Watertown News (https://www.watertownmanews.com/category/business/page/46/)
A biotech company currently located in Cambridge’s Kendall Square signed a lease to move into Watertown’s Arsenal on the Charles. Constellation Pharmaceuticals signed a 10-year lease with Alexandria Real Estate Equities, the owner of the complex on Arsenal Street, according to a report on Bisnow. The company specializes in developing novel therapeutics to be used in cancer treatment. Constellation will occupy on 79,000 sq. ft.
One home sold this week in Watertown. See more below. $600,000 – 28 Dewey St. Unit 28, Condo – 2/3 Family, 1,696 Living Area Sq. Ft., 7 Room, 3 Bedroom, 1 Full Bathroom
Sponsored by:
This week’s Watertown open houses features a small number of properties, but includes a single family, two condos and a multifamily home. $999,900 – 37 Langdon Ave., Single Family – Detached Colonial, 2,855 Living Area Sq. Ft., 9 Room, 6 Bedroom, 1 Full & 2 Half Bathroom, Open Houses: Saturday 12-1 Sunday 12-1:30
$1,475,000 – 85 Summer St. Unit 85A, Condo – Townhouse, 3,012 Living Area Sq. Ft.
Garbanzo Mediterranean Fresh has opened at Watertown’s Arsenal Yards. The following information was provided by Arsenal Yards:
Garbanzo Mediterranean Fresh, the leading fast casual Mediterranean franchise concept best known for its preservative-free, nutrient-rich menu, today officially opened the doors of its newest location at Arsenal Yards in Watertown. The new eatery is now welcoming guests at its location at 41 Bond Street, offering a modern twist to Old World cuisine, breaking down the traditional paradigm of the Mediterranean diet. “Bostonians are loving the delicious, healthy food that Garbanzo offers, and we are very excited to officially open our doors in Watertown today,” said Derek St. George, co-owner of Garbanzo Mediterranean Fresh in Watertown and Boston.
Watertown Town Hall
The Licensing Board voted to waive fees for liquor licenses and other fees charged to do business in the Town of Watertown for all of 2021 in an effort to help them endure the impact of the COVID-19 pandemic. On Thursday night, the Board heard a proposal to eliminate the annual fees for liquor licenses for restaurants, which is $2,700 for most. After a discussion, Licensing Board members decided that not just those, but also fees for other businesses should be removed for 2021. Other communities have already made changes to their liquor license fees, said David Doneski, the attorney that works with the Licensing Board. Newton and Needham approved a 50 percent reduction in fees, and Malden and Quincy waived the entire fee.
See the properties that sold this week on the Watertown real estate market. $865,000 – 22 Priest Road Unit 1, Condo – Townhouse, 2,009 Living Area Sq. Ft., 7 Room, 3 Bedroom, 2 Full & 1 Half Bathroom
$289,000 – 62 Carey St. Unit 1, Condo – Garden, 600 Living Area Sq. Ft., 4 Room, 2 Bedroom, 1 Full Bathroom
Sponsored by:
Plenty of properties for home buyers to visit in town this week. $999,000 – 29-31 Bromfield St., Multi-family Home – 2 Family, 2,685 Living Area Sq. Ft., 2 Units, 11 Total Rooms, 5 Total Bedrooms, Open House: Sunday 12-1:30
$999,900 – 37 Langdon Ave., Single Family – Detached Colonial, 2,855 Living Area Sq. Ft., 9 Room, 6 Bedroom, 1 Full & 2 Half Bathroom, Open Houses: Saturday 12-1 Sunday 12-1:30
$950,000 – 25-27 Stuart St., Multi-family Home – 2 Family 2,696 Living Area Sq. Ft., 2 Units, 12 Total Rooms, 5 Total Bedrooms, Open Houses: Saturday 11:30-1 Sunday 11:30-1
$389,900 – 52 Duff St.
The Hampton Inn & Suites by Hilton is scheduled to open by the end of 2020 at Arsenal Yards. The following information was provided by Boylston Properties:
Boylston Properties and Stonebridge Companies today announced that the Hampton Inn & Suites by Hilton™ Watertown Boston is scheduled to open at the end of December 2020 in the heart of Arsenal Yards. The hotel will be a welcomed addition to the limited hotel options that currently exist in Watertown, which is a growing destination for Boston/Cambridge leisure travel, business travel within the exploding biotechnology industry, and patients and staff of the well-established medical community in Boston, to name a few. The property will operate as a Hilton franchise, owned by a joint venture of Boylston Properties and the Stonebridge Companies, and managed by Stonebridge Companies. In an ideal location directly on Arsenal Street, and just minutes from Cambridge and Boston, the hotel serves as a gateway to historical attractions and new and upcoming venues.