Lakeville committee discusses potential for new business development along Route 105

The Lakeville Economic Development Committee convened on July 14, 2025, to discuss several pressing issues affecting the community's economic landscape. A significant focus of the meeting was the impending closure of Eastern Bank's branch, set for March 26, and the recent shutdown of Walgreens, which has raised concerns about the vitality of the Main Street area.

Committee members expressed their disappointment over the long-term vacancy of the Dewey's bowling alley and the potential sale of the Lakeville Country Club, highlighting a trend of declining businesses in the 105 corridor. This area has been identified as crucial for future development, particularly in light of community interest in revitalizing local commerce.

In previous years, the committee had conducted surveys alongside tax bills to gauge resident and business owner sentiments about development, particularly regarding the Lakeville Hospital property. The feedback indicated a strong desire for a mixed-use development similar to Derby Street in Hingham or Wareham Crossing, which would include retail and business spaces. However, challenges such as insufficient traffic counts and sewer capacity have hindered the interest of larger grocery chains like Trader Joe's and Whole Foods from entering the market.

The committee discussed the importance of revisiting past survey data to inform future strategies and enhance the business environment in Lakeville. Members noted the need for a streamlined approach to business permitting and licensing, suggesting the implementation of a "one-stop shop" model to facilitate easier access for prospective business owners.

Looking ahead, the committee scheduled its next meeting for August 11, 2025, to continue these discussions and explore potential partnerships with other communities to share best practices in economic development. The committee aims to maintain momentum in addressing the community's needs and fostering a more business-friendly atmosphere in Lakeville.