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Communities are focusing on commercial properties along Rte. 128 to lure developers to office parks and reap the tax revenue

By Scott VanVoorhis

 |   

  January 22, 2012

These are tough times indeed for cash-strapped towns across Massachusetts. But as communities along the 128 beltway go prospecting for new tax revenue, they are suddenly finding a rich vein in long neglected office parks and commercial properties along New England’s most vibrant commercial thoroughfare. Needham is the latest to make this discovery, as it wraps up the revamp of one aging 1950s office and now launches into another potential redevelopment of valuable land along the highway.

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