Somerville’s Fix for Vacant Lab Building: $18M Tax Break
Somerville City Councilors approved a 10-year tax break designed to lure an Andover medtech company to BioMed Realty’s Assembly Innovation Park.
Somerville City Councilors approved a 10-year tax break designed to lure an Andover medtech company to BioMed Realty’s Assembly Innovation Park.
If a company plans to retain or create jobs, renovate a leased or purchased building or construct a new building, tax incentives may be available.
The city of Haverhill’s goal of attracting additional industrial development near Interstate 495 could pay off with a 135,000-square-foot facility for a Tennessee food manufacturer.