PITTSFIELD, Mass. — The PEDA board approved a series of agreements on Wednesday that are hoped to tie up the legal documentation required for the Berkshire Innovation Center.
The Pittsfield Economic Development Authority has long had a ground lease in place for the Berkshire Innovation Center. But as the project has evolved, the roles of various parties have altered — thus the required paperwork changes were needed to align.
“There really hasn’t been any changes other than all of the name changes and re-writing,” Executive Director Corydon Thurston said.
The agreements include a ground lease for the parcel at the William Stanley Business Park, a grant from PEDA to BIC, and acceptance of the Massachusetts Life Science Center’s contribution to the project.
The news isn’t so much groundbreaking, but rather steps toward groundbreaking. Read more about Berkshire Innovation Center >>
