Developers Boylston Properties and the Wilder Companies (and their partners, including a first cousin of former President George W. Bush) are out with the long-awaited details of the redevelopment and expansion of Watertown’s Arsenal Mall.
The developers purchased the site in 2013, and speculation has raged re: what, exactly, the project would include. Here’s the latest on what’s now called Arsenal Yards:
- It will feature 350,000 square feet of retail and entertainment.
- That retail will include a 30,000-square-foot specialty grocery store and what the developers describe as a wine “superstore.”
- The entertainment will include a multiplex cinema and six to eight limited-seating screens; and there will be six “chef-driven” restaurants.
- As for the residential portion, that is slated to include 428 market-rate apartments and 75 affordable ones.
- Zipcar will also be available as will electric-car chargers.
- All totaled, the development is expected to stretch to more than 1 million square feet.
The first parts of Arsenal Yards—the retail stores—are scheduled to open in the fall of 2018. The apartments should arrive in 2020. Stay tuned.
In the meantime, if you need a concrete example to conceptualize the mega-development, look no further than Somerville’s Assembly Row.
- Nearly half of Assembly Row's condos sold a year before opening [Curbed Boston]