Worcester Business Journal

www.wbjournal.com • Worcester Business Journal • 2021 Economic Forecast 33 To learn more, visit one of our branches or give us a call at 770.420.7700. Now, and always, we're here for you Rockland Trust has options that make your banking easier: • 160+ ATMs • Free access to thousands of ATMs through the SUM network 1 • Free online banking with bill pay • Free mobile banking 2 • Free mobile check deposit GRAFTON ST STOP & SHOP CASPER ST PAPA GINO'S GOODYEAR AUTO 967 GRAFTON ST DALTON ST BALDWIN ST ARCADIA ST 1. Rockland Trust may charge you a fee for the use of another bank's ATM. 2. Mobile banking is offered as a free service of Rockland Trust. You may incur and are responsible for any charges assessed by your mobile carrier. Contact your mobile carrier for more information. Member FDIC Now open at 967 Grafton Street Also visit us at our 301 Grove St location BRANCH HOURS Mon - Thu Fri Sat 8:30 A.M. - 5:00 P.M. 8:30 A.M. - 6:00 P.M. 8:30 A.M. - 1:00 P.M. Extended banking hours with Live Teller Services! VIDEO TELLER HOURS Mon - Fri Sat Sun 7:00 A.M. - 7:00 P.M. 8:00 A.M. - 4:00 P.M. 10:00 A.M. - 4:00 P.M. Boston developer moving forward on $500M Devens life science complex Originally published Nov. 24. See the full version at WBJournal.com. King Street Properties, a Boston development firm that bought three Devens sites this year, is planning a $500-million life sciences complex in a boon to the former military base. King Street is planning to begin construction nearly next year on the first of five buildings to total 700,000 square feet of space for drug-mak- ing operations for pharmaceutical companies, with a hope of landing businesses whose headquarters or research-and-development arms are in places like Boston or Cambridge. King Street's plans will add to Bristol Myers Squibb's pharmaceu- tical facility in Devens as the former military base, now largely controlled by the state agency MassDevelop- ment, works to build itself out as a major business hub in North Cen- tral Massachusetts. Steve Lynch, a co-owner of King Street, said Tuesday the firm was attracted to Devens because of an expedited permitting process, available land and utilities and investments made in the site by MassDevelopment. King Street has paid $7.4 million for three properties in Devens: 45 Jackson Road, a 22-acre site with the zoning potential for 350,000 square feet of development space, including for offices, research and development, or light industrial use; 75 Jackson Road, which spans 11 acres and has the potential for 200,000 square feet of similar uses; and 57 Jackson Road, which includes a 22,500-square- foot office building and 6.8 acres for expansion. Top biotech stories from 2020 WuXi finalizes $60M Worcester deal Originally published May 18. Read the full version on WBJournal.com. WuXi Biologics, a life sciences com- pany slated to anchor a new complex in Worcester, has closed on a deal with the property owner, the Worcester Business Development Corp. e WBDC announced the agree- ment Monday evening with WuXi, a Chinese firm looking to build its first major facility in the United States. e facility, which would make Worcester a bigger player in the state's life sciences field, is planned to open in 2022. WuXi bought the Belmont Street site for $1.5 million. e company, a con- tract manufacturer making products for clients and partners, is proposing a 107,000-square-foot, two-story facility employing 150 people. Marlborough approves deal for $115M facility Originally published Nov. 19. See the full version on WBJournal.com. California's Revance erapeutics has secured a tax increment financing agreement with Marlborough to cover a planned $115-million new construc- tion with the company committing to the creation of 76 jobs. e biotechnology company plans to open its new office and manu- facturing facility in the city, with a 79,000-square-foot building and park- ing facilities to be built in the lots of 100, 110, 250 and 350 Campus Drive. e company will make $115 million in improvements to the property. ese improvements, and not the existing value of the property, will be the tax- able property covered by the deal. The rendering of the proposed $500-million biomanufacturing campus in Devens from King Street properties W PHOTO/COURTESY OF KING STREET PROPERTIES

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