Watertown Community Meeting: Arsenal Yards Master Plan Amendment
Monday November 4, 2024
The order of items in transcripts appear in the chronological order in which they were taken up. Some Agenda items may have been skipped.
SHOW NON-ESSENTIAL DIALOGUE
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the47.45 meeting47.52 is47.84 going47.92 to48.16 run-in48.24 just48.65 a48.8 little48.88 bit49.05 is49.28 like49.45 we've49.6 run49.84 other50.09 meetings50.33 where50.73 the51.87 team52.03 here52.19 is52.35 going52.51 to52.67 walk52.83 through53.07 a53.31 presentation53.47 and54.67 share55.15 with55.39 you55.55 some55.71 information.55.95 We56.51 will56.75 be56.91 taking57.07 questions57.63 and58.11 comments58.35 at58.91 the59.15 end59.23 of59.39 the59.55 meeting,59.63 At60.43 the60.51 end60.59 of60.75 that60.83 presentation,61.07 excuse61.63 me,61.95 for62.03 the62.27 balance62.35 of62.67 the62.75 meeting62.91 till63.15 about63.39 7:3063.63 or64.11 so.64.35 65.35 You65.35 can65.52 share65.75 your66.23 question67.11 or67.52 comment67.67 in67.92 a68.08 couple68.16 ways.69.03 You69.19 can69.27 use69.44 the69.67 raise69.83 hand70.16 feature.70.47 And70.88 to71.11 do71.19 that,71.35 you71.59 might71.75 have71.99 to72.16 click72.23 the72.47 react72.63 button73.03 down73.35 below.73.52 Looks73.99 like74.23 a74.39 little74.47 heart,74.8 and75.67 then75.83 hit76.47 the76.72 raise76.88 hand77.11 button.77.27 It77.59 all77.67 depends77.83 on78.16 what78.23 version78.39 of78.72 Zoom78.88 you79.03 have.79.19 You80.04 can80.2 also80.28 press81.16 into81.48 the81.72 q81.88 and82.12 a82.2 and82.44 type82.6 your82.76 question83 in.83.24 And83.8 just83.96 know84.2 if84.36 you84.6 raise84.76 your85 hand85.16 now85.32 or85.56 type85.72 your85.96 question86.12 in,86.44 we86.68 do86.92 see87.08 it.87.24 We're87.4 just87.56 not87.72 gonna87.88 get88.2 to88.36 it88.44 until88.84 the89.16 end89.24 of89.4 the89.48 presentation89.64 itself90.2 when90.84 we91.08 move91.16 into91.4 q91.64 and91.8 a.91.96 And93.2 I93.28 think93.44 that's93.77 about93.92 it.94.25 We94.89 have95.13 a95.44 good95.53 presentation95.92 from96.48 the96.64 team96.72 lined97.05 up97.28 for97.44 you.97.53 And,98 again,98.25 once98.48 we98.72 get98.97 to99.28 the99.53 q99.61 and99.77 a99.92 part,100 I'll100.33 kind100.41 of100.72 remind100.72 us101.05 all101.2 of101.61 those101.77 things102 again.102.25 So102.89 with103.13 that,103.28 I'd103.53 like103.69 to103.84 hand103.92 it104.08 over104.25 to,104.41 to104.72 Michela104.89 to105.28 kick105.44 off105.69 the105.84 presentation.106.08 108.44 MICHELA108.44 DESANTIS108.44 -108.44 BOLYSTON108.44 PROPERTIES108.44 -108.44 Thanks,108.44 Alan.108.84 I109.24 think109.4 Andrew109.72 Copellotti,110.12 also110.84 from111.24 Boylston111.48 Properties,111.88 Andrew's112.2 gonna112.6 sort112.92 of113.08 give113.24 an113.4 opening113.56 remark,113.96 and114.2 then114.36 I'll114.92 kick115.16 off115.4 with115.56 the115.64 formal115.8 presentation.116.12 117.4 ANDREW117.4 COPELLOTI117.4 -117.4 BOLYSTON117.4 PROPERTIES117.4 -117.4 Great,117.4 Michela.117.64 Thank118.36 you.118.52 Good119.9 evening,120.14 everyone.120.45 Thank120.78 you120.94 for121.09 joining121.25 us121.5 to121.66 hear121.81 about122.06 our122.3 proposed122.53 modification123.02 to124.3 the124.38 Arsenal124.94 Yards125.42 Master125.73 Plan.126.06 My126.78 name126.94 is127.02 Andrew127.33 Copelloti,127.73 and128.29 I'm128.38 a128.53 principal128.69 at129.01 Boylston129.25 Properties.129.74 Many131.09 of131.34 you131.5 have131.74 been131.9 attending132.06 these132.46 meetings132.69 since133.01 the133.25 project133.42 was133.74 first133.9 