Located in the heart of the City of Watertown, NY, the former Mercy Hospital occupied 9 multi-story buildings consisting of approximately 377,000 square feet and 7-acres. The original buildings were constructed at various times between 1938 and 1983. Through collaborative efforts with State and local government COR has completed significant environmental remediation, raised all of the existing structures, and is in the process of a full-scale redevelopment project to help revitalize downtown Watertown.
The $45 to $50 million redevelopment project will consist of two 4 story mixed-use buildings that will wrap the block along Arsenal Street and the corner of Sherman and Stone Streets. These buildings will include 30,000 square feet of ground level commercial space, (i.e. office/retail space) and 108 market rate apartments, on the upper three levels. In addition, two 3 story buildings with a total of 80 senior housing units will be located at the corner of Stone and Massey Streets. Surface parking internal to the block and on adjacent lots will support both commercial and residential uses.