Developer Discusses Plans For Watertown's Lincoln BuildingPosted: Updated:
With the Downtown Revitalization Initiative well in the works, a Watertown developer is in the running to get a piece of the $10 million in state funding to go toward the Lincoln Building on Public Square.
The ground floor of the Lincoln building has already been renovated and now houses businesses, but some floors upstairs show room for improvement.
Two floors in the building are vacant and now under construction. Watertown developer Brian Murray has a plan for those spaces and says it will cater to those looking to grow a business or their artistry.
They're called "coworking innovation centers."
"It's very difficult for a startup to make that transition from their home, garage or basement into an actual physical space and this would allow them to do that," said Murray.
Murray says the office spaces would be up for lease for as little as $100 per month. The offices would be equipped with a wi-fi network and computer technology.
For working professionals of any age, Murray says this project is essential.
"People want to have access to downtown. They want to have a physical address. They'd like to have an actual place outside of their home to run and operate and grow their business and this will do that for them," he said.
The next step is for the 20 remaining project proposals to go to Albany for the state's approval. If Murray's project passes, he hopes to complete it by 2019.