Civil and Municipal - Jan 22

69 CIVIL AND MUNICIPAL VOLUME 3, ISSUE 1 MANSF I ELD , MASSACHUSETTS Situated just off I-495, the Cabot Business Park is home to much of that industrial sector and offers tenants a number of advantages in a prime Boston area location. At 850 acres, it is the second largest campus-style industrial park in Massachusetts and counts a number of major employers amongst its occupants- such as Amazon, Medtronic; Trimark USA; Rolf C. Hagan; Lacerta; Toyota Motor Sales USA- Boston Region; and Integra LifeSciences. There are also a number of new developments underway, such as the cutting-edge micro-fulfillment center Walgreens is constructing. “The Walgreens facility is a brand new, 60,000-square-foot building at 44 Cabot Boulevard. At this point in time, it’s their 11th micro-fulfillment facility in the country,” explained Dumas. “This project is highly sophisticated and supports the installation of $24 million in robotics equipment, the creation of 200 jobs, and $6 million in real estate improvements. We’ve supported this project by passing a tax increment financing agreement which equates to over $1 million in personal property tax incentives for the company over seven years.” The Town worked intimately with Walgreens’ associates to make that a reality. “Something else to consider about that project is the crucial role played by that quick turnaround time,” said Dumas. “It was noted very clearly by the Walgreens officials how efficient the Town could be at meeting their needs. That service was not met by anyone else in Massachusetts, or in neighboring Rhode Island.” Another major ongoing project involves a world leader in the medical devices field. This employer currently occupies two thirds of a 175,000-square-foot facility and will be taking over the last third – about 60,000 square feet of space – in the near term. “They are planning