A 1.2 million-square-foot makeover will replace the bulk of the Watertown Mall property with life science buildings and multifamily housing after a major biotech developer dropped plans for an office building.
A 500,000-square-foot life science tower under construction in the Fenway has serious interest from tenants for 84 percent of the building just three months after its acquisition by Alexandria Real Estate Equities.
Life science developer Alexandria Real Estate Equities has completed its acquisition of the Watertown Mall property for its latest development opportunity along the Arsenal Street corridor.
