Please do not leave this page until complete. This can take a few moments.
Marlborough is leading a coalition of five MetroWest communities in a bid to land Amazon’s HQ2.
In a 73-page document by the Marlborough Economic Development Corp. for a group called 495 Crossroads made up of the city, Northborough, Southborough, Westborough and Hudson, Amazon is offered a total of 6.6 million square feet of space.
The MetroWest coalition is one of many cities and states submitted a bid to land Seattle-based Amazon’s second headquarters, which is expected to bring 50,000 high-paying jobs and a $5-billion infrastructure investment to whichever area the company chooses. Bids are due today.
Potential sites include a proposed 2.5-million-square-foot North Campus at shovel-ready sites and planned business parks on the borders of Marlborough and Northborough.
A proposed South Campus includes 4.3 million square feet of space along I-495 in Southborough and Westborough at sites owned by Dell EMC, office parks and vacant land.
The group’s proposal does not greatly detail tax breaks it could offer to the company, but did detail state and local tools that could and would be utilized, such as tax-increment financing.
“The timeframe for reaching a TIF agreement varies slightly by community, but the City of Marlborough and Town of Westborough are committed to executing TIF agreements in four weeks or less, and all communities will work aggressively to meet the needs of the Amazon HQ2 project,” the group wrote in its official bid.
The group touts its strong local education systems, access to public transportation, proximity to colleges in Worcester and Boston, access to more than 3 million people across three counties, access to I-495 and the Mass Pike and a network of development-ready sites.
The group included company testimonials from GE Life Sciences and Walker Realty (which is developing a 500,000-square-foot commercial space), both of whom located to Marlborough due to its accessibility and business-friendly attitude.
The group cites several large companies in the area: Wholefoods, Dell EMC, Raytheon, Boston Scientific, TJX and Bose.
“Those companies have clustered in our region because we offer access to a talented and highly educated workforce, strong transportation infrastructure and an excellent quality of life,” the group said.
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments