Yale University Properties will announce the new tenant for its 1 Broadway location on Thursday afternoon, ending months of speculation.

One Broadway has stood empty since Au Bon Pain closed down last year after University Properties did not renew its lease. For the past few months, University Properties has said that they have been searching for the ideal tenant – one that would complement the existing retail offerings and appeal to a broad audience.

University Marketing Coordinator Patrick O’Brien said in an email that the Shops at Yale will unveil the new tenant on Thursday at 1:30pm on Broadway Island.