Applegreen would completely replace buildings at nine of the 18 service plazas and make significant retrofits to the others. In total, Applegreen has pledged to make $750 million in capital improvements over the life of the lease. The company also would share a portion of the revenue it earns at these plazas with the state, totaling at least $28.4 million a year on average over the contract term — or nearly $1 billion that would go to the state over time.
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The lease, which has a 10-year extension option, would take effect on Jan. 1, 2026, for 14 of the 18 service areas: the 11 on the turnpike, plus rest areas in Lexington, Newton, and Plymouth; Applegreen is slated to replace McDonald’s as the food concessionaire, and Gulf for the fuel along the turnpike. The contract for the other four plazas — currently operated by Waltham-based petroleum supplier Global Partners in Bridgewater, Barnstable, and Beverly — would switch over on June 30, 2027.