My favorite line
According to Charette at the South Worcester Neighborhood Center, the initial interest with Pharma-Sphere was distracting. Future successes, he says, will be in smaller, better planned steps.
“We have to be realistic. In the past, we thought that if you throw up a net and say, ‘We’re making an industrial park,’ they’ll come,” he said. “Most of us were really excited when we had PharmaSphere coming. We were giddy. No body stopped to check. When that folded, everyone got disheartened.”
Nobody stopped to check??? I said from Day 1 sell the lot to the company across the street that bid $50,000 as opposed to the dream, that never materialized, that bid $1. When they could not get their funding and close over the first 6 months, I said award the property to the second bidder or rebid it. Instead Pharmasphere was given a two year extension only having to meet a "diligently working " standard.
What are we going to do next?
The South Worcester Neighborhood Center will now be taking these past lessons in mind, reworking the site’s future, and developing a marketing plan.
18 years later we are starting a marketing plan?? Very simple marketing plan:
- Take the parcels and put out an RFP where the highest bidder get the property plain and simple
- Waive property taxes for ten years and waive any water-sewerage hook up fees