Marlborough, MA, June 25, 2016 --(PR.com
)-- Two days after the Massachusetts Department of Transportation (MassDOT) Board of Directors approved a $14.8 billion 5-Year Capital Investment Plan (CIP), MassDOT Secretary & CEO, Stephanie Pollack, spoke about the plan in the City of Marlborough.
Pollack gave a presentation to about 80 officials, business leaders, and real estate developers, who gathered for the Marlborough Economic Development Corporation (MEDC) Founders Reception at the Marlborough Country Club yesterday.
Pollack’s presentation focused on a broader discussion about the state’s transportation system, but it also outlined at least $87.8 million worth of CIP projects to take place in Marlborough and the surrounding area. The projects and costs include:
- I-90/I-495 interchange reconstruction ($31.8 million)
- I-495 maintenance, signage, Intelligent Transportation Systems (ITS) for Marlborough, Hudson, and Berlin ($15.4 million)
- I-290 maintenance ($14.6 million)
- State Route 85 upgrades:
---1.1 miles of pavement street resurfacing and sidewalk reconstruction from John Street in Marlborough to Southborough town line ($5.2 million)
---Upgrading to current highway standards of the existing bridge carrying State Route 85 (Washington Street) over the Assabet River in Hudson ($5.7 million)
- U.S. Route 20 signalization improvements and resurfacing from Stevens Street in Marlborough to Landham Road in Sudbury ($11.5 million)
- Reconstruction of Farm Road in Marlborough ($3.6 million)
“As part of the MetroWest region, the City of Marlborough is an important transportation hub that connects Boston to the western parts of the state and also to the rest of New England and beyond," said Pollack. "That’s why it is important for us to continue investing in this area and its already well-developed infrastructure. Marlborough has experienced tremendous economic growth over the past few years, and that has resulted in increased use of the local and regional roads and highways. MassDOT’s 5-year capital investment plan provides for major improvements to these throughways and accommodates further growth, increased accessibility, and compliance with new safety standards.”
Celebrating 10 years since the MEDC’s establishment, last night’s event was also an opportunity for the organization to emphasize its own commitment to improving Marlborough’s local and regional transportation options, in order to continue developing the local economy.
“Our business community and residents have told us that they would like more access to public transportation in Marlborough,” said MEDC Director of Operations, Meredith Harris. “It is our job to listen to these concerns and address them as swiftly and as effectively as possible, so that our city and its businesses continue to grow and prosper. We have already started researching and gathering information on where Marlborough employees come from and how they get to work. Once we have collected and studied the data, we will use it to assist the city in improving its public transit system.”
Speaking to the audience, Harris outlined some of MEDC’s major milestones and contributions to the Marlborough economy over the past 10 years. Some of these include helping to create more than 5,000 new jobs since 2012 and lower the commercial vacancy rate to about 11%; attracting major life sciences headquarters, including GE Healthcare, Quest Diagnostics, and Hologic; and spearheading the rezoning of Downtown Marlborough into a mixed-use district.
For Stephanie Pollack's full presentation, go to: https://www.dropbox.com/s/gbxvehvxxiyz6q2/ACTIVE%20Marlborough%20Economic%20Development%20Corp%206.22.16.
For Meredith Harris' full presentation, go to: https://www.dropbox.com/s/95qx4fl9qahxqvh/2016%20Founders%20Reception%20-%20MEDC%20presentation.pdf.
For high resolution images from the MEDC Founders Reception, go to: https://www.dropbox.com/sh/rgqlzr0deijlkdx/AAD8IET82E20hEW1AJ5_PNdpa?dl=0.
The Marlborough Economic Development Corporation (MEDC) is the state chartered economic development corporation for the City of Marlborough, MA and represents a public-private partnership for planning. MEDC works with municipal and private investors to foster economic development, job growth and community revitalization and development.
For a complete overview of MEDC, visit www.MarlboroughEDC.com.