringing a brewery to Devens will complement this community feel and further our efforts to create jobs and vibrancy here – we applaud King Street Properties for making this a part of its Pathway campus.”
“We have a track record of incorporating successful F&B experiences into campuses for both tenants and the surrounding community,” said Tyson Reynoso, Managing Director & Partner, King Street Properties. “This is an amazing opportunity for a strong brewery partner given that the area is currently underserved by breweries and because there are 28,000 people within a five-mile radius on any given day.”
More information is available via the following PDF: Pathway Devens Taproom Brochure
Also, feel free to contact King Properties directly HERE
King Street is a private real estate investment management firm focused on servicing the complex needs of science-based companies and institutions. Headquartered in Boston, King Street’s assets are located in core research hubs including Greater Boston, New York, the Research Triangle in North Carolina, San Diego, and the San Francisco Bay Area. With 3 million square feet of stabilized assets under ownership and management and 4.5 million square feet in development, King Street is highly experienced in the development and operation of best-in-class life science research and development space and biomanufacturing & pharmaceutical buildings, serving as a trusted partner for companies that develop lifesaving drugs and therapies, medical devices, and companies harnessing renewable materials.