Springfield assists new retail development at former Eastfield Mall with $8 million in financing

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Springfield assists new retail development at former Eastfield Mall with $8 million in financing

//business-finance.news-articles.net/content/202 .. -eastfield-mall-with-8-million-in-financing.html

Published in Business and Finance on Tuesday, June 3rd 2025 at 21:00 GMT by MassLive
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Seven of the retail buildings for the new Springfield Crossing development on Boston Road are scheduled to open by Thanksgiving.

- Click to Lock Slider

The city of Springfield is providing $8 million in financing to support a new retail development at the site of the former Eastfield Mall, which closed in July 2023. The new development, named Springfield Crossing, will be a 350,000-square-foot open-air shopping center featuring major retailers such as Target, Aldi, and a yet-to-be-announced home improvement store. The project, led by developer Onyx Partners Limited, aims to revitalize the area and is expected to create over 600 jobs. Construction is set to begin in the fall of 2025, with the first stores opening in 2026.

Read the Full MassLive Article at:
[ https://www.masslive.com/westernmass/2025/06/springfield-assists-new-retail-development-at-former-eastfield-mall-with-8-million-in-financing.html ]

N※N

Springfield assists new retail development at former Eastfield Mall with $8 million in financing