Economic Development

The Community and Economic Development (CED) Division is committed to promoting private investment and job creation through business retention, expansion and attraction.

Strategically located between Boston and Worcester, Framingham is the economic and geographic center of the metro west region. The City, home to over 2,200 businesses with over 45,000 jobs and $3.1 billion in payroll, offers many advantages to businesses, including:

A city government committed to working with business and supporting timely business decision-making
Expedited permitting sites and priority development areas
Platinum BioReady Community Rating - the highest level of readiness for biotech development, as determined by MassBio, the Massachusetts Biotechnology Council
Access to Massachusetts Water Resources Authority water and wastewater treatment services
A long-term commitment to improving city infrastructure
Excellent access to world-leading companies, academic institutions and air travel

Our Success Stories

To learn more about our recent success, see:

Worcester Business Journal "Businesses Say Key Elements are in Place for Framingham to Draw More Tech Companies" (August 25, 2014)
Metrowest Daily News "Framingham: Mt. Wayte Plaza Redevelopment OK'd" (August 8, 2014)
Boston Globe "Framingham Business Leaders Push Town Benefits" (June 19, 2014)
Worcester Business Journal "Setting Sights Higher in Framingham" (June 17, 2014)

Diverse Business Base

The City has developed a diverse base of businesses, including:

Life Sciences - Biotech and Medical Devices
Health care
Retail
Information technology
Professional Services
Corporate headquarters

Businesses

Framingham is home to the corporate headquarters of 3 large companies - Bose Corporation, Staples, and TJX.

Other major employers include: