Gables Arsenal Street in Watertown, Massachusetts, has officially opened its doors, introducing a new dimension of upscale living to the area. This development marks the completion of its first phase, promising a sophisticated residential experience alongside future retail opportunities.
Exterior view of Gables Arsenal Street apartments in Watertown MA, showcasing modern architecture and landscaping
Located at 204 Arsenal Street, Gables Arsenal Street is quickly becoming a sought-after address in Watertown. The initial phase launched on October 15th and has already welcomed residents into its luxury apartments. Makrina Ormond, the Community Manager for Gables Arsenal Street, confirmed the strong initial interest and occupancy.
Upon full completion, Gables Arsenal Street will feature 296 apartment homes. Phase 1 comprises 84 units, offering a diverse selection of one-bedroom and two-bedroom apartments, along with a townhouse option. Recognizing the needs of modern residents, the complex is pet-friendly, accommodating cats and certain dog breeds. Residents can also enjoy a comprehensive suite of amenities designed for relaxation and recreation. These include a refreshing pool, an outdoor patio complete with barbecue grills and a cozy fire pit, a state-of-the-art movie theater-style media room, a well-equipped fitness center, and a dedicated yoga and spin studio.
The apartments at Gables Arsenal Street are characterized by their elegant and high-quality finishes. Tall ceilings enhance the sense of space, while granite countertops, wood-style flooring, and other premium materials contribute to a luxurious ambiance. According to Ormond, the design philosophy focuses on delivering “elegant, quality finishes,” comparable to those chosen for high-end home renovations. While maintaining a consistent standard of luxury, each apartment features subtly unique finishes, adding to the bespoke feel of the community.
Reflecting the premium quality and desirable location, leasing prices at Gables Arsenal Street are positioned within the luxury segment. One-bedroom apartments range from $2,381 per month for a 725 sq. ft. layout up to $3,330 for a more spacious 961 sq. ft. option. Two-bedroom apartments start at $3,306 for 1,111 sq. ft. and extend to $4,469 for the largest 1,470 sq. ft. floor plans. For those seeking even more space, three-bedroom apartments are available at $4,625 for 1,538 sq. ft. Understanding the flexibility required by some renters, Gables Arsenal Street also offers lease terms shorter than a year, catering to individuals seeking seasonal or short-term accommodations in the Watertown area.
The development of Gables Arsenal Street is progressing rapidly. Phase 2 was anticipated to be finished within the current month of the original article’s publishing (December), with Phase 3 expected by the end of March. The final Phase 4 is projected to open by the end of April, completing the residential portion of the project.
Beyond residential offerings, Gables Arsenal Street is set to enhance the local retail landscape. The plans include 6,000 sq. ft. of commercial space, potentially accommodating up to four retail businesses. Furthermore, WS Development, a prominent real estate firm, is developing an additional building on the site. This building is slated to include space for a potential market, adding a convenient amenity for residents and the wider community. In total, the Gables Arsenal Street site will offer 34,000 sq. ft. of leasable commercial space, as detailed on the WS Development website. WS Development’s portfolio in Massachusetts also includes well-known destinations such as The Street in Chestnut Hill, Legacy Place in Dedham, MarketStreet in Lynnfield, and Derby Street Shoppes in Hingham, indicating a strong track record in creating successful mixed-use developments.
The Gables Arsenal Street project received approval from the Zoning Board of Appeals in July 2014. While the project’s scale initially raised some concerns among local residents, the prospect of new retail options along this section of Arsenal Street was widely welcomed. Gables Arsenal Street shares a driveway with the neighboring Elan Union Market, another significant apartment complex with commercial components developed by Greystar, further solidifying Arsenal Street as a growing hub for residential and retail activity in Watertown.
Currently, details regarding the specific retailers who will occupy the commercial spaces at Gables Arsenal Street remain undisclosed, leaving anticipation for future announcements that will further shape this exciting new Watertown destination.
