Waltham Infill and Small Developments

Waltham Development Shifts from Lab to 300-Unit Residential Project​



“Updated plans have been filed for a development along Totten Pond Road in Waltham. Original plans for the site called for a 5-story lab development; however, with rising vacancies and a slowdown in leasing driven by tighter funding for life sciences companies, the development team is pitching a residential project. The 40B project would include 300 apartments with 375 parking spaces (164 garage spaces and 211 surface spaces).


To promote community and social interaction, the development will include a variety of indoor and outdoor amenity spaces……..”

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Waltham Development Shifts from Lab to 300-Unit Residential Project

Waltham Development Shifts from Lab to 300-Unit Residential Project
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“SAFE HARBOR AT LAST?

On Tuesday, a City of Waltham attorney claimed the city has reached 40B safe harbor.

“As I stand here, we meet the 1.5% minimum land area safe harbor,” Michelle Learned told the Waltham Zoning Board of Appeals (ZBA).

If state housing officials confirm her determination, it could block future 40B housing proposals and maybe even affect some now under consideration by Waltham zoning officials.

Currently less than 10% of Waltham’s housing stock qualifies as affordable with state housing officials.

As a result, the ZBA can do little to stop dense Chapter 40B proposals because they add affordable housing—typically 25% of the units for any given project.

But in recent years, neighbors have argued that these dense, tall and pricy luxury apartment projects fail to create truly affordable housing and have adverse effects on neighborhoods, schools and city infrastructure.

In the Totten Pond Road / Winter Street area, more than 1,250 units are either in process or have already been built in a largely non-residential area.

To block 40B, cities can either reach 10% Subsidized Housing Inventory (SHI) or have more than 1.5% of the city’s total land area occupied by SHI properties.

Waltham is nearing 10%, but Learned said Tuesday the city is at 1.67% land area, exceeding the threshold. A process will now follow to make the safe harbor claim to state housing officials.

And it could fail. The city has tried several times in recent years to claim safe harbor, only to have state housing officials reject the determination—and allow 40B projects to continue.”

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“MORE HOUSING PLANNED AT WATCH FACTORY

Berkeley Investments wants to build more housing at the historic Waltham Watch Factory.

140 apartments are planned, as well as “extensive improvements and investments to publicly-accessible landscaped open space situated along the riverfront.” The location is Crescent Street at Robbins Street.

An underused parking deck on the southern edge of the property would be demolished to make way for the new construction. A study determined that only 6-9% of parking spaces were being used during peak and off-peak hours……”

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This proposal is right across the street from where I live, most abutters are not happy, will probably not happen...
 
Unfortunately, I think the parking lot would stay either way unless there is mitigation. Pavement right up next to the river is one of the reasons why we have beach closings
 
The surface lot behind the watch factory would stay I think, but the light colored concrete in my image is a two-level parking deck that the post above says will be demolished for the new housing because it's only used at 6-9% capacity.
 
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