Arsenal Mall, 485 Arsenal Street, Watertown, MA
Approved multi-phased redevelopment and expansion of the former Arsenal Mall opening late 2018 in Watertown’s East End. Arsenal Yards will feature 350,000 square feet of retail and entertainment, approximately 500 residences and 100,000 square feet of office space. Retail at Arsenal Yards will include a 30,000 square foot specialty grocer, a cinema with 6-8 limited-seating screens, active entertainment, a combination of boutiques and national retailers, half a dozen chef-driven restaurants and a premium wine superstore. Approximately 500 new residential units, including 428 market-rate residences and 75 affordable apartments, will be constructed ranging from studios to three-bedrooms.
Two existing historic buildings at Arsenal Yards will be restored and repositioned with creative architectural additions. Five new buildings will be constructed on existing surface parking lots ranging from 3 to 12 stories and 40 to 129 feet tall, including a 12-story, 129 foot tall residential tower.