Monday, July 25, 2011

Here We Go again with Those "Tax Incentives"

   Hope fully you remember my post on Evergreen solar, tax credits, and the proceedings to close the plant at Devens.  Looks like the Commonwealth could soon be poised to repeat the process in hopes of a different result!  True:  it is not what you know it is who you know

The state’s economic development agency has agreed to enter into negotiations over a sale price and tax incentives with a development company that plans to build a 600,000 square foot, state-of-the-art film and television production complex in Devens.

After declining to release details following a unanimous board vote a week ago, MassDevelopment officials on Thursday elaborated on plans to move ahead with MJM Development LLC of Andover, which plans to build the studio complex, including four 18,000 square foot sound stages, over ten years.

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