State Supplement sponsored by:
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THE NEW ENGLAND EDITION
A Supplement to:
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THOUSANDS of units in service
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Shipment in 1-3 days
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December 26 2018 Vol. L • No. 26
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Watertown’s Historic Arsenal to Be Transformed Into Urban Destination
By Cindy Riley
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PCA (Prellwitz Chilinski Associates Inc.) photo
A historic renovation that will create a unique urban street environment is unfolding in Watertown, Mass. Arsenal Yards, Boston’s new mixed-use destination development, will offer a variety of shops, local and regional restaurants, office space, housing and entertainment venues. “East End Watertown abuts two of New England’s most culturally and economically significant cities – two historic structures that comprised the original Watertown Arsenal, an Boston and Cambridge — The ordnance depot and small arms factory built in the early 1800s, will be retained bringing the best of Greater and restored, featuring Boston together to create a re-exposed classic unique destination,” said masonry and original Justin MacEachern, director steelwork. of construction, Boylston Properties. “The area’s tremendous growth in the eclectic vibe, coupled with four main ecosystems of its people, proximity and technology, healthcare, paychecks, all contribute to finance and higher educawhat will be the next great tion,” said MacEachern. neighborhood. “East End Watertown, on the “The heart and soul of urban edge, is a beneficiary Arsenal Yards is a connecof this growth, as witnessed tion to its heritage and a by the new office and resicommitment to its future. By Arsenal Yards photo dential construction in the intertwining the past and the “By intertwining the past and the present, Arsenal immediate area. present, Arsenal Yards will Yards will re-expose the two original Arsenal build“Within a 10-minute drive re-expose the two original ings, which were partially hidden,” said Justin of Arsenal Yards you’ll find Arsenal buildings, which MacEachern, director of construction, Boylston 1.2 million people, a median Properties. were partially hidden.” age of 35, 993,000 employDeveloper Boylston ees, 476,000 households and Properties, which specializes in mixed-use urban projects, an average household income of $110,000.” has teamed with the real estate development and manageThe project team includes architect PCA; civil engineer ment firm The Wilder Companies on the project. J.P. Morgan RJ O’Connell & Associates Inc.; and landscape architect has invested $109 million in Arsenal Yards, which also is Carol Johnson and Associates. Crews officially broke supported by a more than $220 million construction loan. ground in spring of 2018. Construction is currently on track “The greater Boston/Cambridge area is experiencing see ARSENAL page 16