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See the complete transformation from environmental nightmare to modern office campus Project Spotlight See the complete transformation from environmental nightmare to modern office campus Project Spotlight

195 Canal Street, Malden:

When Combined Properties purchased 195 Canal Street in Malden, the site adjacent to the Malden River was in poor shape, both aesthetically and environmentally. Previously a chemical plant, the old factory site had been contaminated from prior uses and required extensive environmental clean-up.

Combined Properties executed a complete transformation of the once-vacant 4.5 acre Brownfield industrial site into an attractive modern office campus that today houses Cambridge Health Alliance’s (CHA) Malden Family Medicine Center. The medical center is a state-of-the-art primary care facility. Affiliated with Tufts University School of Medicine, more than 30 doctors work onsite and see patients of all ages. The new center was designed as a model practice to use the latest technology to benefit patients.

Combined Properties’s investment in 195 Canal Street is reflected in the city’s assessment of the property’s value, rising from about $2 million prior to redevelopment to almost $10 million today.

To learn more about 195 Canal Street today, please visit Cambridge Health Alliance.

View slide show for before and after pics of 195 Canal St.:

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