Archive for the ‘News’ Category
METRO WEST DAILY NEWS – People in the four “‘Boroughs” hope to connect existing trails to create a 30-plus-mile biking, hiking and walking loop that officials say will improve quality of life and boost the local economy. [caption id="attachment_12090" align="aligncenter" width="600" caption="Assabet River Rail Trail - Marlborough, MA"][/caption] ... read more
METRO WEST DAILY NEWS – After months of discussion and public forums, the City Council is expected to vote on a downtown rezoning proposal at its next meeting in early December. [caption id="attachment_12105" align="aligncenter" width="614" caption="Marlborough's Main Street would become part of new downtown zoning district"][/caption] ... read more
COMMUNITY ADVOCATE – For the past several years a group of interested volunteers from Marlborough, Northborough, Southborough and Westborough have worked together to create a 30-mile recreational trail link between their communities. A conceptual plan created for the “Boroughs Community Trail Loop” was presented to the Marlborough City Council via a communication from Mayor Arthur Vigeant at the council’s Nov. 17th meeting for consideration. ... read more
WORCESTER BUSINESS JOURNAL – While manufacturing vacancy remains higher along the I-495 corridor than areas closer to Boston, new tenants are eating up empty space at a faster clip than those settling closer to Boston. ... read more
MAIN STREET JOURNAL – Marlborough Economic Development Corporation and the Marlborough Regional Chamber of Commerce will join together to present a forum titled, “The ABC’S of Procuring Government Contracts.” This seminar will be held on Friday, November 14th from 7:30 AM to 9:15 AM at the Courtyard by Marriott, 75 Felton Street, Marlborough. A panel of experts will explain how companies of all sizes can secure government contracts and how such agreements can benefit a business. ... read more
METRO WEST DAILY NEWS – A downtown rezoning proposal got a step closer to going into effect Tuesday night, as the Urban Affairs Committee continued tweaking a proposed ordinance before its send the measure back to the City Council for approval. ... read more
WORCESTER BUSINESS JOURNAL – The work Marlborough planners did to create a mixed-use overlay district in the city’s southwest quadrant paid off, now that several development proposals are in the works. But now they’re turning their attention away from the office parks that line Interstate 495, and inward to downtown.
[caption id="attachment_12035" align="aligncenter" width="400" caption="Planners say downtown Marlborough, shown here, has good bones now and a relatively low vacancy rate of 15 percent. But city leaders would like to expand development prospects through proposed zoning changes."][/caption] ... read more
WORCESTER BUSINESS JOURNAL - For Marlborough, recent months have brought an avalanche of good news. Boston Scientific and Quest Diagnostics brought their operations to the city this summer. In August, General Electric named the city as the new headquarters of its health care and life sciences division, and that announcement was followed almost immediately by a confirmation that a developer would build a new Hilton Garden Inn hotel to serve the city’s tech sector. ... read more
WORCESTER BUSINESS JOURNAL – Developers understand that real estate is cyclical. The cycle we’re entering is similar to what Greater Boston markets have experienced before. Companies large and small are moving from high-priced space in the city and nearby markets toward more cost-effective sites in suburban areas such as I-495 and MetroWest.
Since the 2008 credit crisis, the economy has experienced consistent, albeit sluggish, recovery, creating ample opportunities for tenants, small local businesses, real estate owners and investors. ... read more