Business

Watertown Dealing with Good and Bad of Booming Development

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Watertown and Belmont are undergoing development booms, which has bolstered town budgets, but also come with struggles, such as traffic and schools bulging at the seams, officials said at the Watertown Belmont Chamber of Commerce’s State of the Towns breakfast on Thursday. Watertown is about to see more than 600 apartments come online on Arsenal Street this year, said Assistant Town Manager Steve Magoon. The town seeks to increase its revenue by encouraging more hotels and restaurants. “We had 15 additional liquor licenses approved by the Legislature, which will be an important component in brining restaurants and economic growth the community,” Magoon said. “The Marriott Residence Inn is a 150 room hotel expected to be completed in August.”

Real Estate

Watertown Has Dozens of Open Houses This Weekend

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See the many choices for home seekers in Watertown this weekend. $599,000 – 191 Pleasant St. Unit 2, 5 room, 2 bed, 1 bath 2/3 family, Open Houses: Saturday 12-2 p.m. Sunday 12-2 p.m.

$549,000 – 189 Pleasant St. Unit 1, 5 room, 2 bed, 1 bath 2/3 family, Open Houses:Saturday 12-2 p.m. Sunday 12-2 p.m.

$349,000 – 62 Pierce Road Unit 62, 5 room, 2 bed, 1 bath townhouse, Open Houses: Saturday 12-1:30 p.m. Sunday 12-1:30 p.m.

$749,000 – 39 Frank St., 7 room, 3 bed, 1.5 bath colonial, Open Houses: Saturday 12-1:30 p.m. Sunday 12-1:30 p.m.

$675,000 – 70 Lincoln St., 10 room, 5 bed, 2 bath colonial, Open Houses: Saturday 12-1:30 p.m. Sunday 2-3:30 p.m.

$499,900 – 4 Repton Cir. Unit 4114, 5 room, 2 bed, 2 bath garden, Open Houses: Saturday 12-1:30 p.m. Sunday 12-1:30 p.m.

Sponsored by:

$729,000- 30 Grandview Ave.

Business

Chamber Hosting Chronicle Reporter, Author at the Commander’s Mansion

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The Watertown Belmont Chamber of Commerce hosts Chronicle reporter and author Ted Reinstein at a special event at The Commander’s Mansion. The event is open to the public. The Chamber sent out the following information:

Join your fellow chamber members, meet and network with over 30 new Business members at a special night of Networking, Wine and Beer tasting, and food under the tent at The Commander’s Mansion in Watertown. Thursday May 12, 5:30-7:30 p.m. highlighted by:

Channel 5’s Chronicle Reporter Ted Reinstein who will be giving a Rousing and Bawdy Book signing and stories re: his newly released book: “Wicked Pissed: New England’s Most Famous Feuds”

Ted Reinstein is a native New Englander who brings to life many of the long-lasting feuds that have shaped New England demonstrating what it truly means to be Wicked Pissed. There will be:

Free raffle
Ted’s Book Signing & Stories
Wine, beer & plenty of food

Don’t miss this special night of networking, bring a friend, meet old members and new members.

Business

Arsenal Project Hosting Pop-Up Mother’s Day Etsy Shop

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Boston-area Etsy artists will be at the Arsenal Project for a Mother’s Day Pop Up Shop on May 7. The store will be open Saturday, May 7, 2016 from 10 a.m.-5 p.m.

The Arsenal Project sent out the following information:

Catch this free, 1-day- only, handmade extravaganza featuring a selection of 35+ talented local artists. This fabulous collection of Boston area maker talent will set up a 1-day temporary shop in Watertown at the Arsenal Project. Great for Mother’s Day gifting – offerings include handmade jewelry, soaps, candles, pottery, illustrations, confections, woodwork, textiles and more! The Pop Up Shop will be located inside on the first Floor; storefront between Gap Outlet and Ann Taylor in The Arsenal Project, 485 Arsenal St., Watertown.

Business

Watertown Resident Joins Executive Team at Financial Planning Firm

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MKA Executive Planners, which provides personalized retirement income planning for executives, business owners, and professionals, announced that Edward M. Perry has joined the firm as Director of Client Services. Perry has more than 12 years of experience in the financial and life insurance industries, specializing in high-quality customer service, relationship building, operations and process improvement. At MKA, he is responsible for managing client relationships. “We are thrilled to have Ed join the MKA team,” said Barry Koslow, President and CEO of MKA Executive Planners. “Ed brings many years of industry experience and has a strong communications and research background.  He has had an immediate, positive impact on our client service responses and capabilities.”

Prior to joining MKA, Perry served as an operations specialist with Delaware Life and previously held customer service and relationship management roles with Sun Life Financial.

Business

New Watertown Hotel Ahead of Schedule, Could Open This Summer

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The new hotel in the East End of Watertown has gone up faster than anticipated, and an official from the group that will manage the Residence Inn by Marriott said the hotel will open ahead of schedule. The extended-stay hotel will have 150 rooms, and will focus on the business traveler who will be in the area for more than five days, on average, said Steve Battis, vice president of Sales & Marketing for Stonebridge Cos. The hotel was approved by the Zoning Board of Appeals in July 2014, and it could be welcoming guests by the summer. “We are a little ahead of schedule,” Battis said. “We are looking at opening sometime in August.”

Real Estate

Here are the Three Properties Sold in Watertown This Week

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A two-family home and two condos sold in Watertown this week. $321,000 – 100 Summer St. U:1-4, 5 room, 2 bedroom, 1 full bathroom, Mid-Rise condo/townhouse

$310,000 – 41 Pierce Road Unit 41, 5 room, 2 bedroom, 1 full bathroom, condo/townhouse

$545,000 – 23 Quimby St., 2 unit, 10 total room, 4 total bedroom, 2 Family – 2 Units Up/Down multi-family home

Sponsored by:

Real Estate

Open Houses-A-Plenty This Week Around Watertown

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Plenty of open houses to choose from around Watertown this week. $459,000 – 110 Coolidge Hill Road Unit 6, 6 room, 3 bed, 3.5 bath townhouse, Open Houses: Saturday 1-2:30 p.m. Sunday 1-2:30 p.m.

$525,000 – 290 Pleasant St. Unit 212, 3 room, 2 bed, 1 bath low-rise, Open Houses: Saturday 12-1:30 p.m. Sunday 12-1:15 p.m.

$849,000 – 218 Main St. Unit 218, 7 room, 4 bed, 2.5 bath townhouse, Open Houses: Friday 11:30 a.m.-1 p.m. Sunday 12:30-2 p.m.

$384,500 – 290 Pleasant St. Unit 209, 1 room, 1 bed, 1 bath mid-rise, Open Houses: Saturday 11 a.m.-12 p.m. Sunday 11:30 a.m.-1:30 p.m.

$1,095,000 – 153 Russell Ave.