Local developer, Combined Properties, Inc., is transforming the corner of Route 60, Jackson and Exchange Streets into a new residential building with ground floor retail space. Exchange Street Apartments at 150 Exchange Street will have 201 market rate apartments and 1,610 square feet of ground floor retail. The long-time vacant site was once home to a fitness gym and prior to that a family-run supermarket.
Malden, as well as other communities along the Orange Line MBTA corridor, continues to draw interest from the residential development community. This transit-oriented development will also contain 225 on-site parking spaces for its tenants.