Real Estate

Many, Many Open Houses to Visit in Watertown This Week

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Home seekers have dozens of open houses to check out this weekend in Watertown. $525,000 – 16-18 School Lane Unit 16-1, 6 room, 4 bed, 2 bath, Open Houses: Saturday 12:30-2 Sunday 12:30-2

$1,414,995 – 20-22 Hillcrest Cir., 2 unit, 10 total room, 6 total bedroom 2 family, Open Houses: Friday 6-7 Saturday 12-2 Sunday 12-2

$714,995 – 22 Hillcrest Cir. Unit 22, 5 room, 3 bed, 2 bath low-rise, Open Houses: Friday 6-7 Saturday 12-2 Sunday 12-2

$699,995 – 20 Hillcrest Cir. Unit 20, 5 room, 3 bed, 2 bath low-rise, Open Houses: Friday 6-7 Saturday 12-2 Sunday 12-2

$499,000 – 9 Fifield St., 5 room, 2 bed, 1 bath gambrel/dutch, Open House: Sunday 11-12:30

$649,900 – 95-97 Spring St., 2 unit, 10 total room, 4 total bedroom, Open House: Sunday 12-1:30

$569,000 – 11 Adams Unit 1, 5 room, 3 bed, 2 bath 2/3 family, Open Houses: Saturday 11-12:30 Sunday 1-2:30

$979,000 – 113 Watertown St. Unit 113, 10 room, 4 bed, 6f 1h bath townhouse, Open Houses: Saturday 12:30-2 Sunday 12:30-2

$649,900 – 113 Winsor Ave.

Development

Planning Board Approves Having Biotech Companies at Arsenal Yards

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The Planning Board gave its approval to allow biotech labs to be located on the second floor of the historic building in the former Arsenal Mall where Marshall’s is located. 

The proposal by Boylston Properties, the developer of Arsenal Yards, had been delayed a month because there were questions about whether labs where biotech research should be located in the same building where retail and restaurants will be located. There was concern that the Town of Watertown did not have the same local safeguards as other area communities. Wednesday night the Planning Board heard from the developers, who also brought in consultants who work with biotech companies and outfit buildings for such lab use. Mark Deschenes from Boylston Properties said his firm did a study of biotech companies in the area and that there are already at least 23 biotech companies in Watertown, with most in East Watertown, and a few on the Westside. He added that there are several examples of biotech companies sharing buildings with retail and other businesses, and that are located near residential buildings.

Real Estate

Watertown Had Four Home Sales This Week

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Four Watertown homes sold this week. $400,000 – 71 Jensen Road U:71, 4 room, 2 bedroom, 1 full bathroom, 2/3 Family condo/townhouse

$701,000 – 3 Quincy Unit 3, 7 room, 3 bedroom, 2 full & 1 half bathroom, Half-Duplex condo/townhouse

Sponsored by:

$645,000 – 56 Westminster Ave., 9 room, 3 bedroom, 3 full bathroom, Colonial single-family home

$570,000 – 97 Poplar St. Unit 97, 8 room, 3 bedroom, 1 full bathroom, 2/3 Family condo/townhouse

Real Estate

See All the Open Houses Around Watertown This Week

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Watertown has a wide array of open houses this week. $775,000 – 30-32 Royal St. Unit 30, 7 room, 4 bed, 2.5 bath 2 family, Open Houses: Friday 5-6 Saturday 2-3:30 Sunday 2-3:30

$775,000 – 30-32 Royal St. Unit 32, 7 room, 3 bed, 2.5 bath 2 family Open Houses: Friday 5-6 Saturday 2-3:30 Sunday 2-3:30

$599,500 – 22 Irving Park Unit 22, 8 room, 4 bed, 1.5 bath townhouse, Open Houses: Saturday 12-1:30 Sunday 12-1:30

$829,000 – 133 Dexter Ave. 2 unit, 11 total room, 5 total bedroom 2 family, Open Houses: Saturday 11-12:30 Sunday 12-1:30

$739,900 – 234 Edenfield Ave.

Business

Council Asks Board of Health to Create Rules, Oversight of Biotech Companies

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Following a wave of input from concerned residents, Watertown officials will look at ways to make sure that biotech labs in town are safe. 

The issue arose in August when the developers of Arsenal Yards proposed changing office space in the renovated Arsenal Mall into space for biotech research and development. The issue is not likely an isolated one, with biotech being one of the fastest growing industries in the United States and in Massachusetts, and other communities in the area are taking steps to attract this sort of company. Residents noted that other towns have regulations for laboratories and some have committees to oversee biotech companies and advise the Board of Health. At Tuesday’s Town Council meeting, Council President Mark Siders said steps will be taken in Watertown to increase oversight of biotech facilities. “Watertown falls a little short when regulating these types of laboratories,”  Sideris said. A memo from Assistant Town Manager Steve Magoon to the Town Council said that the Watertown Board of Health will develop a framework for overseeing biotech companies.

Real Estate

Seven Watertown Homes Sold This Week

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Check out all the homes that sold in Watertown. $897,000 – 23-25 Adams St., 2 unit, 13 total room, 5 total bedroom, 2 Family multi-family home

$700,000 – 1000 Belmont St., 6 room, 3 bedroom, 2 full & 1 half bathroom, Cape single-family home

$450,000 – 35 Purvis St., 6 room, 3 bedroom, 2 full bathroom, Bungalow single-family home

$470,000 – 131 Coolidge Ave. Unit 525, 4 room, 2 bedroom, 2 full bathroom, Mid-Rise condo/townhouse

Sponsored by:

$435,000 – 151 Coolidge Ave. U:408, 4 room, 1 bedroom, 1 full bathroom, High-Rise condo/townhouse

$726,000 – 188 Boylston St. Unit 2, 7 room, 3 bedroom, 2 full & 1 half bathroom, condo/townhouse

$860,000 – 298 Waverley Ave., 2 unit, 12 total room, 5 total bedroom, 2 Family multi-family home

Real Estate

Plenty of Open Houses to Check Out Around Watertown This Week

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Dozens of open houses around Watertown this week. $709,000 – 125 Coolidge Ave. Unit 111, 5 room, 2 bed, 2.5 bath mid-rise, Open Houses: Saturday 12-1:30 Sunday 12-1:30

$474,900 – 32 Whites Ave. Unit D43, 5 room, 2 bed, 2 bath mid-rise, Open House: Sunday 12-1:30

$505,000 – 57 Fayette St. Unit 0, 6 room, 2 bed, 1 bath 2 family, Open Houses: Saturday 12-2 Sunday 12-2

$529,900 – 40-42 Maplewood St.

Biotech

Watertown Biotech Building Sold for More Than $150 Million

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The Linx Watertown building, the former home of a Verizon facility, has been sold for $157.6 million, according to a report on Banker and Tradesman. 

The property was sold by Boylston Properties, which redeveloped the site, to New York-based Clarion Partners, according to the Banker and Tradesman report. The site underwent major redevelopment since the project was approved by the Zoning Board of Appeals in July 2015. Linx Watertown is located at 490 Arsenal Way, sits off Arsenal Street and sits right near Nichols Avenue. The building is completely occupied by biotech firms: C4 Therapeutics, Macrolide Pharmaceuticals, Addgene, Aileron Therapeutics, and Kala Pharmaceuticals. Boylston Properties also owns Arsenal Yards – the redevelopment of the Arsenal Mall – and built the Residence Inn by Marriott on Arsenal Street.