The property where the the Colonial Buick/GMC dealer had been locate had been sold to a developer.
The lot is located at 66 Galen St. in Watertown, just across the bridge from Watertown Square and next to the MBTA bus depot.
The property was sold to the Boston Development group for $7 million, according to a story on NEREJ.com.
The developers are interested in building a 100,000 sq. ft. life sciences/lab building on the spot.
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Good to see some development other than condos.
How much traffic is anticipated the for a building this size? Does the town have any plans for mitigating yet more traffic on Galen Street?
100k Sq Ft building next to one of the busiest intersections in the state. What possibly could go wrong?