Shout Out to the Economic Development Committee

Citizen group actively involved in affecting growth and development in town.

Re: Shout Out to the Economic Development Committee

Postby tinkerbell on Sat Jul 30, 2011 10:43 pm

bkhote wrote:How come they flourish and we look like..
well what south Tewksbury looks like. Its invitation to further ghetto-fication of that part. We deserve better.
Is any one listening???

Yeah, I'm listening, you snob. "What SOUTH Tewksbury looks like"? FYI, there are far more vacant, wasting away storefronts up your end of town than in ours...
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Re: Shout Out to the Economic Development Committee

Postby concerned_nobody on Mon Aug 01, 2011 9:11 am

tinkerbell wrote:
bkhote wrote:How come they flourish and we look like..
well what south Tewksbury looks like. Its invitation to further ghetto-fication of that part. We deserve better.
Is any one listening???

Yeah, I'm listening, you snob. "What SOUTH Tewksbury looks like"? FYI, there are far more vacant, wasting away storefronts up your end of town than in ours...



How about:
* the former Pollo Loco Building
* empty stores next to it
* site of the former Heartland store
* former site of the RTN Credit Union
* empty lot next to Enterprise Rent a Car
* old Police Station
* empty stores next to Crystal General Store
* vacant buildings where Osco/Rite Aid used to be
* former site of Picadilly Pub
* empty stores in Germano Park and Cottage Place

The list goes on. However, none of these locations are anywhere near South Tewksbury.
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Re: Shout Out to the Economic Development Committee

Postby ELLE on Mon Aug 01, 2011 10:31 am

Where exactly is the line dividing north and south? I think there are plenty of vacant lots to go around, the town is a mess.
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Re: Shout Out to the Economic Development Committee

Postby swamper on Mon Aug 01, 2011 1:10 pm

Let's put to rest the "north vs. south" mentality....we are all one Town....and should care about the community as a whole.
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Re: Shout Out to the Economic Development Committee

Postby Mamaoftwo on Tue Aug 02, 2011 1:48 pm

Agreed Swamper !!!
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Re: Shout Out to the Economic Development Committee

Postby bkhote on Fri Aug 05, 2011 4:36 pm

tinkerbell wrote:
bkhote wrote:How come they flourish and we look like..
well what south Tewksbury looks like. Its invitation to further ghetto-fication of that part. We deserve better.
Is any one listening???

Yeah, I'm listening, you snob. "What SOUTH Tewksbury looks like"? FYI, there are far more vacant, wasting away storefronts up your end of town than in ours...


My friend tinkerbell,
I am having tough time trying to understand what part of the my post did upset you so that you start calling me 'snob'
and then defend? 'your' part of the town.
I agree to the other post that this is not a south v/s north debate. I find it troubling seeing vacant lots that could
potentially be a revenue generator for the town( as a whole). I do not understand how come the north v/s south
branch you managed to derive from my post. May be because you 'assumed' I am from north.

To the list of places that other post mentioned how about
Almost entire plaza behind Picadelly
Old miniature golf
What ever that facility is by the river opposite the cemetery ( looks like a camp site with ugly cabins)
The Old B-Curious? day care plaza
One more old/ugly building next to Audio Werks
Direct Auto part building was ugly looking and now its even worst half constructed unit.
Land parcel opposite Haffeners.

I am glad to see some update on the Rt 38 development. Just wishing it to be little faster. See it transformed in
our lifetime.

--B
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Re: Shout Out to the Economic Development Committee

Postby HC5512 on Thu Aug 11, 2011 11:54 am

Just curious, any theories why there are so many vacancies?
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Re: Shout Out to the Economic Development Committee

Postby bkhote on Thu Aug 11, 2011 4:13 pm

HC5512 wrote:Just curious, any theories why there are so many vacancies?


I would like to know if(how) we make outside businesses welcome in Tewksbury?
Recent Economy target and Gold status is encouraging news.
As someone mentioned(kinda) in one of the posts here, we need to review if we are too strict about
our codes that might be driving new businesses away?
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Re: Shout Out to the Economic Development Committee

Postby bkhote on Thu Aug 11, 2011 4:29 pm

swamper wrote:Selectman David Gay is the chairman of the EDC, and I am aware that he has just posted updates on his website re. recent activity/mtgs.....I suggest you start there for more info:

http://www.davidgayselectman.org

That being said, their mtgs. each month are publicized and always open to the residents for input or questions. Just because you don't see an immediate turnaround does not mean the committee isn't working hard laying the groundwork....it is an ongoing process with multiple facets to see to fruition.


It would be helpful updating Meeting Minutes at its designated? place at
http://www.tewksbury.net/Pages/Tewksbur ... nDev/index
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Re: Shout Out to the Economic Development Committee

Postby swamper on Sun Oct 02, 2011 5:48 pm

From today's Lowell Sun:

A big 'thank you' to all those working hard over the past several years to have seen/brought this to fruition....this is indeed good news for Tewksbury!


