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.