Last Monday night, City Manager George Proakis presented a draft proposal to redevelop the parking lot behind CVS in Watertown Square. There was a lot to like.
Redevelopment of the parking lot, along with several adjacent private parcels of land, would add 200-300 new units of market rate housing, including 30-45 new deed-restricted affordable units through our inclusionary zoning ordinance. And it will add a new public space to the Square in the form of a park or plaza. But this proposal also spends one of our city’s most precious resources — public land — on a construction project that doesn’t make residents’ lives more affordable, doesn’t make financial sense for the city, and that the city’s own reporting says we don’t really need. Housing for Cars Watertown?
The centerpiece of the Manager’s proposal is a parking garage on city-owned land that contains roughly two hundred metered spaces over first-floor retail.


