EDIC- Gloucester , MA

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economic development Archives - EDIC- Gloucester , MA

EDIC Asseses Kondelin Road Expansion Feasibility

The attached report provides a master planning approach to developing the parcels, and provides recommendations and estimated costs for the development of infrastructure. The report also includes a pro forma financial analysis for the development of 400,000 square feet of manufacturing/industrial space.

Final Kondelin Road Expansion Feasibility Report_2023

 

EDIC Releases New Report on Electric System Serving the Area

September 2023
Daymark Energy Advisors was retained by Gloucester EDIC to access the capability of electric system in the North Shore region to meet current and future needs. Key Findings of the Report included:
‐Transmission and distribution systems serving the region are at or near capacity.
‐The ability to support demand, and accommodate expansion, is limited.
‐Gloucester and the North Shore region are exposed to risks of “single point of failure” resulting from service emanating from one transmission substation in East Beverly.
‐The potential economic consequences of inaction are significant for the area, as well as greatly inhibiting the area’s efforts to transition to a decarbonize energy system and achieve state-wide carbon neutral goals.

Recent News

EDIC Asseses Kondelin Road Expansion Feasibility

The attached report provides a master planning approach to developing the parcels, and provides recommendations and estimated costs for the RedMore >>>

EDIC Releases New Report on Electric System Serving the Area

EDIC Electric System Report_8_23 September 2023 Daymark Energy Advisors was retained by Gloucester EDIC to access the capability of electric RedMore >>>

Contact

Gloucester EDIC
3 Pond Rd | City Hall Annex
Gloucester, MA 01930
ph: 978-325-5282

Special Thanks to Martin Del Vecchio for the use of his O'Maley image, aerials and videos; Elinor Teele for the use of her images of Good Harbor Beach and the waterfront; Mike Lafferty for his O'Maley exterior.

Company Profiles

Vitillo

Gloucester was chosen in 2015 as the U.S. headquarters and distribution center for Vitillo hydraulic components. Vitillo serves four continents and customers in more than 50 countries, both directly through logistic and distribution centers – Gloucester is one of three

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