New Boston Street Area Economic Development Study Released

New Boston Street Area Economic Development Study 

The City of Woburn recently completed a preliminary analysis of economic conditions in the New Boston Street industrial area.  Utilizing State funds, the City hired the Metropolitan Area Planning Council (MAPC) to study the New Boston Street area and to make recommendations in terms of future actions the City could undertake to support the 370+ businesses in the district. 

The effort involved researching existing conditions and holding discussions with some of the owners and 5,000+ employees of the district’s businesses at a February breakfast meeting sponsored by Mayor Scott Galvin.  (Many thanks to Joseph’s Catering for donating the meeting space.)  Participants were updated on current plans for the New Boston Street bridge (slated for construction in 2021) and were asked to respond to a survey designed to assess employee and employer needs. 

The results of the preliminary analysis are embodied in the Study Memorandum below dated 6/26/2018.  The preliminary findings and recommendations in the Memorandum will serve as a blueprint in terms of next steps the City can take to encourage and sustain the continued economic health of the New Boston Street industrial district.

New Boston Street Presentation (Dated February 9, 2018)

New Boston Street Economic Development Study