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from Medford Green Line Neighborhood Alliance blog:
Medford Boloco to close; owner cites GLX delay as factor
Medford Boloco to close; owner cites GLX delay as factor
The Boloco restaurant at 340 Boston Ave. will close on Nov. 30, Boloco CEO John Pepper told the Medford Green Line Neighborhood Alliance in an email Sunday night.
Responding to an email reminder about a public meeting this week about the latest Green Line delay, Pepper said the fact that the project is languishing was a factor in his decision to close the Medford location.
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Date: 2011-09-12 01:26 pm (UTC)no subject
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Date: 2011-09-12 02:48 pm (UTC)But, if you can't make it work on the edge of a college campus, then it's time to move on. I daresay we won't be seeing a Boloco in the neighborhood anytime soon.
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Date: 2011-09-12 02:50 pm (UTC)no subject
Date: 2011-09-12 03:41 pm (UTC)They also have a location at Northeastern inside the student center.
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Date: 2011-09-13 08:13 pm (UTC)But that's neither here nor there. I've officially given up hope that the GLX will happen either ever or while I live in the area.. whichever comes first.
Sad but True... and No Excuses
Date: 2011-09-16 03:04 am (UTC)Below is our own press release that sheds a bit of light on how we view this. What it doesn't say is that we are mostly just SAD to leave. We had missteps in this location from the very beginning and ultimately never built the legion of loyal followers we need to justify renewing the lease (we had 15 years left if we had chosen to renew).
Here it is, for what it's worth... and please feel free to join us on our October 31 closing party.
Anyone who knows us knows we do it right, both in good times and bad ;)
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BOLOCO MEDFORD WILL CLOSE ITS DOORS
Location near Tufts University ‘wraps up’ on October 31
Boston, MA – Boloco, a chain of inspired burrito restaurants headquartered in Boston, announced it will close the doors of its Medford location when its lease expires on October 31. Boloco opted not to renew the first of three lease extension options, which would have allowed it to remain on Boston Avenue until 2026.
John Pepper, CEO and co-founder of Boloco, explained the reasoning behind the decision to close the nearly five-year-old location. “Boston Avenue in Medford didn’t ever develop as we had once believed it would,” said Pepper. “Add to that the seemingly indefinite delays in the MBTA Green Line Extension Project and the unfortunate fact that our restaurant, our menu, and our service never attracted the droves of Tufts students and Medford residents we needed, we didn’t see a compelling reason to do another lap around the track. We obviously wish that we had done things differently that could have made us successful. Our Medford team will miss their neighborhood friends when they relocate to other Boloco restaurants throughout Cambridge and Boston.”
Boloco has six new restaurant openings planned in Massachusetts, Rhode Island, Maryland, and Washington, DC in 2012. Regardless, the closing of any restaurant is a difficult decision, and Boloco will host a special event on October 31 to thank its team, loyal guests, and community supporters.
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John Pepper
CEO/Co-Founder
Boloco
Twitter @bolocoCEO
Re: Sad but True... and No Excuses
Date: 2011-10-29 09:37 pm (UTC)