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Key Takeaways:
High Costs & Business Climate: Massachusetts faces challenges with cost of living, ease of doing business, and energy costs. New state initiatives—like the Business Front Door, Mass Leads Act, and streamlined permitting—aim to improve competitiveness.
Energy & Infrastructure Pressures: Power availability is a major hurdle for CRE, especially for tough tech and advanced manufacturing. Infrastructure upgrades and closer collaboration with utilities are critical.
Adapting Buildings for New Uses: Traditional office and industrial buildings along the Route 3 corridor are being transformed into R&D, cleanroom, and hybrid spaces to meet evolving startup and university-driven demand.
Workforce & Housing Connection: Affordable housing and proximity to higher education are essential for sustaining CRE growth, with employers seeking locations where skilled talent can live and work outside of Boston.
Thank you to our keynote speakers:
Naomi Berlin, Assistant Secretary for Business Growth for the Commonwealth of Massachusetts
Ben Linville-Engler, Deputy Director and Chief Investment Strategist for Massachusetts Technology Collaborative
Thank you to our panelists:
Jay Carnevale, Senior Associate at Avison Young
Michael Olson, Managing Principal at Rhino Capital Advisors
Devin Gleeson, Vice President of Life Sciences at Timberline Construction
Kim Holloway, Associate Vice Chancellor for Research & Innovation Acceleration at UMass Lowell
Thank you to our moderator:
John Curran, Town Manager of Tewksbury
Thank you to Rubenstein Partners and Rhino Capital Advisors for hosting & sponsoring this event! Interested in learning more about The Center at Innovation Drive? Click here.
Thank you to our summit sponsors : Bergmeyer, Haynes Group, HUB International, Maugel DeStefano Architects, Northmarq, Riemer & Braunstein, Solect Energy, Timberline Construction, and U.S. Pavement Services, Inc..
Thank you to our amazing exhibitors.