Bank On It: Chase Replaces Coldwell Banker in Center

Photo: The future home of Chase in Belmont. Even James Holzhauer could come up with the question to this Jeopardy! answer: “An endless number.” The question: “How many banks branches can fit in Belmont Center?” The latest financial outpost to stake a claim in the “Town of Homes” is the US’s largest bank as JPMorgan […]

Belmont Business Owners Being Asked In Survey How To Stimulate Local Economy

Photo: Businesses in Belmont Center. The Town of Belmont is sponsoring a survey conducted by the Metropolitan Area Planning Council (MAPC) to guide town policy and is asking for information about what changes Belmont business owners would change to stimulate the town’s economy, including their insights into how to create jobs, support business development, and strengthen […]

Next Year’s Property Tax Rate Falls But Bill Continue Skyward As ‘Average’ Belmont Home Nears $1.1 Million

Photo: An “average” Belmont home that recently sold for $1.1 million (and it’s a ranch!) Belmont Board of Selectmen Chair Adam Dash said that next fiscal year’s property tax rate approved by the board Thursday morning, Dec. 13 isn’t that onerous compared to charges imposed in other Massachusetts city and towns. “It’s our housing values […]

BREAKING: Belmont Savings Bank Acquired By People’s United For $327M

Photo: The headquarters of Belmont Savings Bank in Belmont Center. Belmont Savings Bank, the town’s largest business with nearly $3 billion in assets, will be acquired by Bridgeport,  Connecticut-based People’s United Bank for $327 million in a stock transaction, according to a press release from People’s United issued today, Tuesday, Nov. 27. People’s United operates […]

Indian Restaurant Opening At Former Golden Garden Location on Concord Ave

Photo: The location of the new Indian restaurant in Belmont. His name is Sukhsimran Gill but you can call him Rusty. And if all goes to plan, you’ll be calling Rusty the owner of  Belmont’s latest restaurant to be called Spice Delight. Gill is prepared to turn the location of a now-closed Chinese restaurant on […]

Christmas Cappuccinos? Starbucks Looking At Late November Opening at Bradford

Photo: Design for the new Starbucks in the Bradford development.  Belmont will soon have a third Starbucks Cafe in the Town of Homes as the Zoning Board of Appeals approved unanimously a special permit allowing the Seattle-based coffee mega-chain to run a “fast food” restaurant at The Bradford, the retail/housing/parking development under construction in the […]

New Retail/Residential Project On Trapelo Could Spur Waverley Sq Redevelopment

Photo: The location on Trapelo Road of new development in Waverley Square. A pair of mixed-use developments slated for the heart of Waverley Square could hearken the beginning of a major renovation to Belmont’s business center, according to the longtime resident leading the Developer Joe DeStefano is proposing two nearly identical projects with ground floor […]

BREAKING: Foodie’s Closing Thursday After Failing To Attract Customers

Photo: Au revoir, Foodies The rumors have been swirling around Belmont Center for the past few months: Foodie’s Market was on its heels financially. Business owners on Leonard Street heard the number of customers coming to the store had never materialized as the Roxbury-based business and landlord, Locatelli Properties, had hoped. Recently, the market suddenly removed an […]

Sold In Belmont: 1 Bathroom, Oil Heat, Nearly $1 Million Dollars On Chilton Street

Photo: It’s a sign of the times  A weekly recap of residential properties sold in the past seven days in the “Town of Homes.”  • 50 Chilton St., Side-entry Colonial (1930). Sold: $965,000. Listed at $925,000. Living area: 2,158 sq.-ft. 8 rooms, 3 bedrooms, 1 bath. On the market: 40 days. Last sold: April 2012, $676,000. Petula Clark had a classic 60s hit […]