Economic Development Advocacy

A Collaborative Approach

In the words of longtime CEO Kevin O’Sullivan, Worcester has the “Collaborative Gene” as evidence through the City of Worcester’s Economic Development Coordinating Council (EDCC).  As part of this collaborative approach to economic development, the City of Worcester, Worcester Business Development Corporation, Worcester Regional Chamber of Commerce, and MBI meet every Friday in the City Manager’s Office to discuss economic development priorities, projects, and opportunities.

From Kendall Square to Lincoln Square

MBI promotes a strategy of complementing the Massachusetts Life Sciences Cluster, not competing with it.  Central Massachusetts is a prime opportunity for:

• Startup Companies
• Biomanufacturing
• Contract Research Companies
• Early Stage Drug Discovery

These companies can benefit from the region’s Competitive Advantages & Access described more fully here.

Worcester Development Opportunities

Interested in locating in Central MA?  MBI is here to help.  We would be happy to assist any companies interested in the area in connecting with the right opportunities and community leaders.

Ballpark Biotech Options

One of the most exciting opportunities in Worcester is the Ballpark Biotech Building.  The 200,000 SF building will be located steps away from Polar Park, the new home to the WooSox, the Red Sox’s AAA Affiliate.

The Reactory, Worcester’s Biomanufacturing Park

This 46-acre campus features eight pad ready sites for biomanufacturing companies.  Located adjacent to AbbVie, home of Humira, the UMass Medicine Science Park, and the UMass Medical School, the site provides great access to Worcester amenities as well as quick access to Cambridge.

More information on the Reactory can be found here.

Gateway Park Master Plan

Home to three of MBI’s four locations, Gateway Park was a Master Planned  mixed use community developed by WPI and the WBDC.  Now controlled by WPI, the project includes two new buildings totaling 225,000 SF with several additional development pads.

UMass Medicine Science Park

Developed as the first Biotech focused Research Park in the Commonwealth, the UMass Medicine Science Park, originally known as the Massachusetts Biotechnology Research Park, has over 1,000,000 SF of existing biotech laboratory space.

The MBI Team Is Your Team.

If you are interested in the area, please do not hesitate to reach out to Jon Weaver, President & CEO, to discuss opportunities for your company to grow in the region.