conceived134.3 back134.62 in134.7 2016.135.02 We136.46 actually136.7 hosted137.1 our137.42 first137.58 community137.9 meeting138.22 eight138.62 years138.78 ago139.02 last139.34 month.139.5 Since140.54 that140.86 first141.1 meeting,141.34 we've141.58 had141.82 over141.98 two142.22 dozen142.46 community142.7 meetings143.1 to143.5 discuss143.66 both144.06 the144.3 master144.38 plan144.78 as145.74 well145.9 as146.06 for146.3 individual146.7 building147.42 site147.82 plan148.06 approval.148.3 All150.37 of150.53 us150.6 at150.84 Boylston150.93 Properties151.49 consider151.89 AY152.37 a152.76 success,152.84 and153.41 we153.49 hope153.65 that153.81 all153.97 of154.04 you154.13 on154.28 the154.37 call154.44 view154.69 it154.93 favorably155 as155.56 well.155.72 It156.44 is156.6 not156.69 without156.93 its157.17 challenges157.41 but157.89 the158.13 overall158.28 project158.69 is159.09 quite159.25 strong.159.56 Arsenal160.84 Yards161.32 now161.65 contributes162.34 more162.66 than162.9 $10.3163.14 million164.58 to164.58 the164.74 city164.82 of165.14 Watertown165.22 per165.94 year166.18 in166.5 property166.66 taxes.167.14 The168.34 retail168.58 is168.9 98%169.14 leased,170.26 the170.42 apartments170.42 are170.98 95%171.14 occupied,173.38 the173.54 hotel173.54 sells174.1 out174.34 multiple174.66 nights175.38 per175.78 week,175.94 and176.1 the176.26 existing177.14 life177.71 science177.94 is178.34 approximately178.5 88%179.06 occupied.179.78 181.86 Why181.86 are182.1 we182.26 here?182.42 In183.38 2022,183.71 Boylston184.5 acquired184.99 the185.31 Home185.47 Depot185.63 parcel.186.03 Tonight,187.31 we're187.71 gonna187.86 propose188.1 to188.42 amend188.66 the188.91 master189.06 plan189.38 to189.78 include189.94 Home190.42 Depot190.75 as191.55 part191.71 of191.79 the192.03 overall192.35 Arsenal192.83 Yards193.23 master193.63 plan.193.95 We've194.91 been195.15 in195.23 discussions195.39 with195.95 Home196.11 Depot196.35 to196.83 sell196.99 them197.23 back197.39 their197.55 real197.71 estate197.87 once198.19 we198.43 have198.51 approval199.63 to200.03 amend200.19 the200.59 master200.67 plan.201.07 This201.95 will202.11 allow202.43 Home202.67 Depot202.83 to203.23 own203.31 the203.55 real203.63 estate203.87 and204.11 control204.27 its204.75 future204.99 in205.31 Watertown.205.47 Nationally,206.87 Home207.5 Depot207.75 owns207.99 about208.22 90%208.47 of208.94 its209.1 real209.26 estate,209.5 which209.82 is209.99 the210.22 organization's210.54 desire.211.34 Once212.47 we212.71 amend212.87 the213.1 master213.26 plan213.59 and213.99 sell214.15 Home214.38 Depot214.54 the214.94 remaining215.03 real215.5 estate,215.75 this216.22 will216.47 be216.63 the216.78 first216.94 and217.91 only218.06 building218.47 proposed218.87 by219.26 Boylston219.5 Properties219.99 to220.63 be220.78 added220.87 to221.19 this221.26 10221.43 acre221.66 parcel.221.99 Why223.69 a224.09 lab224.09 and224.65 why224.89 now?225.21 We226.33 are226.57 proposing226.73 to227.13 amend227.29 the227.53 master227.61 plan228.01 to228.33 include228.49 a228.73 life228.89 science229.13 building229.53 sometime230.57 in231.05 the231.29 future.231.37 I232.01 wanna232.17 sort232.97 of233.21 repeat233.29 that's233.69 sometime234.17 in234.57 the234.81 future.234.97 We235.75 are235.91 not236.06 proposing236.31 to236.78 build236.86 another237.1 building237.42 tomorrow.237.82 238.86 We238.86 remain239.19 very239.5 bullish239.75 on240.14 Arsenal240.38 Yards241.03 and241.03 the241.19 east241.34 end241.58 of241.75 Watertown241.82 is242.31 a242.47 life242.63 science242.86 destination.243.26 In244.86 our245.03 opinion,245.26 after245.75 Kendall246.06 Square246.38 in246.7 