https://businesspittsfield.com/wp-content/uploads/2024/08/Press-release-Site-9-Redevelopment.pdf

PITTSFIELD – The City of Pittsfield, Pittsfield Economic Development Authority (PEDA), and Mill Town Capital announced today a comprehensive plan to develop a portion of the William Stanley Business Park along with an adjacent parcel on Kellogg and Woodlawn Avenues. This plan includes new office space for local businesses, a housing development, and commercial retail space.

PEDA and the City of Pittsfield have diligently worked over the last several years to secure an $11 million dollar investment to prepare Site 9, a 16.5-acre parcel in the heart of the Tyler Street neighborhood, for future development. Over the past year, PEDA, the City and Mill Town have collaborated to develop the next phase for this vital site.

Mill Town intends to purchase 4.7 acres of Site 9 in the William Stanley Business Park for the construction of an office building, with additional space available for future development. PEDA will retain ownership of the remaining acres of Site 9, with Mill Town supporting the recruitment of future developers. Additionally, Mill Town will acquire a 3-acre parcel on Woodlawn Avenue and Kellogg Street for future housing and retail development.

The development vision includes:

• A commercial building with upwards of 20,000 square feet of space spanning two stories, expected to house at least three local businesses, contributing to new jobs and generating a multi-million-dollar economic impact.

• An exploration of new housing development on the site of the former PEDA Headquarters including the pursuit of an extensive mixed-use residential and retail development featuring a mix of affordable, market rate, and units for home ownership.

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