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Watertown’s Elan Union Market officially opens with complex 75 percent leased

Available units at 130 Arsenal Street start at $1,750 a month for studios

Photo of a lobby at Elan Union Market Photo courtesy of Greystar

Elan Union Market, a new 282-unit apartment complex at 130 Arsenal Street in Watertown, is now at least 75 percent leased, according to the Charleston, South Carolina-based developer Greystar.

The company hosted a grand opening for the complex on June 25. It’s the latest new project in Watertown, the most prominent of which is just down the street: The $400 million redevelopment of Arsenal Mall into Arsenal Yards, with its 425 apartments, 250,000 square feet of retail, and 150-key hotel. That project is starting to open this year.

Elan Union Market for its part includes tenant amenities such as a fitness center, bike storage, a courtyard with grilling stations, and a pool with a sun deck. Each apartment includes a washer-dryer, and many have balconies.

Available studios there start at $1,750; one-bedrooms at $2,425; one-bedrooms with den at $2,750; two-bedrooms at $3,125; and three-bedrooms at $4,390.

The project is Greystar’s first in the Boston area.