The Northborough Select Board meeting on March 25, 2025, highlighted significant developments in local economic growth and community engagement. A key focus was on a major renovation project for a 100,000 square foot building, which is expected to create over 60 jobs and enhance the local economy.

The project, currently in the design phase, involves a comprehensive renovation estimated to cost around $90 million. The renovations aim to transform the existing space into modern laboratories that support innovative research and development. Plans include structural upgrades, sustainability enhancements, and the addition of 10,000 square feet of new space. The initiative is part of a broader strategy to attract talent from local universities, including MIT and UMass Amherst, and to foster collaboration with emerging startups in the region.

In addition to job creation, the project is projected to have a substantial economic impact. The center currently attracts approximately 6,500 visitors annually, with many spending nights in local hotels and dining at nearby restaurants. This influx is expected to increase with the renovation, potentially raising the property tax contribution from $250,000 to approximately $1.3 million.

The meeting also addressed community outreach efforts, including employee volunteer programs and donations to local organizations, which have totaled over $32,000 in the past five years. These initiatives reflect the company's commitment to giving back to the Northborough community.

As the project moves forward, the company is preparing to present its funding request to stakeholders, emphasizing the long-term benefits of innovation over immediate revenue generation. The Select Board expressed support for the project, recognizing its potential to enhance the local economy and community well-being.