On Thursday, October 12, HopNews and HCAM were on location for an event hosted by Charlesbank Realty Group as a thank-you to their tenants and neighbors who have shown incredible flexibility and patience during the construction of a new office space at 88 Elm Street.
President and CEO Nick Slottje organized his architects and construction crew to put on a demonstration of the heavy equipment for the children of Building Blocks Academy, a day care center adjacent to the construction site. The kids were provided with hard hats and were treated to a dirt moving show with an excavator and a front-end loader. After, the kids got up close with the equipment, and each of them left with a gift.
This commercial investment comes at a critical time for Hopkinton, whose residents are contemplating a considerable property tax increase to fund the construction a new Elmwood elementary school. Slottje also noted that all of the contractors that worked on the project are Hopkinton-based businesses.
“We’re incredibly proud to partner with Gorman Lewis Richardson Architects and The Stukel Group on this amazing project,” said Slottje. “Now more than ever Hopkinton needs commercial investment to help diversify our tax base.”
The 8,553 square foot building is slated to be completed on December 15 and interest from prospective tenants is high.
HopNews makes an excellent point. If we don’t want our residential property taxes to continue their dramatic increase, then we should encourage more commercial and retail growth of our tax base, which will help relieve the burden on residents. Not to mention adding some valuable services to our community. In just the past few years, we have seen some excellent new restaurants open on downtown Main Street. Hopefully more to come!
Congratulations for investing in the community