News

January 12, 2018
Bathroom Issue at Falmouth Station and Tech Park Gets New Sign - by Brad Cole


The Falmouth Station was plagued by septic problems last week.  “We have a little emergency going on with our septic system,” Lynne A. Broderick reported to the Economic Development and Industrial Corporation at its meeting on January 9.  To read more of this article click here.

December 15, 2017
Southport Developer Talks Of Bringing Concept To Falmouth - by Brad Cole

The Falmouth Economic Development and Industrial Corporation met with developer Ronald S. Bonvie to discuss what it would take to bring a development like Southport on Cape Cod to Falmouth. 

Southport on Cape Cod is an award-winning 55 and over community with 750 units located along Martha Pond in Mashpee. Mr. Bonvie is considering Falmouth as a possible location for a similar development.  To read more of this article click here.

December 15, 2017
Corporation Discusses Lyberty Green, OpenCape - by Brad Cole

The Falmouth Economic Development and Industrial Corporation offered its services in assisting the town with negotiating the purchase of the Lyberty Green property.

At November Town Meeting, members voted to appropriate $100,000 from certified free cash to have the town manager and board of selectmen enter into negotiations to obtain the land located at 0 and 3 Lantern Lane and 0 and 556 Main Street. This property, owned by the Fays Realty Trust, is the site of the Lyberty Green Apartments 40B project.

“My feeling is this particular developer is going to want a quick resolution to this situation, and if there is anything we can do as a board to help that come about, I think it will be a big plus for the community and also the economic development of Main Street,” EDIC chairman Michael P. Galasso said.  To read more of this article click here.

December 15, 2017
Falmouth EDIC Hears Affordable Housing Concerns - by Brad Cole

Affordable housing committee vice chairman Edward J. Curley met with the Falmouth Economic Development and Industrial Corporation to discuss the town’s housing demand study.

RKG Associates provided an update to its 2014 housing demand study, specifically looking at the town’s housing demand forecasts through 2021. Mr. Curley noted some concerns highlighted by the study that the town needs to address.

“Something around the order of 18 percent of income restricted units in town are due to expire in the next three years. Somebody in town has to be on top of it, making sure we don’t go backwards in terms of affordable housing in town,” Mr. Curley said at the EDIC meeting on Tuesday, December 12.  To read more of this article click here

November 18, 2017
Corporation Discusses Main Street Stroll, Bench Repairs - by Brad Cole

The Falmouth Economic Development and Industrial Corporation is looking to get into the holiday spirit.  The restored Falmouth Station will be a part of the Main Street Stroll on Saturday, December 2. It will be a stop along the Main Street Stroll’s trolley service route that night. A portion of the station will be decorated and there will be refreshments served by the newly formed Falmouth Station Events Committee.  To read more of this article click here.

The Falmouth EDIC Will Host Caroling and Refreshments at the Falmouth Bus Station on Saturday December 2nd, for the Falmouth Holiday Stroll

Falmouth Village Holiday Stroll

Holiday Stroll 5:00 - 8:00 PM.
Main Street, Falmouth Village
aturday, December 2, 2017
Main Street / Queen’s Buyway Stroll

Co-Sponsored by:  The Falmouth Village Association & The Falmouth Chamber of Commerce
 
See Falmouth Main Street transformed at night by the annual Holiday Stroll!  Enjoy the many unique shops, services, and restaurants in the heart of Falmouth Village. The street and storefronts are at their very best when decorated for the holidays.  Many of the merchants will be offering snacks and refreshments.  Shop and dine while enjoying the Very Merry Dickens Carolers strolling along the street.  The petting zoo is back at Queens Buyway, along with free popcorn for snacking.  The kids will be delighted to meet Santa in our inflatable North Pole located at Peg Noonan Park, where there will be hot cocoa and goodies provided by Bear in Boots. 
Enjoy live music playing at Vagabond View, Puritan of Cape Cod, The Black Dog, and The Gallery on Main.  Some of our local talent will be on display, strolling the street: Turning Pointe Dancers, Soulfege A Cappella Group, and the FHS Band. Meet Moana at Caline For Kids, and next door stop in Cupcake Charlies for complimentary face painting by Mrs. Claus.  Keep a look out for the Christmas Parade Characters strolling the street. 
The Falmouth EDIC will host caroling and refreshments at the renovated Falmouth Station (bus depot).
The street will be closed this year, so be aware that parking is available at Mullen Hall and Lawrence School, where the trolley will stop, while running from Peg Noonan to Queens Buyway.  The Holiday Stroll is a tradition with something for everyone!

