EDIC Requests Development Agreement Extension for Tech Park
The Falmouth Economic Development and Industrial Corporation submitted a letter to the Cape Cod Commission on February 15 requesting to extend the development agreement for the Falmouth Technology Park by three years.
The subject of extension was taken up at the EDIC meeting on February 13, in which the board questioned whether they wanted to apply for an extension at all, and if so, for how long. Questions and comments that arose from board members included what kind of an obligation the EDIC holds to people who have owned property in the Tech Park already, looking at what, if any, significant development has occurred in the last 10 years, and the potential to have the park serve for mixed uses, including business operations and residential developments. To read more of this article click here.