Watertown News (https://www.watertownmanews.com/tag/biotech/page/3/)
The building at 580 Pleasant St. will be renovated to create lab space for life science companies. A building on Pleasant Street will be gutted and renovated to create biotech lab space. The 145,000 sq. ft.
A view of the life sciences building at 66 Galen St. approved by the Zoning Board of Appeals. This view is from Galen Street. The following piece was provided Boston Development Group:
Following months of planning discussions and community meetings, Boston Development Group (BDG) has received approval from the Watertown Zoning Board of Appeals (ZBA) Thursday for a proposed life sciences development at 66 Galen Street in Watertown, Massachusetts. Boston Development Group (BDG), a multifaceted investment management and real estate development firm, plans to build a major life science campus comprised of two phases totaling nearly 450,000 SF of Class A Office/ R&D LAB.
A rendering of what the nine-story 100 Forge building at Arsenal Yards will look like. Developers are creating 165,000 sq. ft. of space for biotech companies. The following announcement was provided by Boylston Properties:
Boylston Properties, a Boston-based developer of mixed-use destinations, and institutional investors advised by J.P. Morgan Asset Management, announced a joint venture agreement to proceed with plans to construct 100 Forge, a nine-story 165,600-square-foot lab building at Arsenal Yards in Watertown.
A biotech manufacturing center will be created in this building in the Arsenal on the Charles. The Massachusetts Center for Advanced Biological Innovation and Manufacturing is a joint effort between Harvard, MIT, area hospitals and biotech firms.
Harvard University is coming back to the Arsenal on the Charles, this time teaming with MIT, local hospitals and corporate sponsors to create a biotech manufacturing center in the former U.S. Army Arsenal. The new center will be called the Massachusetts Center for Advanced Biological Innovation and Manufacturing, and will be located in 40,000 sq. ft. of a building located off North Beacon Street in the complex.
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.
A map showing the proposed location for a three-story biotech building at 23 Elm St. in Watertown. The following information was provided by the Town of Watertown regarding a project at 23 Elm Street, just off Arsenal Street in East Watertown. Elm Street Partners will be hosting a virtual community meeting on November 23rd at 6:30 PM for the review and discussion of conceptual plans and specifics of the redevelopment of the site known as 23-29 Elm Street. The use of the site will be transitioned to research & development/lab-life sciences and ancillary office space with on-site parking.
Tufts Health Plan will leave its offices on Mt. Auburn Street after swapping it with Spear Street Capital for a property in Canton. Shown here, runner gather for the Watertown Police Department’s Finish Strong Road Race. Tufts Health Plan will be swapping its Watertown headquarters for a location in Canton after it merges with Harvard Pilgrim Health Care, and the building on Mt. Auburn Street will be acquired by a real estate investor.
Town Councilor Lisa Feltner holds a computer showing drawings of a proposed development on Galen Street. She hosted a meeting at the Watertown Library to hear residents’ concerns about the proposed zoning change and related issues. More than 40 residents concerned about a proposed biotech project on Galen Street crammed into a meeting room at the Watertown Library Wednesday evening. They worried about what would be built there, and the traffic impact on one of the most congested roadways in town, and how projects are approved in Watertown. Those at the meeting said they would like to find a way to put a temporary halt to development, at least in the Galen Street area, so that a plan can be formed to improve the whole area.