Business & Tech

Mayor to Meet With Business Leaders to Talk Future of Centennial Park

The mayor and his business council will meet with business executives in Centennial Park this week to discuss key issues for the city's business park.

Mayor Ted Bettencourt is inviting business leaders within Centennial Park to discuss the future of the city's signature business park with him and a panel of economic advisers this week at the Peabody Marriott.

Bettencourt says it's an opportunity for park executives to discuss key issues with him and members of his Economic Development Council, hear the latest on efforts to revitalize the park and an a chance to network with other business leaders.

“Engaging those who already have a stake in Centennial Park’s success is critical to our efforts to attract new business there,” Bettencourt said. “Their ideas, knowledge and experience are invaluable to us and will help provide a road map for the way forward.”

The city has been pursuing a number of changes for the park in recent months, most notably allowing more business uses. That zoning change paved the way for the new Centennial Crossing development on First Avenue, which is the largest expansion of the park in years, says Bettencourt.

The 40,000-square-foot combined retail and office complex is expected to be ready for occupancy this spring, and a medical office is already lined up.

Ultimately, the developers hope to attract a restaurant, coffee shops, personal service businesses, studios and other shops.

Bettencourt formed a business council early in his administration to look more closely at key areas of the city, such as the downtown, Route 1 and Centennial Park. The council is made up of local business leaders, city officials and residents.

The reception at the Marriott, which is located in the park at 8A Centennial Dr., is this Wednesday from 5-7 p.m.


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