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 rear of the building should come on line a month or so later. Photos show the so-called "great room" which has been restored and which will be a community room for tenants. Also shown is an interior shot of one of the units, many of which have oversized windows. The site will be home to 69 studio, one and two bedroom market rate housing units with street level retail on Pleasant Street. The façade of the building and some of the historical elements inside the building have been preserved. The project is named Residences @ Malden Station 138.
The developer gifted the Malden Masonic Lodge Square and Compasses symbol that formerly hung on the façade of the iconic building to the Malden Historical Society.