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Economic Development

Portion of Restored Masonic Building Set to Open March, 2018

The restoration of the former Masonic Building on upper Pleasant Street is moving forward.  According to the developer, units in the restored Masonic Building will be available to rent as of March 1, 2018. The units in the new addition to 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

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,...

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

Construction is complete and tenants have moved into a new five story apartment building known as The Point at 180 located at 180 Eastern Avenue which is within walking distance to the Malden Center MBTA Station. The building has 86 one and two...

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

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. The...

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Small 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...

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New 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...

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Construction Progressing on New Assisted Living Development

Malden’s newest assisted living development is tentatively slated to open March 1, 2018 according to the owners, Volunteers of America, a non-profit....

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New Apartments, Restaurant and Retail Space 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...

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MAPC 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...

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