Business

Galen Street Biotech Development Approved by ZBA

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A view of the life sciences building at 66 Galen St. approved by the Zoning Board of Appeals. This view is from Galen Street. The following piece was provided Boston Development Group:

Following months of planning discussions and community meetings, Boston Development Group (BDG) has received approval from the Watertown Zoning Board of Appeals (ZBA)  Thursday for a proposed life sciences development at 66 Galen Street in Watertown, Massachusetts. Boston Development Group (BDG), a multifaceted investment management and real estate development firm, plans to build a major life science campus comprised of two phases totaling nearly 450,000 SF of Class A Office/ R&D LAB.

Business

Construction Underway on 9-Story Biotech Building at Arsenal Yards

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A rendering of what the nine-story 100 Forge building at Arsenal Yards will look like. Developers are creating 165,000 sq. ft. of space for biotech companies. The following announcement was provided by Boylston Properties:

Boylston Properties, a Boston-based developer of mixed-use destinations, and institutional investors advised by J.P. Morgan Asset Management, announced a joint venture agreement to proceed with plans to construct 100 Forge, a nine-story 165,600-square-foot lab building at Arsenal Yards in Watertown.

Business

New Owners of Arsenal on Charles Discussing Additions to Site at Community Meeting

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Building 1 is one of the new additions to the Arsenal on the Charles proposed to be built by the new owners. The following information was provided by Alexandria Real Estate Equities:

Please join Alexandria Real Estate Equities, Inc. (ARE) for a review and discussion on conceptual plans for the Arsenal on the Charles (AOTC) campus, which ARE purchased from Athena Arsenal, LLC in late 2019. The purpose of these meetings will be to present and discuss ARE’s proposed plans to redevelop AOTC into a collaborative and innovative campus including life science, office, retail, and community uses, as well as publicly accessible open spaces and streetscape improvements. Discussion will highlight the changes from Athena Arsenal LLC’s previously approved Campus Master Plan Special Permit and Site Plan Review (PB-2016-01) as well as conceptual designs for the new buildings and the associated public realm including pedestrian and bicycle connectivity tothe adjacent neighborhoods. (note: postings will be available online prior to the first meeting)

An overhead view of Arsenal on the Charles, showing the proposed new additions: Building 1, Building 2, the Connector and Site D.

We will be hosting two community information meetings: one on February 3rd, and the other on March 11th.

Around Town

Planning Board Supports Major Project South of Watertown Square

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A view of the proposed life sciences building at 66 Galen Street viewed from Galen Street. Plans for an a new life science building on Galen Street near Watertown Square got praise from the Planning Board for taking steps to address traffic in the area, improving public transportation and creating green space for public use. The board voted unanimously on Jan. 13 to support Boston Development Group’s project at 66 Galen St., which includes the former Colonial GMC dealership and sits next to the MBTA’s Watertown Yard. On Jan.

Business

Marijuana Dispensary Hosting Community Meeting to Discuss Potential Move

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Natural Selections, Watertown’s first medical marijuana dispensary, will be opening soon. Watertown’s first marijuana dispensary, Natural Selections, seeks to move when the lease at its current location expires. A Community Meeting will be held to discuss the proposed new location on Jan. 6 at 5 p.m. It will be held remotely via Zoom. The dispensary opened in July for medical marijuana sales and in December started recreational sales.

Around Town

Community Meetings Planned on Proposal for Former Miller’s Ale House Site

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An illustration of the proposed One Arsenal Marketplace life sciences development. The building at 617 Arsenal St. used to be home to Miller’s Ale House. The developers of the building where Miller’s Ale House was located have scheduled two community meetings to go over a proposal for a new building, which calls for creating space for life science companies. The proposal calls for adding a third floor and a penthouse on top of the existing structure at 617 Arsenal St., near the intersection with Greenough Boulevard.

Development

Find Out What’s Happening with the Tufts Building at a Community Meeting

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An online community meeting to discuss the plans for the Tufts Health Plan property will be held on Dec. 21. The developers who are renovating the facility sent out the following information:

Tufts Health Plan recently sold 705 Mt. Auburn Street and 64 Grove Street to 705 Mount Auburn LLC and 64 Grove LLC. Accordingly, the new project team would like to invite you to attend a virtual meeting on Monday, December 21st at 6:30pm to formally introduce itself and present its improvement plans.

Development

Marijuana Dispensary on Pleasant Street Approved by Planning Board

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A recreational marijuana dispensary received approval from the Planning Board to open at the mixed-use complex at 330-350 Pleasant St. The Town’s third marijuana dispensary, located in a complex on Pleasant Street that will also have apartments, got approval from the Planning Board Wednesday night. Bud’s Goods & Provisions will be going into part of the retail space at the Water Mills at Bridge Point mixed-use development at 330-350 Pleasant St., near the intersection with Rosedale Road. The dispensary will have adult-use sales, also known as recreational. In July, Bud’s entered into a Community Host Agreement with the Town, which includes paying 3 percent of its gross profits to the Town to offset the impact of the dispensary on Watertown, and a $10,000 charitable donation annually.