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Message from Arthur Vigeant, Mayor of Marlborough “Welcome to the homepage of the Marlborough Economic Development Corporation (MEDC). Since its inception, the MEDC has been a driving force in establishing our city as one of the premier communities to open and grow your business. Our mission continues to focus on working with our existing commercial tenants and supporting them as their businesses expand, whilst bringing new companies into our city…” read more

<<< MEDC NEWS >>>

GE helping make I-495 area hot
January 5, 2015 – When General Electric brings its healthcare and life sciences division to Marlborough in the spring, the 500-employee facility will be both a symbol of the rising fortunes of the city and surrounding communities and a potential catalyst for more growth. GE has said the 160,000-square-foot facility, to be located in the former Hewlett-Packard complex on Forest Street, will put the division close to “industry-leading talent,” customers and major medical and academic institutions. …read more 

Marlborough among the BBJ’s top five real estate stories of the year
December 31, 2014 -At the end of 2010, around 50 percent of Marlborough’s office and R&D space was either empty or about to be empty. The city has about 5.6 million square feet of leasable space — the single largest office and R&D market in MetroWest, according to Cassidy Turley data. The next year, just 106 commercial building permits were filed, totaling $20.2 million in value, according to City of Marlborough data.Fast forward to today, and the story has changed completely. Marlborough has sliced its late 2010 vacancy by about half. And a total of 374 commercial building permits at a value of $100.5 million were filed in 2013. …read more 

WBJ names GE Healthcare’s move to Marlborough as its top story of 2014
December 29, 2014 – The year we’re about to leave – for some, maybe forget – saw several noteworthy business-related events in Central Massachusetts, but here’s our consensus selections for the top five stories of 2014. As a staff, we unanimously agreed on the top story: GE Healthcare Life Sciences announces it will move its U.S. headquarters to Marlborough, bringing with it about 500 jobs. This was big on several levels, primarily the draw of a Fortune 10 firm to Central Massachusetts. …read more 

Marlborough tests smart-growth strategy
December 28, 2014 – There are only a handful of vacant storefronts on Main Street in downtown Marlborough, but new development has been scarce in recent years. This month, Marlborough officials enacted a new village zoning district designed to turn 50 acres of the downtown into a 24-7 magnet. The regulations encourage new uses including recording studios, bed-and-breakfasts and brewpubs. They allow new buildings to take up bigger portions of a parcel, while eliminating parking requirements. And they allow multifamily development for the first time in decades. …read more

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