I believe that lot used to be a site that contained an old Sears catalogue home. The lot(s) were sold to a developer who knocked down the house against the wishes of local residents. A large condo building was planned, but the developer ran into some odd zoning issues which may have been brought forth by the disgruntled neighbors.
Thanks for the info Jason. Its just unusual to see such a huge lot vacant in the neighborhood. We knew something had to be up.
Has anyone heard of any updates concerning the empty lot on Malden?