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The Boston Globe

West

Needham

Town Meeting to consider tax break for TripAdvisor

Needham Town Meeting will vote Monday whether to grant a major tax break to Trip­Advisor LLC to lure the online travel company to relocate to the New England Business Center,  a move town officials are calling a “game changer” that could transform the slow-growing office park into a hub of high-tech innovation.

“This park is on the verge right now,” said Jerry Wasserman, the Board of Selectmen’s chairman. It voted unanimously on Nov. 14  to support a tax increment financing plan  for TripAdvisor; the arrangement requires Town Meeting approval. “The whole idea is to fill the park. We do believe this is a major step toward doing that.”

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