News: Spotlight Content

Middlesex 3 brings together regional leaders to advocate and to improve business development

Stephanie Cronin

The Middlesex 3 region is comprised of 10 communities along the Rte. 3 corridor. It begins 15 miles northwest of downtown Boston and includes the communities of Bedford, Billerica, Burlington, Carlisle, Chelmsford, Lexington, Lowell, Tewksbury, Tyngsborough, and Westford.

The region has experienced tremendous growth in recent years and the trend hasn’t slowed down. The 10 communities continue to be diverse and provide something for everyone, including excellent educational and workforce training resources, business-friendly municipalities, diverse housing and commercial real estate options, alternative transportation resources, high-quality healthcare facilities, and recreational and cultural opportunities.

The business base continues to thrive economically as well as in its diversity, which includes start-up businesses, high-tech and high growth companies, and Fortune 500 corporations. Each of these organizations pull from the highly educated and high-quality workforce who are in and around the Middlesex 3 area.

Our organization brings together regional leaders from business, academia, real estate, finance, healthcare, nonprofits, and local, state, and federal governments to advocate and to improve business development along the Rte. 3 corridor. By working together, the Middlesex 3 Coalition communities, companies, members, and partners help to improve economic development, increase job growth and retention, and enhance the quality of life for the entire region.

The Coalition is committed to addressing key issues within our communities, including:

• Improving transportation;

• Improving education and workforce development;

• Improving infrastructure, utilities and commercial/residential real estate development;

• Promoting and marketing Rte. 3 Corridor and area businesses; and

• Addressing business development concerns.

Our work is guided by the following principles:

• Providing assistance with infrastructure and transportation projects;

• Facilitating employment and workforce resources including grants and training programs;

• Serving as a direct line to legislators;

• Providing an introduction to business, municipal and financial contacts;

• Acting as a resource to review and streamline the permitting process; and

• Aiding in identifying potential development sites.

The Middlesex 3 Coalition works with our membership to build relationships, address key economic development issues, and foster real estate and business development in the region.

Most recently, The Middlesex 3 Coalition has launched a new initiative called #M3Connect as way to showcase the collaboration between communities and the economic vitality of the region. The campaign features a promotional video series, social media and other related marketing efforts. The campaign is designed to:

• Highlight economic development initiatives that are positively impacting our region’s business climate;

• Connect leaders from business, academia, real estate, nonprofit, and local, state, federal governments through online community building; and,

• Tell the untold stories of successful local businesses and their connection to and support from major employers in the region.

For more information visit: www.middlesex3.com.

Stephanie Cronin is the executive director for the Middlesex 3 Coalition, Billerica, Mass.

MORE FROM Spotlight Content

Check out the New England Real Estate Journal's 2025 Fall Preview Spotlight

NEREJ’s Fall Preview is Out Now!
Explore our Fall Preview Spotlight, featuring exclusive Q&As with leading commercial real estate professionals and in-depth byline articles on today’s most relevant market topics. Gain insight into the trends, challenges, and opportunities shaping New England’s commercial real estate landscape this fall.  
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan

How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan

These are uncertain times for the home building industry. We have the threat of tariffs mixed with high interest rates and lenders nervous about the market. Every professional, whether builder, broker, or architect, asks themselves, how do we manage our business in today’s climate? We all strive not just to succeed, but
30 years on South Coast Rail: A journey to connect Southeastern Mass. with commuter rail - by Rick Carey

30 years on South Coast Rail: A journey to connect Southeastern Mass. with commuter rail - by Rick Carey

On March 24, 2025, a dream more than three decades in the making became a reality with the launch of the Massachusetts Bay Transportation Authority’s (MBTA) South Coast Rail commuter service. This milestone marks the completion of a project that overcame numerous starts and stops, including changes in leadership
Shallow-bay wins on 495/128:  A renewal-driven market with a thin pipeline - by Nate Nickerson

Shallow-bay wins on 495/128: A renewal-driven market with a thin pipeline - by Nate Nickerson

The Boston industrial market entered mid-2025 in a bifurcated state. Large-block vacancy remains elevated, while shallow-bay along the 495/128 corridor continues to prove resilient. Fieldstone’s focus on this geography positions us squarely in the middle of a renewal-driven, supply-constrained
How long should I hold a property for it to qualify as an investment property in connection with a 1031 tax-deferred exchange? - by Brendan Greene and Mark McCue

How long should I hold a property for it to qualify as an investment property in connection with a 1031 tax-deferred exchange? - by Brendan Greene and Mark McCue

Internal Revenue Code (IRC) Section 1031 provides “No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held