When deciding to sell your home,
increasing the value is one of your first priorities. If living in a community
where redevelopment has taken place, you should definitely be excited as this
can raise your property value. And, if you’re not planning on selling your home
anytime soon, you can still benefit by staying in a community where commercial
redevelopment is taking place. If you are located near 45 Kenwood Circle in
Franklin, Ma, then you can start getting excited about these possibilities.
A partner of the Green Site Services Group in Bellingham, MA, dubbed TMC
Holdings and Development, LLC, has decided to redevelop land along the property
acquired. They have 7.49 acres of space with a former glass recycling building
owned by Strategic Materials, and have decided to to redevelop this area to fit
in with the community’s current needs. A 50,000 square foot industrial building
will be constructed after the glass building is demolished.
This area of Franklin, MA has been in need of redevelopment or quite some time;
industrial space is typically a good sign for community improvement. This land
was not in use and only housing an abandoned building; however, once the
construction is complete, this could possibly open the doors to new businesses
to move in, with job offerings in tow. This particular building was considered
a nuisance among the community and even even caused environmental issues that
many local residents did not approve of. Demolishing and constructing a new
building will presumably make the town look more aesthetic, and Green Site
Services is planning to utilize eco-friendly practices as well.
Businesses are quite excited for this new change to occur, as well as the
current residents residing in the area. Those wishing to stay will benefit from
new jobs and business, while those already planning to leave will see a spike
in their property value. The plans to redevelop this area of Franklin has only
brought good news so far. The construction of this building will be between
Exits 16 and 17, which is highly accessible and a short distance from the
station. There are businesses occupying the nearby areas already, including
Dell/EMC, Garelick Farms, and a few others.
Franklin, MA has been a great choice for businesses to move into due to their
pro-business stances and low tax rates. The fact that more and more businesses
are adding this area to their list should be a great sign. The more you attract
new industrial companies, the more jobs you create for the locals to work.
Hopefully this winning streak will keep up and the community will continue
development into something much more grand than it’s already turning out to be
now; however, it will take a lot of support from the local community to make
this happen. Businesses may not know the space and opportunity Franklin, MA has
to offer, so getting the word out and inviting new companies to invest in the
area will benefit both the residents of Franklin and the companies.