Watertown, Mass. — Boylston Properties and The Wilder Companies have announced plans for the redevelopment of The Arsenal Project, an enclosed regional mall located roughly eight miles outside Boston in Watertown.
To be renamed Arsenal Yards, the mixed-use project will feature 350,000 square feet of retail and entertainment space, just over 500 residences and 100,000 square feet of office space. The total development will reach over 1 million square feet, including One Arsenal to the east and Harvard Vanguard medical offices to the west.
The retail portion of the development will include locally curated shopping and dining, open spaces, a specialty grocer and a cinema and entertainment lounge. The residential portion of the project will offer 428 market-rate units and 75 affordable units.
PCA of Cambridge is the architect for the project. Demolition of the one-story portion of the historic building will begin in the spring, with the first stores opening in fall 2018.