There has been a boom in building along the area in Watertown (and part of Waltham) known as the Pleasant Street Corridor. The interesting thing is, construction is focused more on luxury apartments than building condos. More than 700 rental units will be completed before the end of the year.
The Pleasant Street Corridor is long overdue for an upgrade. The area was once lined with run down industrial buildings, abandoned warehouses, and vacant lots. In July 2008, Watertown approved the Pleasant Street Corridor District, a zoning amendment aimed at revitalizing the one-mile industrial strip. The guidelines included plans to encourage mixed-use development, retail businesses, and enhance usable open space.
The first phase of construction for the Repton Place complex produced 179 condos that were sold off back in 2006-2007, but phase two of the project resulted in the construction of an additional 206 apartments, which will be available in May. At Riverbend on the Charles the last phase of 40 units will be completed on April 15thof this year. At Alta at the Estate, 7 townhouses were completed last month and the rest will be completed by June.
