ECONOMIC DEVELOPMENT

Congratulations on your decision to start or expand your business in the City of Woburn! Woburn is an excellent location to start a business. The City has a thriving economy and our community's spirit of innovation and collaboration fosters an atmosphere of possibilities. Whether you're a startup looking to make your mark or an established company seeking new opportunities, Woburn provides the perfect blend of resources, networks, and a welcoming community to thrive in. Welcome to Woburn!

Why Woburn

Centrally located at the intersection of Rt. 128 and 93, Woburn serves as a hub of innovation. With a strategic location, a skilled workforce, and a professional permitting staff, the city is an ideal destination for those seeking to establish their presence in the Greater Boston area. Woburn is business-friendly with a thriving life sciences sector, state of the art office parks, and a diverse mix of small businesses, which makes it an attractive place to work and live. The City is committed to promoting a high quality of life for its residents and businesses through various initiatives, programs, and amenities. With its strong economy, diverse business landscape, and focus on quality of life, Woburn is a great place to work and live.

WOBURN AT A GLANCE
$cell['table_cell_icon']['alt'] POPULATION 40,297
$cell['table_cell_icon']['alt'] MEDIAN AGE 39.7
$cell['table_cell_icon']['alt'] MEDIAN HOUSEHOLD INCOME $92,084
$cell['table_cell_icon']['alt'] MEDIAN PROPERTY VALUE $486,600
$cell['table_cell_icon']['alt'] WORKING EMPLOYEES 22,559
$cell['table_cell_icon']['alt'] BOND RATING AAA
$cell['table_cell_icon']['alt'] BIOREADY COMMUNITY LEVEL PLATINUM
$cell['table_cell_icon']['alt'] NUMBER OF BUSINESSES 3,791
Data sourced from 2020 census
Woburn in the News

The Phanton Gourmet is spotted in Woburn 

Located on Main Street in Woburn, The Fox Den is a lively local spot filled with warm woods and lots of fun fox décor.

Woburn in the News

BioProcure/Prendio takes No. 1 on the list of medium-size businesses

This Woburn-based company has established an environment that’s dynamic and engaging.

Woburn in the News

At The Restaurant in Woburn, cracking eggs and jokes

Sometimes, you need a good diner. And a good laugh.

Woburn in the News

Woburn “green steel production” company raises Massachusetts’ largest Series C this year

Nearly nine months after announcing the first close of its Series C fundraising, Boston Metal announced an even larger tranche to finish out the round.

Woburn in the News

Housing solution: turn old strip malls into new housing

Woburn added hundreds of new apartments to an old mall; planners say communities across Massachusetts could do the same…

Woburn in the News

Woburn drone maker aims to replace the crop duster

Guardian Agriculture has raised $20 million for an expansion…

Featured Initiative

WOBURN’S “GELLY” SITE IS TRANSFORMING INTO “THE VALE”

After years of careful planning, Woburn’s former Kraft Food Site has new life…

Woburn in the News

ABC’S CHRONICLE FEATURES NEW WOBURN RESTAURANT CREATING QUITE THE STIR

The Italian word for dream, Sogno serves classic dishes from many of Italy’s diverse regions. The Woburn restaurant is an extension of owner Ron Martignetti’s home and his heart…

Woburn in the News

RETHINKING THE RETAIL STRIP

The old Woburn Mall has been transformed into the “Woburn Village” and is a model for repositioning tired retail area…

http://Rendering%20of%20the%20Woburn%20Village
Woburn in the News

THE CITY OF WOBURN HIRES THEIR FIRST ECONOMIC DEVELOPMENT STAFF

Casey Hagerty has been name the City of Woburn’s Economic Development Manager position and made her first official appearance before a city board last night when appeared in a virtual/online meeting before the Woburn Redevelopment Authority…

FREQUENTLY ASKED QUESTIONS

The Commercial, Industrial, and Personal Property (CIP) tax rate for fiscal year 2023 is $21.14

Woburn has zoning laws and regulations that determine which types of businesses are allowed in which areas. It is always best to consult with City Hall staff  to determine whether your business is allowed and what specific steps you need to take to comply with any regulations.

Economic Development staff can provide guidance on various aspects of starting a business, such as licensing and permits, financing, and marketing. Reach out to them for assistance in understanding the specific steps required to open your business in Woburn.

Review the Zoning Code Use Table

Each business is unique and requires different permits. It is best to contact Economic Development Staff early so they can coordinate with the Inspectional Services Department to determine exactly which permits your business will need.

Depending on the type of establishment and proposed location, you may need a Special Permit from the City Council.

If you plan on doing any construction in your space, you will need permits from the Inspectional Service Department.

Businesses that serve food will require permits from the Health Department.

If you would plan to serve alcohol at your business, you will need permits from the License Commission.

Businesses may also need to apply for a Business Certificate from the City Clerk’s Office

Review the list of commonly required permits. 

Yes! There are a range of available properties in all parts of Woburn. Economic Development Staff is aware of available properties in the City and can help connect you with land lords and brokers.

Woburn offers a variety of programs and incentives to companies doing business here. We’d love to help you take advantage of any of the opportunities listed below. Reach out to the Economic Development Office for more information about any of these programs.

The Woburn Chamber of Commerce

The Small Business Administration 

Massachusetts Growth Capital Corporation (MGCC)

Middlesex 3 Coalition

Massachusetts Office of Business Development

MassDevelopment

The Woburn Redevelopment Authority (WRA) offers matching grants for signs and loans for façade improvements within the Woburn Center area. The matching grants will fund up to $2,000 for signs and up to $15,000 for façade improvements. Economic Development Staff works closely with the WRA to administer the Storefront Improvement Program and can help you apply or answer more questions about the program.

LATEST ECONOMIC DEVELOPMENT NEWS

Posted on
MAR 25TH 2024

Read the March Economic Development Newsletter

The Economic Development newsletter will be sent out monthly and will include updates about events and activities in the...
Posted on
FEB 27TH 2024

Read the February Economic Development Newsletter

The Economic Development newsletter will be sent out monthly and will include updates about events and activities in the...
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