Planning Board Approves Master Plan for Watertown Mall Transformation

The master plan for Alexandria Real Estate’s Watertown Mall Transformation was approved by the Planning Board. (Courtesy of Alexandria Real Estate)

The basic plan for remaking a large portion of Arsenal Street, including the Watertown Mall, has been approved by the Planning Board. Before the multiple lab buildings, residential units, retail, and garages can be built, however, developers will have to come back for approval of each building. Almost all of the project falls within Watertown’s Regional Mixed Use District (RMUD), which allows for additional height and density that most of the town but requires a master plan to be approved. On Nov.

LETTER: Group Urges Watertown Mall Redevelopment to be Net Zero Energy

An Open Letter to Alexandria Real Estate Equities, Inc.:

With over 170 people attending your first public meeting on Alexandria’s plan for redevelopment of the Watertown Mall, we know that you are aware of how important this project is to the community of Watertown. We also know that Alexandria has committed to being  “a mission-driven company dedicated to making a positive and lasting impact on the world…”  Your website states that “environmental, social, and governance (ESG) is core to our DNA.”  We have high hopes for this project. Watertown Faces Climate Change, a local climate action group (see affiliations below)  calls on you to do the work to make these buildings Net Zero Energy/Platinum LEED. We know that Alexandria has the capacity to build to these standards because you have done so at 325 Binney St. in Cambridge.