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Economic Development

Facts About the Building Known as Malden Government Center

In a couple of months, the building known as Malden Government Center at 200 Pleasant Street will fall victim to the wrecker’s ball. The building as well as the adjacent Police Station and privately owned church have been sold to a private...

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Exchange Two Hundred Will Market to Innovative Economy Tenants

Berkeley Investments (Berkeley) is working with the City of Malden and the Malden Redevelopment Authority on the repositioning of 200 Exchange Street, which has been rebranded as Exchange Two Hundred.  The building is in the heart of Malden...

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Developer Begins Work on Transit-Oriented Mixed-Use Project in Downtown Malden

Properties that were once home to Malden City Hall and the Malden Police Station are being transformed into a unique 100 percent market rate, mixed-use project on the sites of the existing Malden Government Center complex.  Jefferson Apartment...

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August Completion Eyed for a Restored Masonic Building

The restoration of the former Masonic Building on upper Pleasant Street is moving forward with plans by the redeveloper to have a portion of the project completed by August 2017. The second phase of the construction project—the construction of an...

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Mayor Names Open Space and Recreation Committee

Mayor Christenson announced a 13 member committee to assist the Metropolitan Area Planning Council (MAPC) in updating the City of Malden Open Space and Recreation Plan (OSRP) which was last updated in 2009 and covered the period of 2009-2016. The...

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New Owner for Former Boston Steel and Manufacturing Site

The building at 490 Eastern Avenue, which formerly housed Boston Steel and Manufacturing Company, has been demolished. The site was cleared and construction of a storage facility is underway.   


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Fixing Another Flawed Government Center|Banker & Tradesman

Fixing Another Flawed Government Center Malden Square Attracts Investors

By Steve Adams | Banker & Tradesman Staff | May 15, 2016

Boston-based Berkeley Investments plans to reposition 200 Exchange St. in Malden as a mixed...

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Construction Progressing at "The Point at 180" on Eastern Avenue

Construction is progressing on a new five story apartment building to be known as The Point at 180 located at 180 Eastern Avenue which is within walking distance to the Malden Center MBTA Station. The building will have 86 one and two bedroom...

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Mystic Valley Development Commission Approves Plans to Renovate/Expand Property at 359 Commercial Street

The Mystic Valley Development Commission (MVDC), the quasi-public entity created to oversee the development of River's Edge, gave site plan review approval--with conditions--for the renovation and expansion of property at 359 Commercial Street....

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Malden Receives Additional MassWorks Grant for Downtown Revitalization

Mayor Gary Christenson and State Representatives Paul Donato and Steve Ultrino were pleased to accept an $850,000 MassWorks grant during a recent State House Ceremony held with Lieutenant Governor Karyn Polito and Secretary of Housing and...

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