Real Estate

Open Houses Around Watertown This Weekend

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Several open houses around Watertown to visit this weekend. $775,000 – 62 Lowell Ave., Single Family – Detached Bungalow, 1,309 Living Area Sq. Ft., 7 Room, 3 Bedroom, 2 Full & 1 Half Bathroom, Open Houses: Saturday 12-2 Sunday 12-2

$899,000 – 74 Walnut St., Single Family – Detached Colonial, 1,843 Living Area Sq. Ft., 11 Room, 4 Bedroom, 1 Full & 2 Half Bathroom, Open Houses: Saturday 12-2 Sunday 12-2

$469,000 – 290 Pleasant St. Unit 201, Condo – Mid-Rise, 778 Living Area Sq.

Around Town

Deal to Sell Watertown Mall Closes, Purchased by Owners of Arsenal on the Charles

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The Watertown Mall — home to Target and Best Buy — has been sold for $130 million to the owner of other major properties in Town. The sale by Watertown Mall Associates Limited Partnership and New York-based Rosen Associates to Alexandria Real Estate Equities closed on Thursday, according to a story on Bisnow Boston which reported the closing of the deal. Alexandria has become a big player in biotech in Watertown. It also owns the Arsenal on the Charles and the former Mount Auburn Club. 

The future of the property is not clear, with Target having a lease through 2033, according to Bisnow.com. Other tenants of the Watertown Mall include the Registry of Motor Vehicles, Joyful Garden restaurant, Miss Maria’s School of Dance, Carter’s and Work N’ Gear.

Around Town

Check Out the Open Houses in Watertown This Weekend

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Homebuyers have more than a dozen open houses to visit this weekend. $1,000,000 – 101 North Beacon St. Unit 301, Condo – Mid-Rise, 1,163 Living Area Sq. Ft., 5 Room, 2 Bedroom, 2 Full Bathroom, Open House: Sunday 10-12

$789,000 – 20-2 Chester St. Unit 2, Condo – Townhouse, 1,820 Living Area Sq.

Business

Get to Know Watertown Life Sciences in a Virtual Panel of Biotech Execs – Submit Your Questions

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Leaders of Watertown’s newest industry will be talking about their companies and the influx of life science into Town during the Watertown Business Coalition’s virtual event. A recent survey found about 50 biotech firms located in Watertown of various sizes and stages of development. Get to know life sciences from a panel of five executives from four life science companies located in Watertown. The event will be held on Thursday, April 29 from 4-5 p.m. To RSVP click here. The WBC’s Life Science Panel will include: Joanne Kamens, Executive Director of Addgene; Mark Bamforth, Founder, Exec.

Real Estate

Two Single Family Homes and a Condo Sold in Watertown This Week

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A pair of Watertown properties were sold this week. $885,127.60 – 456 Belmont St. Unit 14, Watertown, MA, Condo – Other, 1,488 Living Area Sq. Ft., 5 Room, 2 Bedroom, 2 Full & 1 Half Bathroom

$766,500 – 46 Quincy St., Single Family – Detached Colonial, 1,675 Living Area Sq. Ft., 6 Room, 4 Bedroom, 2 Full Bathroom

$795,000 – 22 Myrtle St., Single Family – Detached Colonial, 1,815 Living Area Sq.

Around Town

More Than a Dozen Open Houses to Visit in Watertown This Weekend

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Plenty of open houses to choose from in Watertown this week. $600,000 – 24 Morse Unit 1, Condo – 2/3 Family, 1,262 Living Area Sq. Ft., 6 Room, 2 Bedroom, 1 Full & 1 Half Bathroom, Open Houses: Saturday 12-1:30 Sunday 12-1:30

$489,000 – 8 Phillips St U:2, Condo, 1,132 Living Area Sq. Ft., 5 Room, 3 Bedroom, 1 Full Bathroom, Open House: Saturday 11-12:30

$485,000 – 40 Bigelow Ave. Unit 19, Condo – Low-Rise, 765 Living Area Sq.

Development

Zoning for Central Business District Changed to Allow Labs, Light Industry in Historic Buildings

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The Town Council approved a change to Watertown’s Zoning Ordinance that would allow life science labs as well as light industrial uses in the downtown area near Watertown Square, but only in structures built 84 years ago or before. The amendment was proposed by Berkeley Investments, the new owners of the building now occupied by Sasaki at 64 Pleasant St., which plans to create life science lab space and preserve the historic mill building, said Assistant Town Manager Steve Magoon. The Zoning amendment changes allowable uses for structures built before the Zoning Ordinance was adopted in 1937, and would allow light industry, non-nuisance manufacturing, laboratory/research, and renewable research. It only applies to the Central Business (CB) zone, which is around Watertown Square. The uses would be allowed by right in the qualifying buildings under 4,000 sq.