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Linden Square Business

Tuesday, January 29, 2013

Wellesley VW Planning to Renovate and Stick Around

Board of Selectmen discuss an upcoming agreement with the Linden Square dealership, part of which includes renovations.

  The Linden Square Volkswagen dealership is looking to extend its lease--and some changes in the area could be coming as part of it.  The current agreement between the town, Wellesley VW, and Federal Realty, which owns the property, expires at the beginning of 2014, but they hope to extend that to 2033 with the new proposal. This first means approval from the Board of Selectmen before putting the matter before Town Meeting.  On Jan 1, 2014, if this agreement is not approved, or the original is not extended, the zoning reverts to mixed use/retail. This lease agreement was last extended by Town Meeting in 2010. Along with the extension of the zoning and their lease, Colonial Auto Group which runs Wellesley VW, plan to renovate the building…

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