Tewksbury plans for new business
By Joyce Tsai, jtsai@lowellsun.com
Updated: 10/02/2011 06:34:38 AM EDT


TEWKSBURY -- More than a year and a half ago, a trio of buildings on Ames Pond Drive, once home to Avid Technology, shuttered its doors.

The company relocated its 600-plus employees to Burlington, and Tewksbury officials struggled to find a business to take its place in the midst of the economic slowdown.

But now, the town has landed a Fortune 500 tenant: Thermo Fisher Scientific Inc. Co. plans to purchase one of the buildings and associated land for $8.6 million from its owner, RREEF, as well as make capital investments of $7.3 million at the site, whose address has since been changed to 2 Radcliffe Road.

The town was able to lure the prized business through an economic incentive tool Tewksbury is using for the first time: a tax-increment financing agreement, commonly referred to as a TIF. The town says it's just the first of a string of successes that it hopes to score with its newly available TIF incentives.

Waltham-based Thermo Fisher is an $11 billion scientific-device manufacturer with 37,000 employees worldwide. It will relocate some 350 employees, who are housed in buildings in Billerica, Chelmsford and Wilmington, said Ron O'Brien, a Thermo-Fisher spokesman. Over the next five years, it plans to add about 150 employees.

The move would help "accomplish the economies that come from having one operation instead of three separate ones," O'Brien said.

Within swift striking distance of the Interstate 93 corridor, the Tewksbury site
had all the attributes needed for a small manufacturing facility, with a central location and good transportation in-and-out, he said.

The facility will house the company's "Portable Analytical Instruments Center of Excellence" and specialize in producing a portable and hand-held chemical and metal-detection instruments. The company plans to close its purchase agreement next week, he said. The TIF will come up for voter approval at Tuesday's Special Town Meeting.

Director of Community Development Steve Sadwick said that since Avid left, the building's 156,000 square feet of office space has been vacant.

"And we've been missing those employees that would be frequenting our local economy, so this has been high on our radar," he said.

Montuori said he offered a 15-year TIF with a property-tax exemption on facility improvements. The company will continue to pay 100 percent of the property taxes on the facility's base value, but get a 50 percent property-tax reduction on improvements its first year, which will ratchet down by 5 percent annually until its 10th year. Then, it will receive a steady 5 percent property-tax reduction from its 11th to 15th year.

The state also offers a personal property-tax exemption for manufacturing facilities, Montuori said. If the town and state approve it as a certified project, the company could benefit from other state tax-incentive benefits, due to the town's recent designation as a state Economic Target Area.

Montuori said the town is strongly pursuing other business development through the use of TIFs.

"This was our first one, so we were probably more aggressive than normal" with the deal offered, he said. "We wanted to show our willingness to work with businesses that want to locate here."

Peter Milano, senior regional director of the Massachusetts Office of Business Development, credited Montuori and Sadwick for their proactive approach, calling their efforts "extraordinary."

"They have been the ones that have kept it on a quicker track than it would have been," he said. "Once they got wind of the deal, they just opened up the bag of economic tools," offering expedited permitting and a TIF.

The town's ability to provide TIFs is the culmination of a 10-year vision of the Planning Board's decision to draw up a Town Master Plan to take a proactive approach to future development, said Planning Board member Nancy Reed, who was instrumental in the effort.

Through the process, the committee realized the need to become a state Economic Target Area to provide incentives. It also spurred creation of the Economic Development Committee, headed by David Gay, which has broad representation from various town boards, to help expedite business development.

Gay called it "a collaborative effort" of the committee, town manager and community development office, that will not only result in a great opportunity for job creation, but boost town tax revenue.

Montuori estimated that the deal should bring in some $2 million in new town tax revenue over the next 15 years.

Read more: http://www.lowellsun.com/business/ci_19 ... z1ZfOqX6zx
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Re: Shout Out to the Economic Development Committee

Postby ELLE on Sun Oct 02, 2011 7:47 pm

Great news for Tewksbury, thanks for posting.
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Re: Shout Out to the Economic Development Committee

Postby kmagyoyo on Mon Oct 03, 2011 8:49 am

Now that this committee is finally realizing the fruits of its labors, I find it odd that the leader of the Todd Squad resigned from said committee. Of course as equally odd is his replacement:


http://tewksbury.patch.com/articles/sel ... -announced

Selectmen's Notebook: Committee Formed, Appointments Announced
Brief meeting planned for prior to Special Town Meeting.

By Bill Gilman

The Tewksbury Board of Selectmen met on Tuesday, Sept. 27 and took the following actions:

The board approved the transfer of stock and change of directors for the Backstage Grille. The moves are part of completing the changeover in management to what is now T.J. Callahan's.

