News Flash

City of Malden News

Posted on: October 22, 2019

Groundbreaking for New Office Building in Malden at former Ryan Family Amusements

Rendering of 11 Charles Street Project

Mayor Gary Christenson recently announced the groundbreaking for a new office building to be built in Malden. The four-story office building totaling nearly 80,000 square feet will be built on the site of the former Ryan Family Amusements at 11 Charles Street.

“I am very pleased that a financial services firm like Cantella & Co., Inc. has chosen to call Malden home, and even more thrilled that they have chosen to build an exceptional and unique building that will enhance the neighborhood and attract other businesses,” said Mayor Christenson.

Cantella & Co., Inc. is an independent broker/dealer and Registered Investment Advisor that services financial professionals nationwide. Cantella had been headquartered in Boston since 1952 before moving to Malden in 2018. Boasting an innovative team and custom-built technology, Cantella supports a variety of affiliation models to enable independent advisors to best serve their clients. They have been renting space at 350 Main Street while permitting and construction occurs.

“In the short time we have been here, we have found Malden to be very welcoming and a great fit for us. Our employees enjoy an abundance of after-work options, and we know this is the place we want to be for the long-term,” said Jennie Devlin, President of Cantella. “The city has been exceptionally helpful with the process of getting construction approvals, which has been vital to keeping our project on track. This saved us time and money by allowing us to design the project quickly,” said Jay Lanstein Chief Executive Officer of Cantella.

The finished building includes onsite parking, is adjacent to Route 60 and is a five-minute walk from Malden Center station with both Commuter Rail and Orange Line access. Cantella will occupy the top floor with their headquarters while the first floor will be available for restaurant and retail uses. The middle two floors will be office space available for leasing. The leasing will be managed by Avison Young in Boston.

The building's architect, Arrowstreet, designed it using heavy timber, making it the first timber office building in the Northeast United States. In addition to its lower carbon footprint, heavy timber construction features wide column spacing, exposed wood structural elements and generous ceiling heights throughout the building. Completion of the building is expected in the fourth quarter of 2020.

Facebook Twitter Email

Other News in City of Malden News

Paws & Purrfection Ribbon Cutting

Grand Opening of Paws & Purrfection

Posted on: September 22, 2020
Beca Shoes Ribbon Cutting

Grand Opening of Beca Shoes

Posted on: September 21, 2020

Update on COVID-19

Posted on: September 10, 2020

Labor Day 2020-City Services open/closed

Posted on: September 3, 2020

Update on Confirmed Malden Cases

Posted on: September 3, 2020

Malden Community Food Security Survey

Posted on: August 27, 2020

Advisory Group for Obama’s Pledge

Posted on: August 26, 2020
Outdoor Restaurant Photo

Outdoor Dining Thrives in Malden

Posted on: August 21, 2020
Malden Census image

Malden Census Completion Rates are Up!

Posted on: August 19, 2020
Mayor Christenson presents Barbara Tolstrup with a Citation

Celebrating 90 Years Young!

Posted on: August 5, 2020

COVID-19 MATV Live Call-in Show

Posted on: July 29, 2020
Breton Tax Ribbon Cutting

Grand Opening of Breton Tax Services

Posted on: July 28, 2020
Ribbon Cutting of Faces on Pleasant

Grand Opening of Faces on Pleasant

Posted on: July 16, 2020

UniteMalden 2020

Posted on: June 18, 2020
Happy 100th Birthday Neska

Ward 5 Celebrates two Centurions!

Posted on: June 18, 2020

2020 Street Sweeping Update

Posted on: April 30, 2020

Update on Confirmed Malden Cases

Posted on: April 16, 2020

Update on Confirmed Malden Cases

Posted on: April 2, 2020

April 1st is Census Day!

Posted on: April 1, 2020

Update on Confirmed Malden Cases

Posted on: March 26, 2020

MATV Live COVID-19 Update

Posted on: March 25, 2020

Closing of City Parks

Posted on: March 24, 2020

Update on Confirmed Malden Cases

Posted on: March 23, 2020

Malden Responds to the Coronavirus

Posted on: March 19, 2020

Attention All Youth!

Posted on: February 5, 2020
Debbie Burke, MRA Director,  Mayor Christenson, Habitat for Humanity, and NE Met. Reg. Vocational Sc

Habitat Homes Building in Full Swing

Posted on: February 26, 2020
Complete Streets Grant Photo

Malden Receives Complete Streets Funding

Posted on: January 29, 2020
Kristin Gennetti Group Ribbon Cutting

Grand Opening of Kristin Gennetti Group

Posted on: January 9, 2020

Christmas 2019 - City Services Open/Closed

Posted on: December 18, 2019
The Pooch Room Ribbon Cutting

Grand Opening of The Pooch Room

Posted on: December 4, 2019
Frank Stella Mural

Frank Stella Mural Ribbon Cutting

Posted on: December 3, 2019

About Malden’s Disability Commission

Posted on: November 18, 2019

Firefighter Exam Period Open

Posted on: November 14, 2019
Fellsmere Pond Christmas Tree Lighting

Christmas Tree Lighting at Fellsmere Pond

Posted on: November 14, 2019

2019 Malden Recycling Day!

Posted on: October 21, 2019
Ebisuya Noodle Grand Opening

Grand Opening of Ebisuya Noodles

Posted on: October 21, 2019
(From left) Xueyi Lin, ZhiChao Chen, Mayor Gary Christenson, Torisa Wang, Councillor Craig Spadafora

Grand Opening of Wanyoo Esports

Posted on: October 17, 2019
Public Safety Day

Malden’s 2nd Annual Public Safety Day

Posted on: October 9, 2019
(From left) Ose Schwab, Owner Sunny Chu, Mayor, Yu Du (owner of UpTea Hub), Charlotte Deng, and Anne

Ribbon Cutting of Sunny Florists

Posted on: October 7, 2019
Malden Logo

Malden Has a New Logo

Posted on: October 3, 2019
Trafton Park Improvements Rendering

Malden Receives $400,000 for Trafton Park

Posted on: September 26, 2019