EagleTribune.com, North Andover, MA

New Hampshire

May 8, 2013

Salem plaza receiving makeover, new tenants

SALEM — An old landmark is getting a new look.

Workers are completing a major redevelopment of Plaza on Broadway, a 38,000-square-foot shopping center that’s been a mainstay in the community for 51 years.

Yesterday, the two-story building’s facade received a new coat of stucco as an excavator tore up ground out front. Part of the inside was being renovated as well.

The plaza at 356-366 S. Broadway is perhaps best known as the former home of Seaworld Pet Center before it closed several years ago.

Soon, it will be the new home of Harbor Freight Tools, a chain store with at least 400 locations across the country. It’s only other New Hampshire store is in Amherst.

A half-dozen businesses have occupied the plaza at any one time over the years. Only two remain — Bull Moose Music and Gently Loved Baby. Other recent tenants include Partyrama and Sunless Tanning Parlor.

The property is leased by PGSI Properties of Salem, owned by Paul Garabedian and his family. Garabedian also owns Paul Garabedian and Sons Construction.

Renovations began about a month and a half ago, according to Christine Garabedian of PGSI.

There is no definitive date for when the project will be completed and when Harbor Freight would move in, she said.

“The project is moving forward and we’re looking forward to having Harbor Freight in there,” she said.

A huge Harbor Freight banner is stretched across a chain-link fence in the plaza. No one from the company could be reached for comment yesterday.

Harbor Freight will occupy about 16,000 square feet, Christine Garabedian said. Three smaller spaces are available, including two that are approximately 6,000 square feet.

“We’re been talking to other tenants, but nothing is final yet,” she said.

Town planning director Ross Moldoff said redevelopment of the plaza is an economic boon for Salem — a popular spot for shoppers for decades.

Text Only | Photo Reprints
New Hampshire

ET Videos