Development
Details of New Arsenal St. Development Revealed by Developer
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A new project proposed for the corner of Arsenal and Irving streets will serve as a guinea pig for the town’s new zoning rules and regulations. Developers Greystar Real Estate, which is working with local partners Oaktree FX, met with the general public for the first time on Monday at the Police Station and presented their current vision for the 5.79 acre project that will include 278 apartments and 15,000 square feet of retail space. Brandon Henry, who runs development for Greystar in the Northeast, thanked the town for inviting Greystar to be the “demonstration project” for the new zoning rules. “We want your feedback and ideas so we can incorporate it into the development. I have seen a lot of developments and in my opinion this site is the best one in Watertown,” Henry said.