19

Worcester and the entire Central Massachusetts area — essentially coinciding with Worcester county — is the second-most populous county in Massachusetts. Developments in the biotechnology and high-tech industries, the healthcare industry, pharmaceuticals and manufacturing highlight those areas of greatest recent economic growth. Furthermore, many new sectors are rapidly emerging as centers of business activity, including fiber optics and electronics. In general, the region’s workforce is highly educated, skilled and well-trained.

With the appropriate designations (e.g., B-2 and R-1 zoning designations), land parcels offer untold opportunities for commercial and/or residential development. A myriad of considerations factor into overall property desirability, including easy visibility, access to major roadways, frontage, topography and high-traffic count. Completed environmental and hydrological studies can increase value of the land.