May 27, 2024

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Sasaki sells its longtime home in Watertown

Distinguished layout and architecture firm Sasaki, scheduling a go to downtown Boston, has marketed its longtime residence in Watertown to a developer that will change it into business area for life science businesses.



a brick building: Berkeley Investments has purchased the Chase Mills building in Watertown from design firm Sasaki.


© Image courtesy of Berkeley Investments
Berkeley Investments has purchased the Chase Mills developing in Watertown from design and style firm Sasaki.

Berkeley Investments will renovate the 97,000-square-foot building, aspect of an old mill sophisticated together the Charles River near Watertown Sq., including to a wave of existence science progress in Watertown.

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“Historic structures are dwelling to a selection of capabilities that are desirable to lifestyle sciences firms, and we see excellent synergy amongst the demands of the market place and the advantages this constructing provides,” stated Berkeley president Younger Park.

Phrases of the sale were not disclosed, but a deed submitted Thursday in Middlesex County confirmed a obtain price tag of $23 million.

Sasaki, a international structure business has developed a variety of important Boston-area jobs and is presently primary a redesign of Copley Square. It has been headquartered in the Watertown making due to the fact the 1970s. The 300-man or woman business, which also has offices in Denver and Shanghai, programs to move into Boston but would not yet say precisely where by a lease offer on its new dwelling is continue to getting finalized.

“Chase Mills and the city of Watertown have served us properly throughout our time there,” stated Sasaki CEO James Miner. “But as a organization with a escalating nationwide and global existence, we are thrilled for what the potential retains for us in Boston, both for our remarkable workers and the consumers we serve.”

Sasaki is planning that new house. The agency also will have a hand in redesigning its aged dwelling, becoming a member of architecture firm SGA on Berkeley’s design and style crew for the job. Berkeley strategies to continue to keep the same general dimension of the constructing, at 64 Pleasant St., but upgrade its airflow, electricity methods, and interior architecture.

Park reported he hopes to draw in more compact drug corporations that want to be in a walkable neighborhood these kinds of as Watertown Square. Just east of there, along Arsenal Road, a selection of lifestyle science developments are underway, hoping to entice drug firms that are spilling out of Kendall Square but even now want proximity to Cambridge and the workforces in nearby communities.

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