Developers have filed plans to replace a former ExxonMobil oil tank complex in Everett with a new neighborhood of high-rise buildings, including over 3,000 new homes, next to the MBTA’s Newburyport-Rockport regional rail line and a proposed new bus rapid transit route.
According to an August filing with the Massachusetts Environmental Policy Act office, The Davis Companies, a Boston-based real estate investment firm, would like to build about 7.2 million square feet of new offices, manufacturing spaces, and apartments on 66 acres it owns just southeast of Sweetser Circle in Everett.
The firm is also proposing, as a “phase one” project, a large battery storage facility with new electric power substations on an adjacent 20 acre site that it owns on either side of Beacham Street, next to other industrial properties in the area.
If built, the neighborhood would increase the number of homes in the City of Everett by roughly 15 percent…