Government
New Plan for Arsenal on the Charles Approved by Planning Board, Millions in Mitigation Projects to be Done
|
Alexandria Real Estate EquitiesA view of Building 2 with a pedestrian plaza in front. It is one of the new additions to the Arsenal on the Charles proposed by Alexandria Real Estate and approved by the Planning Board. The owners of the Arsenal on the Charles complex got approval for changes to the master plan, including three new buildings, and the owners will pay millions in mitigation funding. The plan had been criticized for the number of trees that would be lost in the projects, but the approved plan saves some of those originally slated to be removed. On July 14, the Planning Board gave approval for the amendment to the master plan proposed by Alexandria Real Estate Equities.