the246.78 Seaport,246.94 the247.34 east247.58 end247.82 of247.98 Watertown248.14 is248.63 the248.86 best249.03 life249.26 science249.5 cluster249.82 in250.22 Massachusetts.250.38 Lab252.12 tenants252.44 are252.84 incredibly254.12 sensitive254.68 to255.24 geographic255.56 location,256.2 amenities,257.4 accessibility,258.36 and259.56 cotenancy.259.8 All261.4 of261.56 these261.72 factors261.96 exist262.44 at262.68 Arsenal262.84 Yards263.32 and263.64 have263.8 made264.04 it264.2 a264.36 desirable264.52 life265.08 science265.32 location.265.72 Not267.68 all267.92 lab268.15 sites268.39 are268.63 equal,269.51 some269.75 are269.75 much269.92 better270.15 than270.39 others.270.63 Not271.51 all271.75 lab272 sites272.15 are272.48 housing272.63 sites,272.95 and273.44 not273.68 all273.92 housing274.15 sites274.56 are274.88 lab275.04 sites.275.27 Arsenal276.31 Yards276.88 is277.19 a277.27 terrific277.44 amenity277.75 for278.31 employers278.56 and278.95 employees,279.19 and279.68 has279.83 been280 a280.24 significant280.31 development280.95 driver281.44 in282.24 the282.4 east282.56 end282.72 of282.96 Watertown.283.12 We284.4 have284.64 nine284.88 lab285.2 tenants285.44 at285.76 AY,286.32 some286.48 of287.28 whom287.52 are287.84 doing288.08 quite288.4 well.288.56 We289.6 view289.84 this290 future290.24 building290.56 as291.04 a291.2 potential291.36 headquarter291.84 expansion292.4 for292.88 one293.04 or293.2 two293.28 of293.52 these293.6 tenants,293.84 allowing294.72 them295.12 to295.28 expand295.52 and295.84 remain296.08 at296.4 Arsenal297.04 Yards.298.13 I'd298.13 now298.37 like298.53 to298.65 turn298.76 it298.93 over299.09 to299.32 Michela299.4 DeSantis299.81 who300.37 will300.44 introduce300.61 the301.09 team301.25 and301.65 walk301.88 you302.05 through302.21 the302.44 proposed302.61 amendment.302.93 Thank303.73 you.303.88 305.17 DESANTIS305.17 -305.17 Awesome.305.17 Thanks,305.81 Andrew.306.21 So308.29 let's308.93 click309.17 on309.49 this309.65 next309.96 slide.310.29 I310.85 think311 our311.25 team,311.4 everyone's311.65 got312.05 their312.21 cameras312.37 on.312.76 But313.62 I'm313.78 Michela313.94 DeSantis,314.42 Boylston315.06 Properties.315.54 We316.9 have317.06 Rob317.22 Zirkel317.46 and317.86 Mark317.94 Allen318.26 from318.74 HGA,319.22 the320.02 project320.18 architects.320.58 We321.14 have321.3 Steve321.46 Martorano,321.78 civil322.42 engineer322.74 from323.3 Bohler,323.62 Spencer324.66 Beebe,325.06 our325.46 landscape325.54 architect326.18 from326.58 MDLA,326.82 Scott327.96 Thornton,328.29 our328.93 transportation329.17 engineer329.81 from330.21 Vanasse330.61 &331.09 Associates,331.09 and332.21 then332.37 we332.53 have332.61 our332.76 legal332.93 counsel,333.17 Bill333.81 York334.05 and334.29 Johanna334.44 Schneider334.93 on335.4 as335.73 well.335.88 So338.61 just338.93 the339.25 way339.4 this339.56 is339.73 sort339.81 of340.05 sequenced,340.21 the340.61 agenda341.25 aligns341.56 with342.13 the342.69 city's344.23 design344.79 guidelines,345.19 and345.67 that's345.83 sort345.99 of346.15 the346.23 order346.39 in346.55 which346.63 we're346.87 gonna347.03 go347.27 through347.35 all347.59 the347.75 content347.83 tonight.348.31 So351.03 oh,353.19 what's353.51 going353.83 on353.99 with354.23 my354.31 computer?354.47 Apologies.355.03 There357.99 we358.22 go.358.38 358.7 Alright.358.7 So360.06 and360.7 I'm360.87 sort361.35 of361.58 looking361.66 at361.9 it.362.06 I've362.14 got362.22 two362.38 monitors362.63 here.362.94 I've363.1 got363.19 the363.35 camera363.5 here,363.75 but363.99 I'm364.14 looking364.22 at364.46 the364.54 screen364.7 to364.94 my365.1 left.365.26 So365.58 just366.31 to366.54 