33 parcels designated Forge Park Economic Opportunity Area

July 08, 2009 - Spotlights

22 Forge Park - Franklin, MA

7 Forge Park - Franklin, MA

Forge Park is a 360-acre master-planned industrial and office park on Rte. 140, a half mile from I-495's Exit 17. Tenants include General Cable, Pierce Aluminum, Berry Plastics, Covalence Specialty Adhesives, Draka USA, Trugreen, JEM Electronics, Vacumet Corporation, Last Armor/Foster-Miller, Inc., Eastern Propane Gas, Keebler, CiscoSystems, Dynisco Instruments, Echo Therapeutics Inc., Sontra Medical, PLC Medical Systems, Inc., Thermo Fisher Scientific, Kuehnet Nagel, The Taylor Group, Speedline Technology, MPM Corporation, NMT, Inc., Rainbow Movers, Massachusetts Secondary School Administrators Association, and the Massachusetts Interscholastic Athletic Association. In addition to industrial and office uses, Forge Park is the site of Forge Park MBTA Commuter Rail Station, Marriott Residence Inn, BJ's Wholesale, and a YMCA fitness center.
In April 2009, 33 parcels within Forge Park were designated by the Commonwealth of Massachusetts as the Forge Park Economic Opportunity Area. This designation allows the town to negotiate tax increment financing agreements with potential developers, and allows the potential developer to access additional tax incentives through the state.
At least half of the developed parcels within the proposed Forge Park Economic Opportunity Area can support additional development/redevelopment. In addition, at least four parcels within the EOA are undeveloped, including two prime locations at the intersection of Forge Pkwy. and Rte. 140.
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