Development

See Drawings of the Latest Hotel Proposal in East Watertown

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Developers have come forward with preliminary plans for a hotel off of Arsenal Street, behind Target in Watertown. Elm Street Hospitality LLC has requested a developer’s conference with the town’s Planning Department to discuss the hotel proposed for 80 Elm Street – the former Atlantic Battery building. The spot is just down Elm Street from the recently approved Residence Inn by Marriott at the corner of Arsenal and Elm streets. According to engineering documents submitted to the Planning Department the hotel would be five stories tall and cover about 12,000 square feet of the 36,000-square-foot parcel.The total floor space would be 66,604 square feet. The documents were drawn up by Bohler Engineering of Southborough.

Real Estate

Take a Look at the Homes that Sold in Watertown This Week

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Three homes sold in Watertown this week. See the details below. $295,000 – 334 Lexington St. Unit 334, 5 room, 2 bedroom, 1 full bathroom, Townhouse condo/townhouse

$580,000 – 66 Prospect Street, 2 unit, 12 total room, 4 total bedroom, 2 Family – 2 Units Up/Down multi-family home

$1,025,000 – 218-222 Main Street, 4 unit, 23 total room, 11 total bedroom, 4 Family multi-family home

Development

Residents Wonder if East Watertown CVS Project is Being Rushed

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The CVS proposed for East Watertown had its first hearing in front of the Zoning Board of Appeals Wednesday and residents said they worry that the approval of the project is being rushed. The project has met resistance since it was proposed, both from residents and the town boards. Last week, the Planning Board voted 3-1 against supporting the proposed 13,000-square-foot project at the corner of Mt. Auburn and Arlington streets. Neighbors and residents expressed the same concerns as they did during the Planning Board hearings – about lights, noise and most of all traffic.

Business

Watertown Savings Bank Donates to Homeless Veterans

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Watertown Savings Bank (WSB) made a $5,000 donation to the New England Center for Homeless Veterans (NECHV). The bank presented the check at WSB’s annual Club 50 holiday party, on behalf of the more than 3,500 Club 50 members, according to the bank’s announcement. NECHV President and CEO Andrew McCawley was on hand to accept the donation. “Veterans are an incredibly important asset to this country, our society and to business; they bring a wealth of leadership, selflessness and commitment to mission to everything they undertake,” McCawley stated. “Your generous giving is essential to our providing the best and most effective aid to those who have served this country.”

The NECHV is dedicated to ending homelessness for our Nation’s Veterans.

Development

Town Looking to Buy Small Piece of Land in Watertown

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The Town Council approved purchasing a small piece of former railroad property near Arsenal Street that could be key to nearby new developments. 

The Council approved spending $35,000 for the 3,300-square-foot parcel located at the end of Phillips Street. The state got the first right of refusal when the Pan Am Systems/Boston & Maine Corp. placed the right-of-way for a the former Watertown Branch of railroad up for sale. On Dec. 2, the town received a letter saying that the state did not intend to purchase the land, and notified officials that “The Town of Watertown has been designated as the purchaser for the [railroad] parcel.”

Business

Tufts Health Plan Drive Brings in Gifts for Hundreds of Children

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Employees of Tufts Health Plan donated nearly 300 gifts to give out to those in need. 

Each year, the names, ages and requests of children and adults in need are strung on Wish Trees at Tufts Health Plan, giving employees the chance to grant those holiday wishes. This year, the nearly 300 gifts donated by employees were given to clients of three local service organizations: the Cambridge Salvation Army, the Malden Salvation Army and Fernald Center of Waltham, according to the Tufts announcement. In addition, the estimated value of the gift contributions was matched with a cash donation by the Tufts Health Plan Foundation.

Real Estate

Several Homes Sold in Watertown This Week

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See which homes sold in Watertown and the sales price. $649,900 – 11-13 Lyons Ct., 2 unit, 10 total room, 4 total bedroom, 2 Family – 2 Units Up/Down multi-family home

$490,500 – 115 Holt Street, 7 room, 3 bedroom, 1 full & 1 half bathroom, Colonial single-family home

$410,000 – 106 Franklin Unit B, 5 room, 2 bedroom, 1 full bathroom, 2/3 Family condo/townhouse

$386,500 – 106 Franklin Street Unit A, 5 room, 2 bedroom, 1 full bathroom, condo/townhouse

$325,000 – 64 Grant Ave Unit 64, 6 room, 2 bedroom, 2 full bathroom, Townhouse condo/townhouse

$420,000 – 125 Coolidge Ave Unit 804, 3 room, 1 bedroom, 1 full bathroom, Mid-Rise condo/townhouse

Business

Planning Board’s Vote a Blow to East Watertown CVS Proposal

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The East Watertown CVS proposal did not pass muster with the Planning Board, but the Coolidge Square project is not dead. Wednesday night, the Planning Board heard from developers about changes made to the proposed 13,300-square-foot pharmacy at the corner of Mt. Auburn and Arlington streets. Architect Kevin Patten of BKA Architects showed drawings of the new facade which included a scaled down front entrance that would not protrude as much above the roofline, and the glass split up by glazing so they do not look like such large panes of glass. Another alteration was the addition of more landscaping and a wall that curves to “blur the line” between what is CVS and what is the public sidewalk, Patten said.