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12 Worcester Business Journal | Fact Book 2018 | wbjournal.com M e t r o W e s t R E G I O N S Each client's situa on is different and results may vary from those presented here CLIENT: FAMILY-OWNED RETAILER This convenience store and fuel retailer with an exis ng defined contribu on plan was acquired by a compe tor, resul ng in separate plans and service providers. Increasing their HR workload and exposing the company to addi onal risk, management knew they needed to consolidate plans and streamline administra on. Get the full story at hhconsultants.com/success Put our knowledgeable professionals to work for your business. We offer a full range of comprehensive actuarial, investment advisory and re rement plan consul ng services designed to iden fy, achieve and exceed each client's specific need. PLAN CONSOLIDATION TO GET FUELED UP OVER Community Minutes Average commute Hudson 27.6 Berlin 28.3 Framingham 28.8 Northborouth 28.9 Westborough 29 Littleton 29.3 Marlborough 29.4 Milford 29.5 Maynard 30.5 Ashland 31.3 Southborough 31.4 Bellingham 32.2 Natick 32.4 Wayland 33.1 Stow 33.6 Boxborough 33.9 Sudbury 33.9 Sherborn 34.3 Holliston 35 Franklin 35.1 Millis 35.3 Bolton 35.5 Acton 36.1 Hopkinton 37.6 Medway 38.5 Sources: U.S. Census Bureau 2011-2015 American Community Survey Community Avg. net worth Household average net worth Sherborn $4,443,178 Sudbury $3,598,534 Wayland $3,401,018 Bolton $3,079,931 Berlin $2,274,608 Southborough $2,273,971 Stow $1,935,925 Hopkinton $1,915,820 Holliston $1,868,790 Littleton $1,625,470 Northborouth $1,607,404 Boxborough $1,521,014 Natick $1,488,358 Medway $1,480,715 Ashland $1,363,343 Franklin $1,327,200 Millis $1,324,219 Acton $1,274,701 Westborough $1,145,031 Bellingham $1,083,074 Hudson $1,001,583 Framingham $930,554 Milford $825,673 Maynard $799,067 Marlborough $757,619 Sources: Esri's Updated Demographics, 2018 estimates, Esri Tapestry Segmentation, www.esri.com course, the service industry is resistant to competition in a way that retail isn't. "You cannot buy a haircut over Amazon," Gordon said. One strength MetroWest has is its diverse locations, he said. Where the eastern side, close to Route 128, offers easy access to Boston with high rents to match, the area around I-495 remains relatively inexpensive. Throughout the region, different buildings provide various arrays of amenities attractive to companies, depending on their unique needs. "Some people want to be near the Mass Pike exits," Gordon said. "Some people like signage or extra parking. Some want to be in buildings where they can network." Matthews said while the high-tech economy in the region has been booming since the 1980s, companies' space needs have changed. And devel- opers have responded. Atlantic Management of Framingham over- hauled the one-time Digital Equipment Corp. campus in Marlborough to house companies including GE Healthcare Life Sciences' North American headquarters. "It was a big office building sur- rounded by parking," Matthews said. The property is now a mixed-use development featuring residences and a hotel. And, thanks to an agreement with the City of Marlborough, it fea- tures bike-sharing as well, making it less dependent on cars. "That really epitomizes the next wave of development," Matthews said. Continued from Previous Page Jim Gordon, president, Gordon Real Estate W