By Sam Bonacci
In the last five years, Framingham has seen $253 million in new construction projects, according to a report released Wednesday by the city.
The report from Framingham’s Economic Development and Industrial Corporation (EDIC) and Planning and Community Development (P&CD) Division analyzed local data showing investment by developers and companies in the city. The study found $639 million in renovation, new construction, accessory projects and more in the past five years with $253 million of that being new construction.
Doug Lawrence, chair of the EDIC board, said the information is good news, illuminating not only are new developers building in the city, but residents and businesses are reinvesting.