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The MEDC 2019 Annual Report highlights the economic indicators and development projects that illustrate 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, improving transportation options and building the city’s image regionally and nationally in 2019.

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

  • COMPANY MOVES & EXPANSIONS: 20+
  • JOBS ADDED TO LABOR MARKET: 750+
  • COMMERCIAL SPACE OCCUPIED: 225,000+ SF
  • UNEMPLOYMENT RATE: 2.0% (as of November 2019)
  • COMMERCIAL VACANCY RATE: 9%
  • LOCAL OPTION ROOMS REVENUE: $2,781,370
  • LOCAL OPTION MEALS REVENUE: $1,082,259
  • NEW GROWTH: $2,634,488
MOVES
  • Akoya Bioscience
  • Ben & Jerry’s
  • Boston Document Systems
  • Branches of Marlborough
  • Candela
  • Doble Engineering
  • Double T’s Tavern
  • Foxtec
  • Gerardo’s Bakery
  • Indo Laboratories
  • Lost Shoe Brewing Co.
  • Nasuni
  • Power Line Models
  • SPENGA
  • Tackle Box Brewing Co.
  • The Department of Public Health
  • The Fix Burger Bar
  • Venture X
EXPANSIONS
  • Embassy Suites
  • Raytheon
  • The DAVIS Companies
  • Welly’s

*Not a complete list.

  • AWARDED: $415,336
  • APPLICATIONS APPROVED: 20
  • JOBS CREATED: 233
  • JOBS RETAINED: 78
  • COMMERCIAL SPACE FILLED: 103,540 SF

*Figures reflect results since the MEDC Economic Development Toolbox program launched in 2015.

BUSINESS OUTREACH
  • Business Outreach & Retention Program
  • Opportunity Zones: Investor Info Session
  • Phantom Gourmet TV Commercial
COMMUNICATIONS & BRANDING
  • Citywide Branding & Marketing Initiative
  • MEDC rebranding
  • Phantom Gourmet Partnership
  • “Think Marlborough” Advertising Campaign
  • Visit Marlborough Advertising Campaign
COMMUNITY ENGAGEMENT
  • “Business Break” Bi-Monthly TV Show on WMCT-TV
  • Hometown Heroes Veteran Banner Program
  • Hospitality ServSafe & CPR Training Courses
  • Marlborough Commuter Shuttle Service
  • MEDC Annual Founders Reception
  • Marlborough Works Spring & Fall Job Fairs
  • MassHire Interview Workshops
  • Zagster Bike Share Program
DOWNTOWN
  • Main Street Beautification
  • Marlborough Food Truck Festival
  • Museum In The Streets
  • Vacant Downtown Storefront Program
ECONOMIC DEVELOPMENT TOOLBOX
  • Amenities Program
  • Beautification Grants
  • Marlborough Area Community Loan Fund
  • Rental Assistance
  • Tax Reimbursements and Credits
PLANNING & TECHNICAL ASSISTANCE
  • MassWorks Grant – French Hill
  • Route 20 East Market & Zoning Analysis
  • Route 20 East Wayside District Zoning
  • TIF Compliance Reporting
CITY OF MARLBOROUGH
  • Top 10 Boston SuburbsHomeSnacks.net
  • Top 17% of The Best Small U.S. CitiesWalletHub.com
  • 27th overall in “Education & Health”  among 1,200+ of The Best Small U.S. Cities – WalletHub.com
  • First AAA bond ratingS&P
  • First MA community to install Museum in the Street
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