Search
 

Quarry Redevelopment Plan Waiting on Mass. Highway Decision

MALDEN, MA-The redevelopment of Rowe's Quarry here is awaiting the Massachusetts Highway Department's verdict on the proposed traffic changes necessary for the project to move ahead. The decision is expected any day.

By Naomi Grossman | Updated on January 09, 2002

MALDEN, MA-The plan to redevelop Rowe’s Quarry here, a massive pit covering nearly 100 acres, into a mixed-use development is at a standstill while the Massachusetts Highway Department decides whether it will approve building a new interchange into the Quarry as well as other traffic-related modifications.

“They are gearing up to submitting the environmental impact report,” Greg Watson, Malden’s city planner, tells GlobeSt.com. “All the other local permits are in hand but additional work is dependent on a new alignment on Route 1.”

The quarry is owned by Rowe’s Contracting Company, which is shutting it down after nearly a century. Rowe is developing the site–which is located here and across the border into Revere–with New Jersey-based Roseland Property Co. The project is being built in phases beginning with a residential complex of 700 units. No decision has been made on the second phase. According to Watson, the area had to be rezoned for the development. Watson says that the plan is to have more residential units as well as a mix of other uses–such as hotels, commercial and retail space–depending upon “what the market can bear.” About six to ten acres will be left as open space.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.