UMass Donahue Institute Issues Fifth Report on Devens, MA development
From the article:
The University of Massachusetts Donahue Institute has issued its fifth report touting the economic impacts of Devens, the 4,400-acre former U.S. Army base in north-central Massachusetts that MassDevelopment has redeveloped into a sustainable and thriving mixed-use community.
The UMass Donahue Institute report noted that Devens businesses, nonprofits, and governmental organizations employ more than 6,000 workers. In addition to these jobs, the economic activities of private and nonprofit entities in Devens supported employment of another 8,038 workers in Massachusetts. An estimated $2.3 billion in direct economic activity by private and nonprofit organizations in Devens supported additional spending of $1.5 billion in local supply chains for a total contribution of nearly $3.8 billion to the Massachusetts economy in 2019.
Read article: UMass Donahue Institute Issues Fifth Report
September 01, 2020