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Somerville’s Union Square notches another change near future Green Line stop

Harvard Square’s loss

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The relocation of comedy club the Comedy Studio to Union Square from Cambridge’s Harvard Square represents the latest harbinger of big change in that area of Somerville (never mind that the relocation marks another change in Harvard Square, too).

The Comedy Studio is taking space in Bow Market, a former storage facility destined to become a complex of more than 30 small storefronts for food, retail, and the arts.

The under-construction project at 337 Somerville Avenue—which is scheduled to open next spring—has 11 tenants signed now, including a craft brewery and a theater.

Bow Market joins other major changes in Union Square, which include a planned $1 billion development slated to add 1.38 million square feet of office, lab, retail, hotel, and arts space to the area as well as approximately 950 residences.

That project itself is predicated in part on another major change pending for Union Square: A stop on the extended Green Line, which is expected to roll in by 2021.

Stay tuned.