Economic Development
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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Read MoreFixing Another Flawed Government Center
Fixing Another Flawed Government Center Malden Square Attracts Investors
Steve Adams | Banker & Tradesman Staff | May 15, 2016
The first thing that stood out to Sandi Silk was the transit numbers.
Nearly 13,...
Read MoreConstruction 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...
Read MoreMystic 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....
Read MoreSmall Squares Improvement Projects
In addition to Malden Square, the City of Malden boasts several "small squares" which are gateways to various neighborhoods across the community. In recent years the Malden Redevelopment Authority worked with city officials to bring improvements...
Read MoreNew Police Headquarters Open for Business
The new Malden Police Headquarters is open for business. The 24,000 square foot facility is located at 800 Eastern Avenue. This is the first phase of a plan by the City to revitalize Malden Square by demolishing the existing City Hall and...
Read MoreConstruction Underway on New Assisted Living Project
The non-profit, Volunteers of America, started construction on 80 unit assisted living and memory care facility being built on the site of a former city-owned nursing home at 341 Forest Street. The estimated private investment in the project is...
Read MoreNew Apartments, Restaurant and Retail Space Under Construction at River's Edge
Members of the Mystic Valley Development Commission (MVDC) recently toured the new residential development at 150 River's Edge Drive being developed by Preotle, Lane & Associates Ltd. (PLA) and Criterion Development Partners. The building...
Read MoreMAPC Study Shows Downtown Parking Needs to be Better Organized
The Metropolitan Area Planning Council (MAPC) released its final report of findings on a Malden Center Parking Study that highlights the needs and challenges facing local businesses, consumers and visitors to the downtown Malden area. The MAPC is...
Read MoreNew Residential Building at 100-150 Exchange Street Boasts 90% Occupancy
Local developer, Combined Properties, Inc., has transformed the corner of Route 60, Jackson and Exchange Streets into a new residential building with 1,610 ground floor retail space. Exchange Street Apartments at 100-150 Exchange Street has 210...
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