Lease Amendment Proposed with Growing Places at Waterford Community Center
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Description
The City of Gardner is reviewing an amendment to its lease with Growing Places, LLC, expanding their footprint at the Waterford Community Center to 1,675 sq ft (Unit B) and 450 sq ft (Unit E) for 15 years, with rent starting at $16 per square foot annually and increasing every five years. The agreement strengthens Gardner’s relationship with a key nonprofit tenant seeking to consolidate operations in the city.
Contract Details
Contract Amount
$16.00 per square foot annually for 1,675 sq ft (Unit B) and $16.00 per square foot annually for 450 sq ft (Unit E); increases to $18.00/sq ft (2030-2034) and $20.25/sq ft (2035-2039)
Vendor
GROWING PLACES LLC
Agency
City of Gardner, MA
Contract Type
FACILITIES
Document Date
June 1, 2026
Contract Term
January 1, 2025 – December 31, 2039 (fifteen years; three five-year terms)
Renewal Date
2039-12-31
Renewal Info
Lease runs fifteen years in three five-year terms; rent escalates by 12.5% every five years; provisions for renewal or amendment provided in the lease text.
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