Developers are changing their tune when it comes to signing lesser-known local retailers over national credit tenants, but Boston restaurateurs still must prove themselves before landing a space in one of the city’s glitzy new developments.
Boston’s building boom has delivered new developments from the Seaport to Watertown. Neighborhood groups frequently criticize developers for filling up ground-floor retail space with national chains like CVS and Starbucks and not enough local mom-and-pop operators. Developers have previously defended the action, saying their debt obligations restricted them to signing only national credit tenants. . . . more