Although it finally got its first tenant when an existing neighbor, Absolute Machinery expanded, there are five remaining parcels with an assessed value in excess of $2,000,ooo that encompasses approximately 400,000 square feet:
- 65 Armory Street
- 49 Canterbury Street
- 26 Southgate Place
- 25 Southgate Street
- 0 Southgate Street
SWIP
The hope twenty years ago, when this was conceived, was that this Industrial Park would bring jobs and add to the Commercial Tax Base. Again, other that the recent development with Absolute Machinery there are no taxes paid on any of these parcels. Yes, there has been investment back into the local area after Absolute Machinery got Richmond dock doors and other equipment installed into their buildings. But other than that, it hasn’t been as much of an impact as people hoped.
Not sure how to even make a guess on this one??
The former site of the Webster House, 1 Webster Street, the taxes now will run approximately $4,500 per year when they were approximately $25,000.
Rolling total of this property and previously reviewed properties:
- 590 Southbridge Street (J & J Truck): 15,000/yr taxes
- 9 Piedmont Street (Manoog): 20,000/yr taxes
- 333 Pleasant Street (Demers): 25,000/yr taxes
- 150-152 Goddard (Emuge) : $45,000/yr taxes
- 60 Mason Street (Redemption): $30,000/yr taxes
- 5 Blackstone River Road (Penecost USA): $30,000/yr taxes
- 119 Dewey Street (Mount Zion): $7,000/yr taxes
- 1 Webster Street (Webster House-demolition); $20,000/yr/taxes
- South Worcester Industrial Park: 5 empty parcels with 400,000 of land paying no taxes
Total = $191,000 per year plus South Worcester Industrial Park
