Business

Charles River Chamber “Still Optimistic” After Watertown Mall Sale

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A view of the plans for the now scrapped Watertown Mall Transformation Project. Alexandria Real Estate sold the Watertown Mall property, including Parking the Retail, OL1, R1, and the Parking Garage 1. The company retained the other properties on the left side of the illustration. (Courtesy of Alexandria Real Estate)

Last week’s sale of the Watertown Mall property ended plans to create a life science campus on the north side of Arsenal Street, but the Charles River Regional Chamber said it remains bullish on prospects for that section of town. On Oct.

Business

Charles River Chamber’s Fall Business Breakfast Features AG Andrea Campbell

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The Charles River Regional Chamber will host the 110th Fall Business Breakfast with features speaker Attorney General Andrea Campbell on Friday, Nov. 7, from 7 to 9:30 a.m. at the Newton Marriott Hotel, 2345 Commonwealth Ave. See more details provided by the Chamber, below. The Charles River Regional Chamber’s signature annual gathering, presented by Needham Bank, brings together hundreds of civic and business leaders for a morning of connection, inspiration, and celebration. 

Breakfast and networking kicks off at 7 a.m., with our program starting promptly at 8 a.m.

Our featured speaker will be Massachusetts’ Attorney General Andrea Joy Campbell, who’ll be joined by NBC10 Boston’s Latoyia Edwards for a fireside chat.We’ll be honoring 2Life Communities’ CEO Amy Schectman with the chamber’s highest honor the R.L. Tennant Award and will hear from Newton Mayor Ruthanne Fuller in her final address to the business community as mayor. 

Get your tickets before we sell out. Register here

Real Estate

Seven Homes Sold in Watertown This Week

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This week’s Watertown home sales include four single family houses, a pair of townhouses, and a condo. 91 Standish Road, $1,150,000, 4 bedroom 3 bathroom 1,968 sq. ft. Single Family

52 Edward Road, $880,000, 3 bedroom 1 bathroom 1,209 sq. ft.

Business

Watertown Mall Property Sold, Plans for Life Science Redevelopment Appears to be Over

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(UPDATED on Oct. 21, 2025 at 2:20 p.m.: The first version incorrectly noted that the whole 24 acres of the proposed project were sold. Only 550 Arsenal Street were sold). Plans to turn the Watertown Mall and other properties on the north side of Arsenal Street into a life science campus appear to be over after the owners of the property sold to a Newton-based development firm. The Boston Globe reported that Alexandria Real Estate sold the Watertown Mall property in Watertown, which is located at 550 Arsenal St., to National Development for $100.25 million.