• Need help? Call us now! 508-229-2010
Get Social with Us!

Marlborough Economic Development Corporation Annual Report 2016The MEDC 2016 Annual Report highlights the economic indicators that represent the City of Marlborough’s continued growth and recent successes. The Annual Report also outlines the various initiatives through which the organization has been, among other things, helping to bring new companies to Marlborough, supporting the growth of local businesses, facilitating large and small developments and building the city’s image regionally and nationally in 2016.

Review some of the MEDC Annual Report highlights below, or download the full version here.

  • COMPANY MOVES & EXPANSIONS: 25+
  • JOBS ADDED TO LABOR MARKET: 400+
  • COMMERCIAL SPACE OCCUPIED: 295,000+ square feet
  • UNEMPLOYMENT RATE: 2.1% as of November 2016 — 15 -year low; 43% drop since December 2015
  • COMMERCIAL VACANCY RATE: 10% — 5-year low; 17% year over year decrease
  • LOCAL OPTION ROOMS REVENUE: $2,400,000 — 9% year over year increase
  • LOCAL OPTION MEALS REVENUE: $894,221 — 7% year over year increase
  • NEW GROWTH: $2,800,000
MOVES
  • Agile Systems
  • Automated Building Systems
  • Blue Bird Technologies
  • BWT Pharma & Biotech
  • Care Well Urgent Care Clinic
  • Curadel
  • Elite Electric
  • Family Orthodontics
  • Katz Law
  • MetLife
  • Mintra
  • Oracle
  • Radius Financial
  • Scott Pharma Solutions
  • Stellar Consulting Group
  • Sullivan Benefits
  • The Learning Experience
  • Wakefly
  • Whole Foods
  • Wind River Environmental
EXPANSIONS
  • Baypath Elder Services
  • CeQur
  • Coperion K-TRON
  • Helixbind
  • KLT Industries
  • Northeast Building Products
  • SENKO Advanced Components
  • Web Industries
REAL ESTATE
  • THE APEX CENTER OF NEW ENGLAND — private mixed-use development with entertainment, hospitality, restaurant, retail and more
  • 163-175 MAIN STREET — private mixed-use development with 32 residential units, restaurant and bakery
  • 28 BOLTON STREET — private mixed-use development with 12 residential units and office space
INFRASTRUCTURE
  • ROUTE 20 WEST — roadway improvements funded through a $3.05 million MassWorks Infrastructure Program grant
  • EAST MAIN STREET — roadway improvements funded through a $2.7 million MassWorks Infrastructure Program grant
  • MARLBOROUGH AREA ROADS — MassDOT, through its 5-Year Capital Investment Plan, plans to fund at least $87.8 million of infrastructure projects in and around Marlborough
SPORTS FACILITIES
  • SYNTHETIC TURF FIELD — Marlborough’s first such field was completed at Whitcomb Middle School, funded through the Local Option Meals Tax
  • NEW ENGLAND SPORTS CENTER — NESC has been undergoing a major expansion, which will make it the largest indoor skating facility in North America
BUSINESS OUTREACH
  • Business Outreach & Retention Program (200 local company meetings to date)
  • Commercial Brokers & Developers Appreciation Reception
  • Massachusetts Life Sciences Center Job Creation Tax Incentive Program Info Session Co-host
  • Restaurant Attraction Initiative
  • Revolving Loan Fund Program Launch Event
COMMUNICATIONS & BRANDING
  • City Shuttle Bus Advertising Campaign
  • Marlborough Marketing Video – “Live, Work, Play”
  • MEDC’s New Website & Marketing Collateral
  • MetroWest Visitors Bureau Marketing Partnership
  • “Think Marlborough” Branding Campaign
  • Visit Marlborough Advertising Campaign
COMMUNITY ENGAGEMENT
  • “Business Break” Monthly TV Show on WMCT-TV
  • Cultural Sensitivity Training Workshop—Cater to Asia’s Growing Travel Market
  • Dine Local Campaign (Marlborough’s first turf field project completed)
  • Hospitality ServSafe & CPR Training
  • Marlborough Works! Job Fair & LinkedIn Workshop
  • MEDC Annual Founders Reception
  • The ABCs of Procuring Government Contracts Workshop
DOWNTOWN
  • Blade Sign Program
  • Main Street Landscape Beautification
  • Main Street Pocket Park
  • Marketing Collateral
ECONOMIC DEVELOPMENT TOOLBOX
  • Beautification Grants
  • Marlborough Area Community Loan Fund
  • Rental Assistance
  • Tax Reimbursements and Credits
PLANNING & TECHNICAL ASSISTANCE
  • Assisted Living & Downtown Zoning Changes
  • Boroughs+ Regional Transportation Meeting
  • Marlborough Employment Report
  • Marlborough SouthWest Quadrant – Land Planning & Development Concepts
  • Marlborough Transportation System Evaluation
  • MassWorks Infrastructure Grant Application (Awarded $3.5 million for Rt 20 W)
  • Route 20 West Hospitality & Recreation Mixed Use Overlay District (APEX)
  • FILLING EMPTY COMMERCIAL AND INDUSTRIAL SPACES
  • ATTRACTING INNOVATIVE COMPANIES & SUPPORTING LOCAL BUSINESS GROWTH
  • IMPROVING THE QUALITY OF LIFE FOR RESIDENTS
  • DEVELOPING TRANSPORTATION AND ACCESSIBILITY
  • SOLIDIFYING MARLBOROUGH’S IMAGE AS A BUSINESS-FRIENDLY CITY
  • BUILDING SPORTS TOURISM