The board approved the transfer of liquor license for Applebee's Neighborhood Bar and Grille from Dine Equity to Apple American Group. the move is part of a transfer of ownership that will take place in November.

The board heard a presentation from the Economic Development Committee. Community Development Director Steve Sadwick, speaking on behalf of the committee, outlined the committee's accomplishments over the past year and some of the positive steps being taken to encourage economic development. He also talked about some of the new businesses coming into town, such as Ocean State Job Lots and Thermo Fisher.

Board chairman Todd Johnson announced the he would be resigning as a Selectmen's representative on the EDC and that Selectman Doug Sears would be taking his place on the committee.

Town Manager Richard Montuori announced two promotions within the Fire Department. James Giasullo has been promoted to the rank of lieutenant and Jon Viscione has been promoted to the rank of captain.

The board approved the formation of a School Facilities Study Committee, to look into the building needs of the school department.

The board will be meeting again on Tuesday, Oct. 4 at 6:40 p.m. at Tewksbury High School, immediately before the Special Town Meeting at 7 p.m.
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Re: Shout Out to the Economic Development Committee

Postby swamper on Mon Oct 03, 2011 3:34 pm

From last week's Town Crier:

http://homenewshere.com/tewksbury_town_ ... 03286.html

Bringing Business to Tewksbury

By JON BISHOP
Sept. 30, 2011

TEWKSBURY - On Tuesday, members of the Economic Development Committee (EDC) offered a presentation to the Board of Selectmen that demonstrated the group’s progress since its inception. Their mission, according to Steve Sadwick, Director of Community Development and member of the EDC, is to promote Tewksbury to the business community.

The EDC was formed, in part, to address a need for organizational structure in Tewksbury’s economic development.

Tewksbury, the group told selectmen, can begin to accept biotech companies. Thermo Fisher Scientific, which will begin development on the former Abbott site at 2 Radcliffe Road, is the first of, what they hope, will be many.

Sadwick said the project would bring hundreds of high-paying jobs to Tewksbury. It would also allow for the increased use of hotels and restaurants.

Ocean State Job Lot is also coming to Tewksbury. The Rhode-Island based discount retailer will move into the vacant strip mall, of which the company will become a controlling partner, located on the Rt. 38 corridor. They plan to make a $1.2 million investment in the plaza.

Sadwick said these are great signs for the town’s economic progress. He said it shows, “Tewksbury is welcoming and open for business.”

David Plunkett, EDC member, said, “There’s a sense of excitement with these accomplishments.”

Nancy Reed, vice chair of the EDC, praised the consistency of the EDC’s development. She said the Master Plan Committee “laid out the groundwork” for what they were able to accomplish. She also lauded Town Manager Richard Montuori, without who, she said, much of these accomplishments would not have been possible.

Selectman David Gay, who serves as chair of the EDC, commended the “collaborative, proactive effort” of the committee and others who have worked to realize Tewksbury’s economic potential.

“Hopefully, this will be the beginning of other opportunities for companies,” Gay said.

“I’m thrilled we’ve made so much progress since 2008,” he later added.

Later in the meeting, Selectman Todd Johnson announced his resignation from the EDC. He will be replaced by Selectman Doug Sears.
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Re: Shout Out to the Economic Development Committee

Postby Davidgay on Tue Oct 04, 2011 8:50 am

Tewksbury selectman quits economic panel
By Joyce Tsai, jtsai@lowellsun.com
Updated: 10/04/2011 06:34:57 AM EDT



TEWKSBURY -- Selectmen Chairman Todd Johnson has resigned from the Economic Development Committee.
He announced his resignation at last week's selectmen's meeting, citing work-related and personal reasons that put constraints on his time.

"I just thought it was time to move on and let someone else have a crack at this particular committee," Johnson told The Sun. He asked Selectman Douglas Sears if he would step into his seat, and Sears agreed.
Selectman and Economic Development Committee Chairman David Gay said Johnson told him about the resignation in advance, explaining he didn't have the time because of commitments.

Meanwhile, others in town, who did not wish to be named, speculated as to whether the cause of Johnson's resignation may go deeper. The announcement comes on the heels of an Aug. 25 economic-development committee meeting in which Gay and Johnson disagreed on whether the Special Act Charter Committee's proposal should have been an off-limits topic of discussion. Gay said publicly that he worried that his committee, made up of a cross-section of elected boards, needed more time to understand the charter committee's proposal, in advance of Tuesday's Special Town Meeting, where it originally was to be voted on.

