Business & Tech

See What is Proposed to be Built at Arsenal and Irving Streets

Hundreds of housing units, retail and restaurants have been proposed.

More housing, and space for restaurants and retail has been proposed to go on a large parcel of land along Arsenal Street near Irving Street.

The proposal by the Hanover Co. would be at 202-204 Arsenal St. and 58 Irving St. - which includes the area where the ill-fated Wal-Mart project was proposed. The development would have 300 housing units, and 37,100 sq. ft. of retail and restaurant space, according to a report in the Boston Globe. 

Watertown's Director of Economic Development and Planning Steve Magoon told the Globe he expects Hanover Co. proposal to come before town boards in the spring.

The project would add more housing to Watertown, but not in the area of the Westside of Watertown, mostly along Pleasant Street, where other projects have been approved and built. Arsenal Street, however, is expected to have other major changes. 

Athenahealth bought the Arsenal on the Charles complex from Harvard and plans major renovations and additions, also the Arsenal Mall and other nearby property has been purchased and more housing, retail and restaurants could be built in that development.

See the entire Boston Globe report by clicking here.


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