Worcester Business Journal

June 24, 2024

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22 Worcester Business Journal | June 24, 2024 | wbjournal.com Simply Beter. Member FDIC Member DIF Call one of our experienced commercial lenders at 800-649-3036 or email us at commercial@saversbank.com. YOUR BUSINESS, OUR PRIORITY Providing Custom Solutions to Businesses of Every Size Highest Worcester property taxpayers Ranked by total taxes year 2024 ((11)) Property owner Total taxes/ assessed value Real estate taxes/ assessed value Personal property taxes/ assessed value Property type/ property use property use Current tenant(s) 1 National Grid - Mass. Electric multiple locations $13,095,777 $435,944,651 $466,021 $15,513,351 $12,629,756 $420,431,300 Commercial Office building, cold storage, commercial land, electric substations, warehouse National Grid - Mass. Electric 2 NSTAR Gas Co. multiple locations $10,309,737 $343,200,300 $122,077 $4,063,800 $10,187,660 $339,136,500 Commercial Office building, gas pressure stations, enclosed lots ((22)) NSTAR Gas Co. 3 VHS Acquisition Subsidiary 123 Summer St., 1 Eaton Place and 20 Washington Square $4,111,365 $136,863,000 $3,587,467 $119,423,000 $523,898 $17,440,000 Health care Private hospital, office building, parking garage Saint Vincent Hospital (3) 4 Worcester TC LLC 100 Research Drive $2,480,108 $82,560,200 $2,480,108 $82,560,200 $0 $0 Commercial Research and development AbbVie Inc. 5 440 Lincoln Street Holding 440 Lincoln St. $2,040,140 $67,914,100 $2,040,140 $67,914,100 $0 $0 Commercial Office building, parking garage The Hanover Insurance Group Educators Insurance Agency 6 Agree Limited Partnership 525 Lincoln St. $2,018,760 $67,202,400 $2,018,760 $67,202,400 $0 $0 Commercial Athletic club, shopping center, restaurant Lowe's Stop & Shop Target (and additional tenants) 7 New England Power Co. multiple locations $1,912,734 $63,672,900 $208,511 $6,941,100 $1,704,223 $56,731,800 Commercial, Industrial Electric plant, electric substations, industrial land ((22)) New England Power Co. 8 Verizon multiple locations $1,700,148 $56,652,100 $422,715 $14,127,700 $1,277,433 $42,524,400 Commercial Telephone and electric substations, cell towers, office building ((22)) New England Telephone Verizon 9 MC Roseland Worcester LLC 145 Front St. $1,252,267 $81,427,100 $1,252,267 $81,427,100 $0 $0 Commercial High rise apartment 145 Front at City Square 10 Audubon Plantation Ridge LLC 505, 507 & 509 Plantation St. $1,096,454 $79,628,700 $1,093,579 $79,533,000 $2,875 $95,700 Commercial High rise apartment Audubon Plantation Ridge Source: City of Worcester (1) Includes real estate taxes and personal property taxes (2) Some lots are vacant. (3) Part of Tenet Healthcare Corp. -Compiled by: Heide Martin, hmartin@nebusinessmedia.com T H E L I S T

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