[Excerpt] The Stop & Shop Supermarket Co. Tuesday closed the deal with SuperValu, parent company of Shaw's Supermarkets, to take over the remaining eight years on Shaw's lease for the 150 Whalley Ave. site at Dwight Place.
The store, which will have 130 full- and part-time workers, is expected to open this summer, after renovations are complete.
"New Haven residents have been underserved for many years," said Stop & Shop New York Metro Region President Ron Onorato. "We plan on correcting that problem by providing area residents the finest products at the best possible prices."
The 56,000-square-foot building has been closed since March 2010.
Townsend Maier singled out the assistance of Abigail Rider, director of Yale University Properties, and Tony Schaffer, president of C.A. White, who pursued leads, conducted preliminary negotiations and offered their leasing expertise.
Susan Hays and David Monz, both of Updike, Kelly & Spellacy, constituted the legal team, while Kelly Murphy and her staff at the city's Office of Economic Development put together a marketing plan. Michael Levine, president of TRI and an investor in the plaza, also provided advice.
Townsend Maier feels a survey, put together early in 2010 by Data Haven to show potential grocers the interest in a supermarket, was key to getting Stop & Shop's attention.
The property is in a shopping plaza owned by the Greater Dwight Community Investment Corp., which attracted Shaw's in 1998 through the effort of 300 residents, and institutional and business partners, including Yale University, the Hospital of Saint Raphael, the Whalley Avenue Special Services District, the city and state.