Taunton Celebrates Infrastructure to Support Business Park at Myles Standish
August 12, 2016
FOR IMMEDIATE RELEASE
Contacts:
Meggie Quackenbush, MassDevelopment, 617-330-2011 & 857-208-2777 (cell)
mquackenbush@massdevelopment.com
Alyssa Haggerty, Office of Mayor Hoye, 508-821-1000
ahaggerty@taunton-ma.gov
Sarina Tracy, Office of Sen. Pacheco, 617-722-1551
sarina.tracy@masenate.gov
Taunton Mayor Thomas C. Hoye, Jr., Sen. Marc R. Pacheco, MassDevelopment Executive Vice President of Real Estate Richard Henderson, and Taunton Development Corporation President Louis Ricciardi today celebrated the opening of Dever Drive and the Charles E. Crowley Memorial Garden at the Business Park at Myles Standish in Taunton. The Business Park is an expansion of the nearby Myles Standish Industrial Park, and has attracted businesses like Sullivan Tire, Columbia Gas and Martignetti Companies. Dever Drive will provide a gateway to the Business Park and create access to four new development sites that total 34 acres. The Charles E. Crowley Memorial Garden is named in honor of former Taunton Mayor Charles E. Crowley, who played a significant role in preserving the history of the site.
“This project is a great example of a successful public-private partnership and economic development at its best,” said Taunton Mayor Thomas Hoye. “The City is grateful for the hard work of MassDevelopment, the Taunton Development Corporation and our federal, state and local legislators, especially former Mayor Charles Crowley, for their dedication and commitment to this project.”
“To me, the expansion and development of the Myles Standish Industrial Park and its newly created Business Park has always been about job creation,” said Senate President Pro Tempore Marc R. Pacheco (D-Taunton). “The completion of Dever Drive marks one more milestone in our journey to improve the economy of Taunton and, indeed, the economy of the entire Southeastern Massachusetts region. I have been honored to play a leadership role in this fight for job creation, and I am pleased to work with MassDevelopment as we look forward to further developing the Myles Standish site to its full potential.”
This $4.9 million expansion of the Myles Standish Industrial Park was financed with a $3 million MassWorks grant from the Massachusetts Executive Office of Housing and Economic Development, a $1.6 million grant from the U.S. Economic Development Administration, and a $300,000 contribution from the Taunton Development/MassDevelopment Corporation, a nonprofit created by the Taunton Development Corporation and MassDevelopment to help the site realize its full potential. The Business Park is located on the site of the former Paul A. Dever State School, which closed in 2002. MassDevelopment and the Taunton Development Corporation, along with local legislators, partnered in 2012 to redevelop the 220-acre site.
“It’s been a pleasure working with the City, the Taunton Development Corporation, Sen. Pacheco, and local legislators to help this formerly vacant site reach its full potential,” said MassDevelopment Executive Vice President of Real Estate Richard Henderson. “The Business Park builds on the success of the Myles Standish Industrial Park, and will continue attracting new jobs and businesses to the area, providing a boost to the local economy.”
MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth. During FY2015, MassDevelopment financed or managed 294 projects generating investment of more than $2.5 billion in the Massachusetts economy. These projects are projected to create about 6,100 jobs and build or rehabilitate about 2,000 residential units.
