Arsenal Mall Project Receives Major Investment from JP Morgan

The owners of Arsenal Yards sent out the following information:
Boylston Properties and J.P. Morgan today announced a $109 million strategic investment from institutional investors advised by J.P. Morgan in Boylston Properties’ Arsenal Yards development, a mixed-use destination of the former Arsenal Mall in East End Watertown. With sitework currently underway and upon the first phase opening in 2019, the vibrant urban neighborhood will be more than one million square feet, including 250,000 square feet of shops and eateries, anchored by Roche Bros. and The Majestic Cinema, YardWorks (200,000 sq. ft. of new and existing office and lab space), Blvd & Bond (425 contemporary residences), a 150-room Hampton by Hilton, The Fitness Collection, and a revitalized Arsenal Park with expanded access to the Charles River.

LETTER: Development on Arsenal Street is Changing the East End

To the editor, and the Watertown community,

I think the thing that bothers me most about this, and many other developments going on around the Boston area, is the fact that none of what I see takes into account the existing residents. There is no thought about who already lives here, and how what they develop will affect the area. There is no thought of including any of the character, the history of the location, buildings, etc., which is very important to the knowledge of how our county was formed. No thought of the people who have made this area what it is … no thought of all of the cultures, especially in East Watertown, that already reside here.

Taller Building Heights at Arsenal Yards to be Discussed at Community Meeting

The Watertown Planning Department announced the developers of the Arsenal Mall will host a community meeting about the proposed zoning change to allow a height increase in the Regional Mixed Use District. Developers sent out the following information:

Boylston Properties will hold a Community Meeting to review the proposed zoning change in regards to Building G located within Arsenal Yards. The purpose of this meeting will be to present and discuss the proposed zoning amendment which requests an increase the overall height of the building from its previously approved 130 feet to 197 feet. If approved, the height within the Regional Mixed Use District (RMUD) could be 197 feet by “Master Plan Special Permit within a defined Mixed-Use project, using adopted Design Guidelines provided the project includes a diversity of building heights and furthers the intent and purpose (§5.18.a) of the RMUD.” (From WZO) Building G will contain approximately 140 for-sale residential condominium units and 193,000 GSF (versus the previously approved 189,000 SF). Discussion will include the massing of the Building as well as the buildings location relative to the Charles River and Arsenal Park. The Meeting will be held on Monday June 18, 2018 from 6:30-8:00 p.m. The meeting will be held at the “Arsenal Yards Development Office” located within the Mall.

Phase 4 of Arsenal Project Includes Plaza With Restaurants, Retail & Apartments

The fourth phase of the Arsenal Yards project will feature what developers hope will become a focal point of the site, with a plaza where people will stroll, eat at restaurants’ outdoor seating and gather for special events. Developers from Boylston Properties presented the plans during a Community Meeting at the Arsenal Yards last Thursday. This phase, the fourth of five, includes three buildings, two of which will surround the plaza in the center of the new layout of the former Arsenal Mall. It will be in the middle of what was the front parking lot of the old mall. Building C will have 27,500 sq. ft.