In a joint venture with AMB Property Management, Campanelli’s greatest concern with the redevelopment of this Former Boston Edison Facility was major environmental challenges.
A significant clean-up was required of this brown field as the location had contaminants dating back to rubber production during World War II and PCB’s from the Boston Edison Facility itself. Contaminated soil, building debris and 13 underground naphthalene tanks from the 1920’s were removed from the site.
The site was to be converted into three of the most high-tech buildings
in the history of Campanelli, once the exhaustive clean-up effort
was completed.
The result of this successful joint venture is the thriving Watertown Business
Park. Tenants in the buildings currently include:
- Alexandria ’s 142,500 SF Office & Research Laboratory Facility
- AT&T’s 201,400 SF Web Hosting Facility
- NSTAR’s 96,154 SF Industrial Facility
With the success of the Watertown Business Park joint-venture comes a tremendous opportunity for businesses to grow in a cutting-edge facility at a fraction of the price of Cambridge.
In
some cases, our clients do not have the time or budget required to
design & build an office or industrial building from concept
to construction.