Future of Pleasant Street building still unclear

In downtown Malden, the fate of the 22 Pleasant Street building hangs in the balance as it undergoes consideration for renovation, sparking both interest and concerns among city officials and developers.

The three-story brick office building, featuring ground floor retail along Pleasant Street, currently stands mostly vacant. Jim Sylvia, representing RD Management and collaborating with Boston-based commercial real estate agency Hunneman, is at the forefront of the redevelopment plan, dubbed ‘Innovation Place’.