November 14, 2017
Falmouth EDIC Looks To Renew Tech Park Agreement With Cape Cod Commission - by Brad Cole

The Falmouth Economic Development & Industrial Corporation wants to extend its development agreement with the Cape Cod Commission regarding Falmouth Technology Park.  The current agreement expires in February 2018. However, it includes a provision to renew the agreement for an additional 10 years. Falmouth attorney Laura M. Moynihan said the development agreement is particularly beneficial for developers constructing buildings larger than 10,000 square feet. Such developments would normally trigger review by the Cape Cod Commission, a costly progress that can take several months.  To read more of this article click here.

October 20, 2017
OpenCape Could Speed Up Main Street Internet Connection - by Brad Cole

The Economic Development and Industrial Corporation is looking to team up with the OpenCape Corporation to better connect Main Street businesses to the Internet.

“With the current Comcast Internet connection, they could not keep up with the transactions during the summer,” EDIC chairman Michael P. Galasso said. “Many had to end up hand-writing receipts and hand-writing credit card statements, like in the old days.”  To read more of this article click here.

October 13, 2017
Technology Park To Get New Signs - by Brad Cole

Two new signs will be installed at the entrance of the Falmouth Technology Park.

At its October 10 meeting, the Falmouth Economic Development & Industrial Corporation unanimously approved spending approximately $16,000 to upgrade the entrance at the Falmouth Technology Park, located off Thomas B. Landers Road in West Falmouth. That will cover the cost of installing two new signs, preserving the entrance wall, updating the landscaping and installing lighting.  To read more of this article click here.

October 10, 2017
EDIC Considers Lyberty Green Eminent Domain Taking - by Brad Cole

The Falmouth Economic Development and Industrial Corporation is considering what action it can take regarding the Lyberty Green property on Main Street.

The property will be discussed at the November Annual Town Meeting. Per a petition by Marc P. Finneran of East Falmouth, Town Meeting members are being asked to authorize the board of selectmen to take the parcels of land associated with the project by eminent domain and develop a mixed-use project more in line with the character of Main Street.

Falmouth EDIC chairman Michael B. Galasso at its meeting Tuesday morning asked board members to consider substituting themselves for the selectmen as the entity purchasing the Lyberty Green property.

“I feel the project being proposed on that particular property is really going to be detrimental to our community,” Mr. Galasso said. “The developer hasn’t really listened to the community or comments that have been made.”  To read more of this article click here.

Falmouth Station Grand Re-Opening Celebration Set for July 27

FALMOUTH, MA, July 15, 2017 — Falmouth Economic Development & Industrial Corporation (EDIC) announced today the Grand Re-Opening of the renovated Falmouth Station will take place on Thursday, July 27 at 12:30pm at 59 Depot Avenue, Falmouth, MA. State and local officials will attend and the community is invited to join the celebration.

The Station – initially named the Falmouth Railroad Station – was placed in service in 1872 when the Old Colony Railroad inaugurated service on the Woods Hole Branch. In 1912 the original Falmouth Railroad Station was sold to the Swift family who moved the wood depot across the tracks. In its place the New Haven Railroad built a replacement brick depot which stands to this day.

Rail service ended in 1989. Since then the former Falmouth Railroad Station has been renamed as the Falmouth Station and is used as a bus depot by the Cape Cod Regional Transit Authority and Peter Pan Bus Lines. Most of the rail line that once carried trains to the station has been converted into a 10.7-mile bike path known as the Shining Sea Bikeway which extends from Woods Hole to North Falmouth. The Falmouth Station is located next to the bikeway near the 3.5 mile marker.

In 2015 Falmouth EDIC acquired a 99-year lease from Massachusetts Department of Transportation in conjunction with a grant to renovate the Station. The EDIC’s goal was to restore the appearance of the 1912 building and repurpose it as the Town’s Transit Center. Future improvements will include a café and historic rail cars.

“Our local representatives, local business leaders, MassDOT and others have been an important part of the vision for this project,” says Michael Galasso, Chairman of the Falmouth EDIC. “We’d like to thank them for their support, and invite the community to join in celebrating this wonderfully restored building. We hope it will serve as a welcoming place for residents and visitors for years to come.”

EDIC-Falmouth Station Grand Opening.jpg

Investor-Ready Boot Camp

On Thursday June 8th, the Investor Ready Boot Camp will be offered by the Southern New England Entrepreneurs Forum (SNEEF) from 8 a.m. to 5 p.m. at the UMass Dartmouth Center for Innovation & Entrepreneurship, 151 Martine Street, Fall River, MA. Noted entrepreneur Tracy Silva Barbosa, who was a student of last year’s cohort: “If I hadn’t gone to the Investor Ready Boot Camp, I wouldn’t have gotten my investor.”

