News Flash

City of Malden News

Posted on: May 21, 2019

Jefferson Apartment Group Announces First Retail Tenants to Sign on at J Malden Center

Rendering by Jefferson Apartment Group

Jefferson Apartment Group (JAG), a leading multifamily developer and operator specializing in premier apartment communities throughout the East Coast, announces today J Malden Center in Malden, Massachusetts has signed its first two retail tenants to the mixed-use development slated to open later this year in downtown Malden. After six years of development and construction, J Malden Center will feature civic office space, retail and luxury apartments located in a highly accessible location directly across from the Malden Center MBTA station on the Orange Line.

Landsmith and Soul City Yoga are the first two businesses to sign on to the development. Landsmith is a locally-owned gourmet coffee shop and cafe concept by Heather Schmidt. Already a local area favorite known for their yoga, sculpting, and barre classes, this will be Soul City Yoga’s second location after their Lynn studio.

“Working in lockstep with the City of Malden throughout this transformation, we knew how critical it was to have locally-owned, community-focused businesses anchor the retail component of J Malden Center,” remarked Sandi Silk, Senior Vice President and Development Partner, JAG. Malden Mayor Gary Christenson agrees, “Seeing quality retailers wanting to do business at the new development is gratifying and a reminder that we are nearing the completion on a long, complicated and important initiative. Reopening Pleasant Street to bring additional life to the downtown was an important goal when I first took office. With City Hall construction underway for a January occupancy, retailers formalizing commitments, and the re-opened street to be accessible in just a few short months, the future is bright!”

Silk further commented, “These two women-owned, entrepreneurial businesses represent what is so deeply authentic and exciting about this new phase for downtown Malden, and we are thrilled to have a hand in the process.”

“I could not be more excited to launch my business on Pleasant Street,” said Schmidt. Landsmith is an ‘Outdoor Adventure Clubhouse’; a place to bring the community together with excellent coffee, nourishing food, and connecting people to the outdoors. We plan to host events and workshops like Trail Running 101 and Bike Maintenance Basics. I am passionate about running and biking, coffee, and community - the cornerstones of our business.” Landsmith will serve specialty coffee, pastries, and sandwiches.

Soul City Yoga’s owner, Shanel Anderson, said of the new development, “This will be our second location, and we are confident we will flourish here, attracting even more yoga practitioners. Soul City Yoga was founded as a way to create a community space where people could center and achieve personal growth, as well as feel connected to their neighbors. Our new location at J Malden Center will enable us to achieve and surpass that goal. We are honored to be on the front lines of reinvigorating this community with local businesses and familiar faces.”

Upon completion, J Malden Center will have over 24,000 square feet of retail. “Malden’s downtown is going through a real transformation, and the new J Malden Center development has been a major catalyst,” remarked David Downing of Graffito SP, the retail advisory and brokerage team working on the development. “The incredible visibility of the retail spaces along both Commercial and Pleasant Streets as well as the proximity to the Malden Center Orange Line Station have garnered a lot of interest. We only have a few street-level retail spaces left to fill with remaining footprints ranging from 2,500 to 5,000 square feet. We are proud to introduce Landsmith and Soul City Yoga to the Malden community and know they will be staples for years to come.” For more information about J Malden Center, visit jmaldencenter.com.

About Jefferson Apartment Group

Jefferson Apartment Group is a full-service real estate firm specializing in multifamily and mixed-use real estate investments through acquisition, development, construction, and property management services. JAG focuses on urban, transit-oriented assets located in high barrier-to-entry markets on the East Coast. The firm is committed to creating and managing communities that are high quality, innovative and environmentally responsible. More information is available at www.jeffersonapartmentgroup.com.

 

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