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Time Out Market Boston to Close Jan. 23, Leaving 27,000-Square-Foot Hole at 401 Park

The shutdown tests Alexandria’s plan to replace a key retail anchor at 401 Park.

Overview

  • Managers informed vendors the food hall’s last day will be January 23, a date a vendor confirmed to local TV.
  • The venue spans 27,000 square feet at 401 Park with 15 eateries, two bars and a seasonal patio, and it remains fully leased.
  • Time Out Group and building owner Alexandria Real Estate Equities did not respond to requests for comment.
  • The neighboring REI Co-op store is also expected to close this year, raising questions about near-term vacancies in the Fenway complex.
  • Opened in 2019 as Time Out’s third U.S. site following the Lisbon concept, the market faced heavy vendor turnover during the pandemic, and Alexandria must now secure a new anchor tenant after acquiring 401 Park in 2021.