This full-day event is ideal for entrepreneurs who are considering approaching Venture Capitalists or Angel Investors for funding and follows the very successful boot camp that was held last year. Topics covered in this full day event include:

  • What Investors are Looking For
  • Knowing Your Market
  • Understanding and Negotiating the Term Sheet
  • Perfecting Your Pitch to Investors

Our panel of experts will share their experiences and expertise to help your company position itself for investment.  The day will include interactive discussion and hands-on activities to improve your funding chances.

Experts include:

  • Annette Reynolds, 128 Innovation Capital Group
  • David Fogel, TiEAngels, Beacon Angels, Swifton CFOs LLC
  • Charles Hipwood of MassVentures
  • Neil McLaughlin,  Founder and Head of M & A of TCF Law Group PLLC
  • Steve Collins,  Founder of 1024 Technology Marketing
  • Jeanne Union, Founder of Union Sales Presentation Coaching
  • Melinda Ailes, Sr. Business Advisor Mass Small Business Development Center, and SNEEF

Lunch and refreshments will be provided.  The fee for the day is $100.00 per person, or $75.00 if you are a member of SNEEF or the 128 Innovation Capital Group.  Space is limited, please register by visiting http://www.sneef.org/event-2502542.


EDIC Hires Administrative Assistant

Nov 11, 2016   |   By Brittany Feldott     |     The Falmouth Enterprise

During a meeting on Tuesday morning, November 8, the Falmouth Economic Development and Industrial Corporation hired Alexandra Caine of Teaticket as an administrative assistant, to help better manage corporation projects.

Read Full Article >


EDIC Discusses Neighbor Relations

Nov 11, 2016   |   By Brittany Feldott   |   The Falmouth Enterprise

Tensions were high at a meeting of the Falmouth Economic Development and Industrial Corporation on Tuesday morning, November 8, when board members debated whether to allow members of the Falmouth Elks Lodge to use a parking lot attached to the bus station property on Depot Avenue.

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EDIC Pursues Land for Third Solar Array

Nov 4, 2016   |   By Brittany Feldott   |   The Falmouth Enterprise

The Falmouth Economic Development and Industrial Corporation will likely request permission from the town to re-zone a town-owned parcel of land abutting the capped town landfill for use as a solar field.

At a meeting of the Falmouth Planning Board on Tuesday night last week, November 1, chairman and EDIC member James E. Fox said that the corporation was hoping to re-zone the land to Light Industrial C, which allows for installation of ground-mounted photovoltaic arrays.

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Bike Path Picnic Area in the Works Near Bus Station

Oct 14, 2016   |   By Brittany Feldott   |   The Falmouth Enterprise

A deck walkway and picnic area connecting the Falmouth bus station on Depot Avenue to the Shining Sea Bikeway could be completed by next fall.

During a meeting of the Falmouth Economic Development and Industrial Corporation on Tuesday morning, October 11, board member Christopher R. Simmler presented preliminary plans for the project, which is part of larger renovations to the “Falmouth Station.”

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EDIC Meeting Notes: New Housing Consultant Considered

Oct 14, 2016   |   By Brittany Feldott   |   The Falmouth Enterprise

The Falmouth Economic Development and Industrial Corporation is considering hiring a new consultant to undertake a housing demand study.

The housing study is a continuation of work completed in 2014 by consultant Judith A. Barrett of RKG Associates, Inc., and will use updated census data to forecast specific housing needs in Falmouth.

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EDIC Might Sell Solar to Another Town in the State

Oct 14, 2016   |   By Brittany Feldott   |   The Falmouth Enterprise

The Falmouth Economic Development and Industrial Corporation will consider selling energy from its solar array project to other towns in the state, following stagnant conversations with the Town of Falmouth.

The corporation began construction of a four-megawatt solar array project on the capped town landfill last spring, slated to be finished in December of this year.

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Groundbreaking for Station Renovation on the Horizon

Sep 18, 2016   |   By Brittany Feldott   |   The Falmouth Enterprise

Subcontractor bids for renovations to the dilapidated Falmouth bus station were announced on Wednesday, September 14, meaning a groundbreaking at the site on Depot Avenue is just weeks away.

The EDIC entered into a 99-year lease with the Massachusetts Department of Transportation in May in order to complete renovations to the bus station. The DOT has promised $1.4 million in reimbursements to restore the bus station to its historical condition.

Read Full Article >

 
 

Our Projects

Falmouth Station Restoration
Rehabilitation of the Historic Falmouth Station located at 59 Depot Avenue in Falmouth.
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Woods Hole Oceanographic Institution
Employs approximately 1,200 people, including more than 500 scientists, engineers, ship's crew and technicians.      
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