The proposed major mixed-use development associated with Greatland Realty Partners – a Boston-based commercial real estate developer – would generate over $2 million in gross new annual revenue for the city, according to the firm. Once the costs to the city are factored out, net new annual revenue is estimated at $1.6 million, the firm claimed.
Developer: 400-unit mixed-use project would net Marlborough $1.6M in net new annual taxes
