Watertown

Watertown, MA · Real Estate
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Somerville saw our housing shortage coming
From Joshua Michel, Ashish Shrestha and Chris Beland. Over the past 10 years, rents in Somerville have jumped by 50 percent. If you live here, you probably don’t need that statistic to tell you what’s happened: Somerville can hold a lot more people, but we haven’t built enough homes for them, and prices have risen fast.
hoodline.com
MBTA Opens Door to Redevelop Lynn's 948-Space Downtown Garage
The Massachusetts Bay Transportation Authority has issued a request for qualifications for the long-awaited redevelopment of its downtown Lynn garage, kicking off what officials describe as a two-stage process to find a partner for the 3.6-acre site. The five-story structure, which opened in 1992 and holds 948 parking spaces, has been partially closed since 2022 over safety concerns, with only about 350 spaces currently available for use.
hoodline.com
Revere Housing Authority Eyes Smart Growth Zone for Cooledge Street Overhaul
The Revere Housing Authority wants to add hundreds of new apartments to its Cooledge Street property, pairing a major expansion of public housing with roughly 900 market-rate units under a proposed zoning overlay. The plan would add 359 public housing units to the 439 that already exist on the site, while also opening the door to private market-rate development nearby.