Marlborough 2010 Corp Renamed Marlborough Economic Development Corporation (MEDC)

Marlborough, MA, February 05, 2010 --(PR.com)-- Marlborough 2010 Corporation the state-chartered economic development corporation for the City of Marlborough has been renamed Marlborough Economic Development Corporation (MEDC). This was announced at the annual meeting held on January 27 at the Best Western Hotel. Mayor Nancy Stevens and the MEDC board chairman Michael Hogan both spoke on the occasion highlighting past achievements and outlining future plans.

MEDC represents a public-private partnership for development in Marlborough. It works with municipal and private investors to foster economic development, job growth and community revitalization and development in the city. MEDC’s mission is to provide vision and advocacy for the smart development of the city in order to enhance the community’s quality of life through balanced economic, housing, and cultural development. MEDC works towards strengthening partnerships among all levels of government, business and all organizations in the greater Marlborough region for the purpose of maximizing civic, social and economic growth opportunities for the City.

Working with numerous state and regional planning organiza­tions, Marlborough Economic Development Corporation will strive to attract large-scale invest­ment from industries such as high technology, renewable en­ergy, life sciences, and national security/defense.

According to Executive Director Marilyn Whalley, the organization’s goals for the year include marketing, outreach, business services, furthering city partnerships and advocating for workforce training opportunities. "The name of the game in the next year is business retention," said Whalley, who joined the organization after spending five years as the Community and Economic Development Director in Wareham. “We need a refocused effort to highlight this city's current businesses and attract new ones. It will be important for the organization to reach out to businesses in the city and ensure they are included in discussions about the future of Marlborough.”

The MEDC will work closely with the City to implement a Sign and Façade Program focused on downtown which has a budget of $75,000 toward business improvements. MEDC is also assisting the City in marketing its five priority development sites which if sold and redeveloped, will guarantee an expedited permitting decision on any proposed development at the site.

The MEDC board also hopes the results of a one-year study conducted by Tufts University's Urban and Environmental Policy and Planning department will help define future goals for downtown Marlborough. Four Tufts graduate students were assigned to the project. They studied four communities in the state including Amesbury, Hudson, Leominster and Waltham and compared them to Marlborough. Some recommendations from the study included having city-sponsored community events to draw people to the downtown area, implementing signage around the city to create a sense of accessibility and branding, promoting outdoor restaurant seating and public art.

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About MEDC
MEDC is the state chartered economic development corporation for the City of Marlborough, MA and represents a public-private partnership for planning. It works with municipal and private investors to foster economic development, job growth and community revitalization and development in the city.

Its mission is to provide vision and advocacy for the smart development of the city in order to enhance the community’s quality of life through balanced economic, housing, and cultural development. MEDC works towards strengthening partnerships among all levels of government, business and all organizations in the greater Marlborough region for the purpose of maximizing civic, social and economic growth opportunities for the City.

Working with numerous state and regional planning organiza­tions, MEDC strives to attract large-scale invest­ment from industries such as high technology, renewable en­ergy, life sciences, and national security/defense.

MEDC aspires to be recognized as one of the Commonwealth’s most aggressive, visible and effective promoters of local economic development.

Media Contact:
Ajita Perera
aperera@marlboroughedc.com
Tel: 508 229 2010
Contact
Marlborough Economic Development Corporation
Ajita Perera
508 229 2010
www.marlborough2010.com
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