orient366.7 everyone,367.26 the368.31 existing368.54 area369.26 in369.75 orange369.99 here,370.31 the370.63 darker370.79 orange,371.1 if371.43 you371.58 can371.66 see371.9 my372.06 cursor,372.31 that's373 what's373.24 currently373.48 in374.04 the374.2 Arsenal374.36 Yards374.76 master375.24 plan375.64 today.376.04 What's377.16 in377.96 this378.28 Home378.52 Depot378.76 parcel,379.24 lighter380.76 orange381.16 parcel381.56 labeled381.88 Home382.28 Depot382.52 is383.32 a383.48 roughly383.64 10384.04 and384.28 a384.44 half384.6 acre385.32 property386.93 that387.17 we387.49 intend387.73 to388.13 add388.37 into388.61 the388.93 Arsenal389.17 Yards389.64 master390.44 plan391 area.391.49 That's391.88 the392.93 focus393.17 of393.49 this393.64 permitting393.96 phase394.61 right394.93 now.395.08 At395.4 some395.56 point,395.73 we395.96 would396.13 come396.29 back396.44 to396.69 the396.76 city396.93 in397.25 the397.4 future397.56 to398.44 do399.17 site399.4 plan399.64 approval399.88 for400.44 a400.69 building400.76 that401.08 we're401.32 gonna401.49 show401.81 you402.74 tonight.403.06 And403.86 to404.34 Andrew's404.58 point,404.9 highlighted405.22 in405.62 blue405.78 here406.02 are406.34 other406.5 either406.9 proposed407.3 or407.78 existing407.94 life408.9 science409.14 sort410.58 of410.82 clusters410.98 in411.54 the411.7 east411.86 end,412.1 and412.42 that's412.66 why412.9 the413.38 thought413.54 is413.78 to413.94 do414.02 life414.26 science414.5 here,414.82 and414.98 that's415.14 what415.3 we're415.46 very415.62 focused415.86 on.416.26 418.18 So418.18 I418.89 said419.13 our419.29 permitting419.54 goal419.85 is420.1 to420.18 add420.25 this420.41 parcel420.74 into421.21 the421.45 Arsenal421.69 Yards422.18 master422.89 plan.423.29 What423.69 it423.94 has424.1 on424.25 it424.41 today424.65 is425.06 a425.29 Home425.38 Depot,425.62 which426.41 I'm426.57 sure426.74 you're426.89 all427.13 familiar427.29 with,427.69 and427.94 a428.1 large428.18 surface428.5 parking428.89 lot429.21 that's429.45 not429.69 fully429.94 utilized.430.25 So431.16 adding431.32 a431.64 parcel431.8 into432.12 the432.28 AY432.44 master432.84 plan433.24 special433.64 permit434.04 would434.44 give434.6 us434.76 the434.92 ability435.16 to435.64 develop435.72 a436.52 new436.68 life436.92 science437.08 building,437.48 which437.88 we're438.04 calling438.2 300438.6 Forge,439.08 so439.32 you439.48 may439.56 hear439.8 us439.96 refer440.2 to441.16 it441.32 as441.56 that441.56 evening,446.26 1446.26 and446.5 a446.59 half446.67 acres447.06 of447.55 underutilized447.71 surface448.43 parking448.75 in449.23 the449.38 southwest449.55 corner450.35 of450.9 this451.38 piece451.55 of451.87 property.451.94 The453.23 site453.38 configuration453.55 and454.11 geometry454.26 lend454.75 itself454.9 well455.23 to455.46 a455.63 life455.71 science455.94 building.456.19 And456.67 in456.9 addition457.06 to457.46 the457.63 new457.71 building,457.94 the458.58 site458.74 will459.06 also459.22 reduce459.54 impervious460.02 coverage460.66 and461.06 add461.22 over461.38 5,000461.7 square462.82 feet463.14 of463.54 new463.78 public464.1 open464.58 space.464.9 And467.54 this468.1 is468.34 a468.9 very469.22 detailed469.54 slide469.94 with470.26 a470.42 lot470.5 of470.66 text470.74 and471.06 a471.22 lot471.3 of471.46 small471.62 text472.98 but473.14 the473.14 point473.3 is473.62 that,473.86 and474.39 Andrew474.56 alluded474.8 to475.04 this475.19 in475.51 his475.6 intro,475.83 we've476.07 been476.24 at476.39 this476.56 a476.71 long476.8 while.477.68 And477.92 each477.92 of478.07 the478.24 items478.39 on478.8 this478.96 timeline479.12 represents479.68 a480.07 permit480.24 