News: Owners Developers & Managers

Waltham-based firms form 128 Winter St. Council

A group of local area employers have formed the 128 Winter Street Council. The goal of the Council is to improve the workplace environment for companies located along Rte. 128 and neighboring communities in the state. The companies forming the council-Adobe Systems, Fresenuius Medical Care, ImmunoGen, Inc, Massachusetts Medical Society, National Grid, PerkinElmer, and QinetiQ North America-employ approximately 4,000 people in the immediate neighborhood. "The companies located along 128 between Route 2 and Route 20" said, John J. Gioioso, CFM, MCR, Director of FMCNA Corporate Building Operations & Real Estate at Fresenius Medical Care, "have a unique set of infrastructure and planning issues that impact our employee and facility needs." The council will be led by Jack Troast, managing director of real estate firm T3 Advisors. Prior to T3, Troast was deputy director for the Department of Business and Technology with the Commonwealth during the Romney Administration. "During my tenure in state government we had good success with regional councils providing input on local economic development needs, and employers form the baseline for defining these needs," Troast said. The council has identified a preliminary outline of issues and challenges that they would like to see addressed in the region. These issues include traffic, growth of transportation alternatives, reliability of essential services, emergency management, and environmental sustainability. "I have seen a number of successful regional initiatives evolve from successful stakeholder process and this is the first step in local stakeholder engagement committed to the workplace," said Troast. "The Council will be adding additional members, and interested parties should contact Troast who is building the organization with the core founding members. "While there are a number of local resources such as the Waltham West Suburban Chamber and the 128 Transportation Council we believe an impacted employer group should take a leading role in promoting the development dialogue. We will work with these local organizations and the development community to help shape the agenda", said Suzette Moreau, Director, HR Policy Development at National Grid.
MORE FROM Owners Developers & Managers

BGO and Seyon complete acquisition of a 134,413 s/f industrial portfolio

Marlborough, MA BGO, a leading global real estate investment manager, and Seyon, a Boston-based, vertically integrated investor, owner and operator of industrial real estate, have completed the acquisition of a two-building, 134,413 s/f industrial portfolio.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated