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Wal-Mart Proposal for Watertown Location Reportedly Coming This Fall

A lease has been agreed to by Wal-Mart with the owners of a property on Arsenal Street.

Retailer Wal-Mart will bring forward a proposal for a 92,000 store that would include a grocery section, for a spot on Arsenal Street, the Watertown Tab reported this week.

The 7.8-acre property is owned by the Cresset Group, and sits off Arsenal Street near Irving Street. The lease was first made in Aug. 2010, and the last of three amendments to the lease was made on June 23, 2011, according to records from the Southern Middlesex Registry of Deeds.

The lease lasts 20 years, with options to extend it by five years, up to six times, according to the documents.

, who created Sustainable Watertown.

The parcel is essentially landlocked. Entrances could be put through to Arsenal Street, where a billboard now stands, or onto Irving Street next to Extra Innings.

Sustainable Watertown reportedly has scheduled a meeting for concerned residents on Oct. 24 at 7 p.m. at , according to the Tab.

Barbara Blais October 08, 2011 at 11:47 AM
Wal-Mart - a terrible chain.
Wendy Rocca October 08, 2011 at 01:19 PM
Jobs, more police, competitive pricing, economic boost. Target has no competition, that's the only store we have anywhere near here. It's time we had a choice for shopping (other than clothes). A grocery store would be welcomed!
Maria Rose October 08, 2011 at 04:29 PM
As much as we need new opportunities for businesses and jobs, I would hate to see a Wal Mart built in Watertown. We have 2 supermarkets, Stop & Shop on Watertown Street and Pleasant St. A Wal-Mart will be in direct competition with the Super Target store (which has a grocery store component). I've lived in towns where an entire shopping center becomes an asphalt parking lot waste land when the anchor store suffers. Target is the anchor store for the Watertown Mall shopping center. If a Wal-Mart is built, then I'll continue to shop at Target.
Mark October 10, 2011 at 01:26 PM
Traffic is going to suck
patti days October 25, 2011 at 02:29 PM
Walmart is the best choice for Watertown. Residents will no longer need to travel considerable distances to Stop and Shop, and competition with Target will be an asset, keeping prices affordable. Many residents including myself will no longer need to drive long distances out of town to get the bargains and low prices of Walmart. In addition, jobs for residents will be created. Patti
patti days October 25, 2011 at 02:29 PM
Walmart is the best choice for Watertown. Residents will no longer need to travel considerable distances to Stop and Shop, and competition with Target will be an asset, keeping prices affordable. Many residents including myself will no longer need to drive long distances out of town to get the bargains and low prices of Walmart. In addition, jobs for residents will be created. Patti
Sonny Beaches October 25, 2011 at 04:37 PM
It'll happen, the only question is how much money Walmart will have to pay to play. I betcha that Victory Field will become Sam Walton field before fall. Pete and Mark will sell their souls to pay for that asphalt playground.
Edie B. October 25, 2011 at 10:16 PM
Patti Days, do you realize there are two Stop & Shop stores in Watertown? The low-wage jobs at Walmart aren't going to help get anyone out of poverty.
Desiree November 01, 2011 at 02:20 PM
Traffic is already horrendous on the very narrow residential streets between Arsenal and Mt. Auburn Streets. We can tolerate the cheerleading school and baseball cages (which actually may provide some value, unlike a megachain conglomerate/richest company in the U.S. who still can't pay health benefits to their barely-living-wage workers), but an additional 5,000 people per day cutting down Irving/Garnet/Phillips/Parker to avoid traffic on Mt. Auburn and Arsenal is just unfathomable. Please don't let this happen.
Sophia November 20, 2011 at 03:04 AM
I am happy and excited for a great Wal-mart store to open in Watertown. Walmart is a great store giving great fair prices for all their items. I fully favor for Walmart store for is and should arrive in Watertown with no stopping at all. Walmart will help all Watertown homeowners, residents, and all individuals for it is a great store that indeed will help all individuals, Jobs, and will pay into our Watertown Taxes . Please open op Walmart, soon. Ignore all the negativity, for those individuals will be there shopping in this new Wal-mart Watertown, Ma . Once again, please open up Walmart Watertown soon. I am a Watertown Homeowner and all my life live in Watertown, MA. I hope for hear more great news to arrive soon for new Walmart Store to open in Watertown.
Watertown1 November 20, 2011 at 03:14 AM
I would welcome an alternative to Target. As a single mom on a moderate income, Target, Shaw's and Stop and Shop are not easy on the wallet and Wal-Mart would allow me to stay in Watertown to do all my shopping rather than travel to other communities with more reasonable options for buying what I need to survive until the next paycheck
K Coyne November 21, 2011 at 03:08 AM
FYI: Lowest costs for food/everything is Costco or BJ's. There is a BJ's on the Watertown/Waltham line..while you have to go further to get to Costcos. No need for more big box, more crime,more traffic stores. The taxes we'll get will be used up via the extra costs in traffic and crime along with the potential losses in revenue to Main Street/Galen street business due to traffic. I already time my trips to that area as the traffic can be very bad. Coming down Galen St toward's Watertown Sq even at 3:00 is a long wait back to Direct Tire. The potential savings on some items at Walmart will be eaten up by the consumer via the car idling in traffic!(unless you can walk:>).
John MacNeill November 21, 2011 at 12:27 PM
Does this site make an effort to weed out sock-puppet astroturf accounts? Seems like an obvious red-flag when new accounts suddenly pop up to support unpopular issues.
jack nicoloro May 26, 2012 at 10:27 PM
what will happen to CVS in watertown sq? maybe out of business ,if walmart arrives

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