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Economic Development

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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New 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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Mystic Valley Development Commission Awarded DEP Grant

The Patrick Administration awarded an $18,505 grant to the Mystic Valley Development Commission to repair damage done from past oil spills to the Lower Mystic River Watershed that includes the Malden River and the Lower Mystic River in Medford. ...

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Residences @ Malden Station Fully Occupied

Corcoran Jennison, the developer of the Residences @ Malden Station, an 84-unit market rate apartment complex at 39 Florence Street, reports that this transit-oriented apartment complex is fully leased. The tenant mix includes young professionals...

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