BOSTON-A year after local opposition forced Equity Residential Properties to pull back from its plan to build two towers at Emerson Place in Charles River Park, the developer files with the Boston Redevelopment Authority to build four smaller buildings.

BOSTON-Merrill H. Diamond, head of locally based Diamond & Co., has been selected to develop Waterworks Park, a 94-unit cultural and residential community on the former Chestnut Hill Waterworks property.

HOPKINTON, MA-SCP Pool Corp. remains at 12 Parkwood Dr. in Elmwood Park. The company, a wholesale distributor of swimming pool supplies and related equipment, renewed its lease for 38,979 sf for five years.

WOBURN, MA-National Development purchases 225-235 Presidential Way from Level 3 Communications in a joint venture with Angelo, Gordon & Co. of New York. The two buildings total 437,898 sf and were formerly owned by Genuity which went bankrupt.

BRAINTREE, MA-Chase Manhattan Mortgage Corp. nearly doubles its space as it renews and expands its lease to more than 11,000 sf at 150 Grossman Dr. in the Braintree Executive Park. The park's two buildings are nearly fully occupied.

FITCHBURG, MA-LPL LLC sells the Wallace Plaza Shopping Center to Kent Realty Associates LP for $6.75 million. The 127,460-sf property is located on John Fitch Highway and includes 65,000 sf of retail space.

CAMBRIDGE, MA-Mazu Networks takes 14,000-sf of office space in a sublease deal at 125 CambridgePark Dr. in the CambridgePark office complex. The company doubles the size of its space with this deal.

BOSTON-Equity Residential Properties Trust submits a letter of intent to the Boston Redevelopment Authority for a plan to build 320 units in Charles River Park. This is a year after its plan to build two large towers at the site was met with fierce resistance.