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O’Connor Partnership Launches Sustainable Watertown Residential
O’Connor Group of New York has launched Elysian Watertown Square Residential Property Owner, LLC, a joint venture of O’Connor Group, FrontRange Capital Partners and Takenaka Corporation. The 142-unit development at 53 Pleasant St. in Watertown, MA, will include a mix of residential and retail space along vibrant Main Street.
Upon completion, the development will deliver 190,000 square feet of rental units, 15% of which will be allocated as affordable. The project will also include the renovation of a historic row house built in 1890, converting the property into five for-sale condominium townhouse units.
“With the help of our elected officials, town planning staff, and a first rate team of professionals we have designed a building in The Elysian at Watertown Square that we think will serve both new and existing Watertown residents for years to come – all in a fully sustainable program which sets the standard for new development in the area,” said John F. O’Connor of the O’Connor Group.
- ◦Development
