Marlborough, MA, May 26, 2017 --(PR.com
)-- The Apex Center of New England, a unique commercial mixed-use development in the City of Marlborough, is expected to create 1,600 permanent jobs when it opens in October, in addition to the approximately 400 temporary jobs it has already created during construction.
The 475,000 square-foot Apex Center is among the largest developments currently underway in MetroWest and one of the biggest to come to Marlborough in the past decade. When completed in the fall of 2017, the development will consist of 11 buildings, including a 150,000-square-foot entertainment complex, two hotels, six restaurants, retail stores and office buildings. Over 96% of the space has already been leased and once it is fully operational, the Apex Center is expected to create 800 full-time and 800 part-time jobs.
Massachusetts Lieutenant Governor Karyn Polito announced the job numbers while touring the entertainment center project site yesterday, alongside developer Robert Walker, Marlborough Mayor Arthur Vigeant, Marlborough Economic Development Corporation (MEDC) executive director Meredith Harris and other local officials. The tour was organized on Polito’s recommendation, after the Commonwealth of Massachusetts awarded a $3.05 million MassWorks Infrastructure Program grant to the city in November 2016. The grant will fund roadway improvements along Route 20 West, including new turn lanes and upgraded signals, to support the Apex Center.
“This is a proud moment for our Commonwealth,” said Polito while speaking at yesterday’s event. “My colleagues in the legislature and city officials and the municipal government here are coming together with the private sector to unleash an incredible opportunity here. While there is a lot of activity in eastern Massachusetts, in our capital city, seeing this level of investment and activity in the heart of our Commonwealth is really profound, and it’s a real testament to the city’s leadership. When you have a private business owner, who wants to come forward to do something in a community like this, when he comes to City Hall and you have a full team ready and open for business, it makes his decision that much easier as to whether to invest here or somewhere else. So, it’s a real credit to Marlborough for really signaling to the business community that its wants to see this kind of activity and that it’s ready to take it on as a community. What you are creating here in Marlborough is an opportunity for the next generation to stay in the community, where students can graduate, go into the workplace and find all that they need right here in the city - great education, great jobs and a great place to live, work and raise a family. Congratulations on your success story.”
“Part of the reason we’re here is because of the Lieutenant Governor and MassWorks and Secretary Ash’s confidence in the city, as well as the City of Marlborough’s commitment,” Walker said. “We wouldn’t be here without the support of the city; they have been very welcoming. When you invest hundreds of thousands of dollars, sometimes millions, into a city, you bring those very important jobs of every aspect. From entry level, all the way to management and ownership. A lot of these folks here are independent owners of their own business, which gets me excited every day to see someone be able to grow and prosper and bring someone up along with them. It’s quiet a success story.”
"It’s going to be about 15 months from the day the project broke ground to the day the first facility at the Apex Center opens this fall," Vigeant said. “That is a fantastic achievement. I can’t thank Robert Walker and Ryan Development enough for bringing such a major and unique development to the City of Marlborough and following through on their commitment to build quickly and bring jobs for our residents.”
“The Apex Center development is a clear indicator of the health of the Marlborough economy,” Harris said. “A project of this size and scope can only thrive in an environment that is welcoming and prospering. We look forward to seeing the Apex Center open in the fall and, not only bring new amenities to the region’s residents and employers, but create new jobs for our local community. And if all 1,600 jobs go to Marlborough residents, we could virtually eliminate unemployment in the city.”
For high resolution images from the tour, go to: https://www.dropbox.com/sh/p7g57z5sc5uustn/AACTYNWxv0IXIePc7aVsuCs0a?dl=0
For more information about the Apex Center of New England, go to: http://www.apexcenterne.com.
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. For a complete overview of MEDC, visit www.MarlboroughEDC.com.