BOSTON CITYBIZLIST – Nearly 60 government and business leaders gathered at the Marlborough Economic Development Corporation (MEDC) annual Founders Reception.
MEDC Chairman, Arthur Bergeron, gave the evening’s keynote speech, reflecting on 18 months of achievements for the organization and the city, including securing leading retailer TJX Companies Inc. and life-sciences giant Quest Diagnostics into previously-vacant Marlborough business sites. These feats, Bergeron said, along with Boston Scientific’s headquarters relocation to Marlborough, to be completed by October of this year, will undoubtedly be major boosts to the local economy.
“Marlborough already offers an enviable location and lifestyle, but we know there is more work to be done,” said Bergeron. “We know, for example, that we still need an urban walking area and, over the next year, we will definitely figure out a formula to do that.”
Bergeron said the MEDC will also focus its future efforts on increasing sports tourism, by growing the city’s youth baseball league. In addition, he said, the MEDC will continue promoting the new Wayside District along Route 20 East, which is expected to improve property values and attract even more business to the City of Marlborough.
One of the city’s more recent success stories began with the October 2011 purchase of the long-vacant former HP site off Route 495 by Framingham-based real estate investment firm, Atlantic Management. Just 18 months later, the site has been rezoned into an overlay district and has signed its first big long-term lease with Quest Diagnostics for a new laboratory facility expected to employ 1,200 people. Atlantic Management President & CEO Joseph Zink says he is excited about the potential of the new high-end mixed-use development, which will include 350 residential units, a major hotel operator and a number of commercial and retail outlets.
Massachusetts Senator Jamie Eldridge, State Representative Danielle Gregoire, Marlborough Mayor Arthur Vigeant, City Council President Patricia Pope and former Marlborough Mayor Nancy Stevens were among the officials who attended the event this month at the Marlborough Country Club. Also present were business leaders like Atlantic Management’s President & CEO Joseph Zink, VHB’s Senior Vice President Douglas Landry, Riemer & Braunstein’s Senior Partner Robert Buckley and Massachusetts Office of Business Development’s MetroWest Regional Director Rob Anderson.
This story originally appeared here.