Retail Space For Lease @ 2 Mercantile Center

After more than $5.6M in renovations, 2 Mercantile Associates, LLC, an affiliate of Franklin Realty Advisors has redeveloped an existing 2-story structure at 2 Mercantile Street in Worcester and has executed a new 15-year lease with the Broadway Hospitality Group (BHG) of Boston.

The new restaurant called "The Mercantile" will feature a 1,500 square foot open patio on the second floor and promises to be the crown jewel of the Worcester downtown district. The restaurant will consist of 16,504 square feet; 3,820 square feet of storage/mechanical space in the basement below grade and 12,684 square feet of space on the two floors, large enough to seat up to 500 patrons.

BHG’s new restaurant will be called "The Mercantile" and will mirror the Boulton & Watt restaurant in Manhattan as the operator has engaged the same architect to design the Worcester location. The first floor of the restaurant will feature a 50+ seat bar with both table seating and window seating throughout, as well as additional outdoor seating for approximately 50 on the Plaza.

The second floor will be a similar layout to the first with a large center space bar area. The highlight of the restaurant design
will be approximately 1,500 square feet of open patio space at the South end overlooking the Mercantile Plaza and Mercantile
Street/City Square Plaza. The space can also be enclosed and utilized in the colder weather with steel/glass operable doors.

In conjunction with the completion/ opening of the restaurant this fall, the owner of both the 2 Mercantile property and adjacent parcel intends to upgrade the 6,000+ square foot parcel restaurant façade, garage façade and land area, with an urban mural on the restaurant façade, scrim on the garage and tree nursery with accent light poles. This space offers accomodations for: street retail.