Sandi Silk, Senior Vice President of Jefferson Apartment Group, who is redeveloping the former city hall and police station site in Malden Center into a mixed-use development with 320 apartments, 22,000 SF of retail and a 44,000 SF office condo for a new City Hall, credits a “collaborative partnership with a very engaged city leadership” for this $130 milion private investment in a “super authentic” downtown opposite Malden Center Station.
Speaking at Bisnow’s “Boston Transit-Oriented Development Boom”, Ms. Silk said the collaborative approach to development in Malden Center “is changing the landscape and correcting a planning wrong from the 1970s”. The “wrong” to which Ms. Silk referred was the construction of the former Malden Government Center which made Pleasant Street a dead-end and put a chokehold on investment opportunities.
Ms. Silk, whose fellow panelists at the event included two other developers and an urban planner, said it is important that the development community help educate the public at large about the importance of creating new housing because it provides choice for residents. She described Malden as a post college like town which is very international in scope. "In Malden you can’t get any closer to the train and you can get all the same amenities you get in downtown Boston for a fraction of the price."
Deborah Burke, Executive Director of the Malden Redevelopment Authority, was on hand for Ms. Silk’s panel discussion entitled “Building Creatively for Boston’s Future.”