approval480.63 or481.44 amendment.481.68 482.48 In482.48 2017,482.8 when483.51 the483.6 AY483.83 master484.15 plan484.48 special484.8 permit485.04 was485.44 initially485.6 approved,486 the486.48 Home486.63 Depot486.88 parcel487.51 was488 not488.31 part488.63 of488.96 the489.04 site.489.27 From490.16 2017490.48 through491.28 2021,491.76 we492.8 went493.04 ahead493.2 and493.52 got493.68 site493.84 plan494.08 approval494.32 for494.8 what494.96 you495.12 now495.28 see495.6 today495.84 as496.16 Arsenal496.32 Yards,496.72 including497.52 all497.92 the498.08 different498.16 uses498.48 and498.8 buildings.498.96 And499.84 because500 we500.32 purchased500.48 the500.8 Home500.88 Depot501.12 parcel501.44 in501.76 2022,502 we502.88 now503.04 have503.36 the503.6 opportunity503.84 to504.7 make504.87 it505.02 part505.1 of505.43 the505.5 AY505.66 master506.06 plan.506.38 And506.94 that507.19 gives507.35 us507.58 the507.82 future507.99 ability508.31 to508.78 incorporate508.94 another509.5 life509.82 science510.06 building510.38 and510.87 complete511.1 the511.58 buildout511.75 of512.3 the512.78 Arsenal512.95 Yards513.42 mixed513.83 use514.07 development.514.3 So518.24 this518.4 photo,518.72 you519.2 know,519.36 a520.24 lot520.4 of520.56 existing520.72 conditions521.2 photos.521.6 Arsenal522.88 Yards,523.36 in523.6 our523.76 opinion,523.92 genuinely524.24 meets524.72 the525.04 mixed525.12 use525.44 and525.68 public525.84 realm526.08 goals526.48 of527.04 the527.36 regional527.84 mixed528.4 use528.64 district,528.88 the529.28 RMUD529.44 zoning530 district.530.4 These531.08 are531.24 photos531.39 around531.88 different532.27 pockets532.6 of533.08 AY533.39 highlighting533.8 retail,534.36 life534.92 science,535.15 and536.2 the536.36 outdoor536.51 public537 realm.537.32 So538.43 what538.6 you538.75 see539.08 on539.39 the539.55 screen539.72 has540.12 been540.27 shaped540.51 by540.84 the541 community,541.08 perhaps541.96 by542.43 folks542.68 on543.08 the543.24 Zoom543.39 tonight543.63 who544.62 are544.78 part544.86 of545.02 early545.26 meetings545.5 that545.9 help546.06 drive546.22 what's546.7 a547.02 very547.18 successful547.5 mixed548.14 use548.54 project.548.86 552.94 This552.94 shows553.26 the553.58 current553.74 Arsenal554.06 Yards554.54 master554.94 plan555.34 that's555.66 highlighted555.9 with556.77 this557.01 dashed557.34 red557.98 line558.22 at558.54 a558.7 high558.86 level559.01 and559.58 all559.82 the559.89 different560.05 uses.560.38 So560.77 about561.01 275,000561.34 square562.62 feet562.86 of563.1 retail,563.25 450,000564.22 square565.58 feet565.89 of566.05 life566.38 science,566.62 over569.01 300569.25 apartments,569.65 146570.86 hotel571.41 rooms,571.89 and573.33 nearly574.69 2800575.49 parking575.81 spaces.576.29 This577.49 is577.65 the577.89 same578.13 area578.61 but579.49 incorporating579.89 that580.85 almost581.09 10581.41 and581.73 a581.81 half581.89 acre583.17 Home583.49 Depot583.73 parcel.584.05 And584.93 this585.09 also585.33 shows585.65 in586.05 orange586.21 here586.61 the587.71 proposed587.95 location588.43 for589.07 a589.39 future589.55 life590.03 science590.27 building.590.67 So592.19 I'll592.51 turn592.75 it593 over593.07 now593.39 to593.63 Spencer593.95 to595.32 talk595.48 about595.63 our595.88 landscaping596.03 approach596.67 in597 the597.07 public597.24 realm.597.55 Spencer,598.27 just598.75 let599.48 me599.63 know599.79 when600.12 to600.36 advance600.51 slides.601 601.76 SPENCER601.76 BEEBE601.76 -601.76 MDLA601.76 -601.76 Awesome.601.76 Thank602.08 you,602.16 Michela.602.4 Again,603.2 my603.52 name603.68 is603.84 Spencer603.92 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