Massachusetts – Nothing Common About Its Wealth
BusinessFacilities com, From the May/June 2015 issue
By: Dominique Cantelme
…Devens, a 4,400-acre mixed-use community in central Massachusetts, is home to nearly 90 organizations that include manufacturing, biopharmaceutical and other high-tech businesses. More than 4,000 people work in Devens. With the new Red Tail Heights property, first-class office users have an opportunity to locate their corporate headquarters in this regional economic hub.
Companies are attracted to the community’s expedited and streamlined permitting, highway access, proximity to Boston and infrastructure. The Red Tail Heights parcel, at 18.5 acres and fully serviced by all utilities, can accommodate buildings of up to 225,000 square feet. Red Tail Heights also takes advantage of one of Devens’ oft-overlooked gems for local businesses: its open space. The site overlooks the 18th hole and clubhouse of Red Tail Golf Club, an award-winning championship course that has been designated as the first Audubon International Signature Sanctuary golf course in the region. Red Tail Heights also has views of Robbins Pond and abuts miles of walking trails.
The property appeals to first-class office users; MassDevelopment, the economic-development agency charged with the community’s redevelopment, continues to market other sites in the area to medical device, life science, biopharmaceutical, technology and defense companies. Bristol-Myers Squibb is one of the largest businesses in Devens, employing about 400 workers to develop the biotechnology drug Orencia to battle rheumatoid arthritis. The company invested about $750 million in the original facility and currently is building a $250 million expansion, which will add 300 R&D employees. Bristol-Myers Squibb expects to finish that construction later this year. Other life sciences companies in the community include Johnson Matthey Pharma Services, Bio-Techne and PCI Synthesis.
Read more via Massachusetts Builds On The Commonwealth.