First Phase of Mall Renovation Approved, Questions on Meeting Green Goal Remain

The Watertown Planning Board voted Tuesday night to approve the first phase of the renovation of the former Arsenal Mall, which includes the two historic buildings, but developers said they may not be able to meet the energy efficiency goals without impacting the historic look. This part of the Arsenal Yards project focuses on Building A (where Marshall’s and the food court are located) and Building E (Old Navy and Golfsmith). Meanwhile, the addition made in the 1980s which connects the two large historic building will be demolished, said Project Manager Jeff Heidelberg of Boylston Properties. Building A will have two stories, and include a new glassed main entrance near Chipotle. Another entrance will be created on the east end of the building, which will open into what developers have dubbed the River Green.

Developers of Arsenal Yards Want Deal With Town to Cap Property Taxes

The developers behind the renovation of the Arsenal Mall have asked Town officials for something that has never been given in Watertown – a cap on the amount of property taxes. Bill McQuillan, principal of Boylston Properties, sent Town Council President Mark Sideris a letter last week requesting a “tax certainty” deal with the town. On Tuesday night, the Town Council referred the request to two subcommittees – Budget and Fiscal Oversight and Economic Development and Planning. Representatives from Boyslton and The Wilder Cos. said they need the certainty to get the funding required to pay for the $400 million project.

First Phase of Arsenal Mall Renovation to be Discussed at Community Meeting

Developers planning the renovation of the Arsenal Mall will discuss the first phase of the project during a Community Meeting on Thursday evening. Boylston Properties and The Wilder Companies will host the meeting where they will review Phase 1 of the Arsenal Yards master plan. “The purpose of this meeting will be to present and discuss the final layout and design of Building’s A and E, and discuss the operation of the property during construction,” said the meeting announcement. The master plan was approved by the Planning Board in January after nearly a year of discussions and meetings. Both buildings in Phase 1 were part of the original Watertown Arsenal.