Assembly Row owner Federal Realty Investment Trust is ready to build another 318 housing units at the Somerville mixed-use development, replacing a temporary parking lot currently used by customers of its retail tenants.
The 8-story building would occupy a 1.4-acre parcel known as Block 9 within the 45-acre development on the Mystic River once occupied by a Ford Motor Co. plant and later a strip mall.
The Rockville, Maryland-based retail REIT submitted plans this week for an 383,247 square-foot building at 375 Harold Cohen Way.
Source: Block-Sized Housing Development Proposed at Assembly Row – Banker & Tradesman