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You are here: Home / Business & Economic Development in North Andover

Business & Economic Development in North Andover

North Andover, at the forefront of the Merrimack Valley’s economic development activity, is committed to attracting new businesses-small and large. The excellent geographic location, endless source of talented workers, citizens and volunteers dedicated to their community, and the natural beauty of the town make it a great place to live and work.

North Andover Industrial Parks

Osgood Landing North AndoverOsgood Landing

In June 2020, North Andover Town Meeting voted to approve both a Tax Increment Financing (TIF) Agreement and Community Partnership Agreement with Amazon.com Services LLC (Amazon) and Hillwood Enterprises, LP to support redevelopment of 110 acres of property at what is currently 1600 Osgood Street (Osgood Landing) into a five (5) story, approximately 3,800,000 square foot Amazon e-commerce storage, warehouse, and distribution facility.

Construction is currently underway and is scheduled to be complete by August of 2022.

More info here

Lawrence AirportLawrence Municipal Airport

The airport is an important transportation resource, situated in the heart of Massachusetts’ Merrimack Valley. Established in 1934, it is located minutes from both the Ward Hill and Lawrence Industrial Parks, providing air transport services to the region’s employers for over 70 years. Major companies in the telecommunications and defense industries consider LWM an integral part of their business operations.

The airfield can accommodate a gull range of aircraft, from single and multi-engine planes to smaller jets and helicopters. The airport currently has over 200 based aircraft. The main runway, 5/23, is 5000 fee long and 150 feet wide, with an instrument landing system. The second runway, 14/32, is 3900 feet long and 100 feet wide. There are five connecting taxiways, and all runways and taxiways are paved and lighted The control tower operates between the hours of 7AM to 10PM, with pilot controlled lighting available at all hours. A large terminal parking ramp provides ample overnight parking. Both Jet-A and Avagas fuels are available 24 hours per day on request.

Machine Shop VillageMachine Shop Village

North Andover Mills West is a 382,761 square foot office and R&D complex. The distinctive red brick buildings, some of which date back to 1860, were fully restored and updated in 1986 and subsequently expanded in 1993 and renovated in 2005.
1 High Street in North Andover, MA is conveniently located in downtown North Andover and is minutes from Interstates 495 and 93. Less thank 25 miles north of Boston, 1 high street offering an ideal location for both office and R&D users. Area amenities include dining, banking, health and fitness facilities, hotels, and shopping.

The Machine Shop Village area is a single family residential neighborhood which is within walking distance of shops, restaurants, parks and other amenities. The property is served by the MBTA Commuter Rail at neighboring Lawrence Station and Andover Station.

More About North Andover:

  • Demographics in North Andover

  • Business & Economic Development in North Andover

  • North Andover Recreation, Youth Services, Parks & Nature

  • Homes For Sale in North Andover

  • Education in North Andover

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Ron Carpenito, REALTOR®

Ron Carpenito
Hi! I’m Ron Carpenito, REALTOR®. My team serves North Andover, Andover, the Merrimack Valley area and beyond. You can reach us at 978-494-0346.

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