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Boston's Time Out Market will stay open after new operator steps in
Summary
Samuels & Associates agreed to take over operations of Time Out Market in Fenway a day before it was set to close, and the Time Out Market name will remain under a license agreement.
Content
Boston's Time Out Market in the Fenway neighborhood will remain open after Samuels & Associates agreed on Thursday to assume operations of the food hall. The agreement came one day before the market was scheduled to close. Time Out will no longer manage operations, but the Time Out Market name will be retained under a licensing arrangement. The venue first opened in June 2019 at 401 Park Drive and measures about 27,000 square feet.
Known details:
- Samuels & Associates, a Boston-based real estate developer, announced an agreement to take over operations of the food hall.
- The announcement was made Thursday, one day before the market's planned closure.
- The decision maintains continuity for more than a dozen Boston restaurateurs who operate at the market.
- Time Out will cease operational involvement while licensing the Time Out Market name to the new operator.
- Boston Mayor Michelle Wu commented that the market has served as a gathering space and economic hub for the neighborhood.
- The market opened in June 2019 at 401 Park Drive and covers roughly 27,000 square feet.
Summary:
The operator change preserves the food hall's operations and supports the restaurateurs who work there. Undetermined at this time.