They said Johnson is known for not wanting any controversy among town boards, and he did not appreciate the board comments. Johnson told members at the meeting he believed the comments were "unfair" and "personal," and he
has repeatedly said that he and other selectmen should not comment until the proposal's final draft comes out.
But it was the lack of a draft, or any specific details, six weeks before a town vote, that members of the economic committee voiced concerns about. Yet, Johnson told The Sun that difference of opinion had nothing to do with his resignation.
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Re: Shout Out to the Economic Development Committee

Postby swamper on Wed Oct 19, 2011 10:30 pm

Tewksbury made the Boston Globe for something good this time!


Tax break spurs Thermo Fisher's $18 million relocation to Tewksbury industrial park

By John Laidler
Globe Correspondent / October 20, 2011

A scientific instruments firm plans to invest $18.2 million to relocate part of its operations to a Tewksbury industrial park adjacent to Interstate 495.

Thermo Fisher Scientific on Oct. 12 closed on the purchase of a vacant 156,000-square-foot building in the Ames Pond Corporate Park off Route 133. The Waltham-based firm plans to renovate the building to serve as the new consolidated site of its portable analytical instruments business, now housed at two buildings in Wilmington and one in Billerica.

The project, at 2 Radcliffe Road, is being welcomed by Tewksbury, which has agreed to provide Thermo Fisher a tax break for its investment.

"We're very supportive of it,'' said Steven Sadwick, the town's community development director. He said it means the relocation of 400 jobs to Tewksbury, with a promise by the company to add another 100 jobs over five years.

"The town sees that as a big benefit. It will help with our tax base and those employees will frequent the restaurants and hotels that are up in that area,'' he said.

Tewksbury was able to offer the tax incentive because the town earned state designation - with Andover in September 2010 - as an economic target area.

A Special Town Meeting Oct. 4 authorized the town to enter into the "tax increment financing'' agreement with Thermo Fisher by approving the development as a certified project in the Radcliffe Road Economic Opportunity Area, the designation selectmen plan to give the site next month.

Under the 15-year agreement, Thermo Fisher would be exempted in the first year from taxes on 50 percent of the increased value of the property resulting from its investment. That exemption would be reduced by 5 percent per year until reaching 5 percent in the 10th year, and remain at that level through the 15th year, according to Sadwick.

The tax agreement still requires the approval of the state's Economic Assistance Coordinating Council, which will take it up at its Dec. 21 meeting. Should the council approve the agreement, it could also grant Thermo Fisher up to a 10 percent state investment tax credit.

Peter Milano, senior regional director for the Massachusetts Office of Business Development, said it was likely the council would approve the property tax agreement "because that is the town's wishes.'' He said it was premature to speculate on whether it would agree to the state tax credit.

Milano observed, though, of Thermo Fisher: "It's a manufacturing entity which has been very well received by this board, and it's been an industry we've supported. While they are not a certified life sciences entity, they support the life sciences industry, which has been of great interest to us.''

Sadwick said the property tax incentive will save Thermo Fisher an estimated $484,000 over 15 years. But he said the town in that time will reap an estimated $2.1 million in added taxes as a result of the development, along with about $73,000 in permit fees.

The building purchased was formerly part of a three-building complex that housed Avid until that company relocated its Tewksbury operations to Burlington two years ago, according to Sadwick. All three buildings have been vacant since. In addition to I-495, the site abuts Ames Pond and Lodge at Ames Pond, a new apartment development.

Thermo Fisher acquired its building and the land beneath it for $8.6 million. It plans to spend $7.3 million on the construction, and another $2.2 million on furniture, equipment, and other costs, according to company spokesman Ron O'Brien.

Sadwick said the firm's plan is a permitted use of the site, which is zoned for office research. As a result, it does not need a site plan special permit, but would require one if it sought to expand later.

Thermo Fisher plans to begin construction as soon as its building permits are in hand. It expects to have moved most of its employees into the building by next spring, and have all of them in place by next fall, O'Brien said.

An $11 billion-a-year company with about 37,000 employees worldwide, Thermo Fisher makes scientific instruments for customers ranging from pharmaceutical and biotech companies to hospitals, universities, government agencies, and clinical diagnostic labs.

The Thermo Fisher entity relocating to Tewksbury develops and manufactures portable instruments that can be used for chemical analysis in the field. O'Brien said customers range from pharmaceutical companies that use it to test incoming materials to law enforcement agencies that use it to determine whether chemicals may be dangerous to handle.

The relocation to Tewksbury offers the company a chance to bring under one roof all its employees working in the hand-held instrument business, O'Brien said, and in so doing to "reduce our footprint in the north of Boston area by three buildings.

"We have an excellent site in Tewksbury and we think it's a win-win for everybody,'' he said.

Planning Board chairwoman Nancy Reed called the project "a fantastic opportunity for our town'' and one that fits with what Tewksbury had in mind when it sought designation as an economic target area.

"It's providing good jobs for people in the town, not to speak of tax revenue,'' she said. "And it's going to help the businesses that provide services in the town such as restaurants. The ripple effect is much needed.''
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