South Shore and Southeastern MA have some huge economic development projects in the works. The projects include both the public and private sector and will create hundreds of temporary and permanent jobs. Not only jobs will jobs be created but also revenue from construction of buildings and a bunch of other sources.
So now you ask, what are the projects? If you don’t already know, they include the South Coast Rail expansion, the redevelopment of the Weymouth naval station and the redevelopment of Quincy Center. There are also some other medium-sized projects like the expansion of Myles Standish Industrial Park in Taunton and the redevelopment project of Weymouth Landing. In addition there are numerous stand-alone projects in the works all over the region like a new Wal-Mart supercenter in Raynham, a new Compass medical building in Middleboro and a new 180,000 square foot office building for Meditech in Fall River. When all of them get rolling, the Metro Boston South region will experience a surge in population and new business like nowhere else in Massachusetts.
Even though the current economy is not showing a lot of signs of improvement, the region is becoming an attractive destination for businesses looking to expand or establish a new location. Seeing this amount of capital investment into the regional infrastructure and economy will have both immediate and long-term benefits. When we come out of this flat business cycle, the region will be transformed like never before.
