Norton, MA Condyne Capital Partners has celebrated the groundbreaking of Bluestar Business Park, the state’s newest master-planned industrial park, being developed by Condyne Capital Partners and UBS Realty Investors. The 887,315 s/f industrial park, spans across 190 acres and will be comprised of 11 new manufacturing, warehouse, fulfillment buildings along with ancillary retail and business services, hotel and flex space. The park is being constructed by Polar Design Build and is located off Bluestar Memorial Hwy. (Rte. 495) Exit 10 at the intersection of Rte. 123 and East Main St. Bluestar Business Park is being marketed by CBRE and is financed with Middlesex Savings Bank. The project team includes Maugel Architects, CBC Engineering and Flood Consulting.
Bluestar was formerly recreational and agricultural land that was rezoned by the residents of Norton to establish a new industrial park after witnessing the success Condyne’s nearby Norton Commerce Center park has procured for the town. The park is the culmination of a two-year permitting effort in conjunction with the town with an aligned goal to attract new businesses, increase real estate and excise taxes in excess of $1 million annually, create 300 to 500 new permanent and construction jobs, produce $700,000 in permit fees to benefit the local community. Combined on full buildout, the two parks will exceed two million s/f of industrial buildings.
The Bluestar groundbreaking event included speakers president Jeff O’Neill of Condyne Capital Partners, vice president Donald O’Neill of Condyne Capital Partners, and ceremonial speakers state senator Paul Feeney, state representative Jay Barrows, state representative Steve Howitt, and town manager Michael Yunits.
The site work commenced on the 190-acre lot in early November as construction teams have been preparing the area for the Phase I buildings foundation and underground utilities with a projected August 2020 completion date. Maugel Architects, CBC Engineering and Flood Consulting collaborated with the development team to design the business park to reflect a modern tilt-up concrete design many architectural features and sustainable vision throughout. The park can support organizations both large and small and provide flexibility to support continued growth long term.