Marlborough City Council’s Finance Committee to review BJ’s tax incentive request

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By Vicki Greene, Contributing Writer

BJ’s is currently headquartered in Westborough. It’s looking to relocate, though, to a new home in Marlborough. (Photo/Dave Bagdon)

MARLBOROUGH—The City Council’s Finance Committee will review an application from BJ’s Wholesale Club for a tax-increment financing agreement (TIF) tied to a move of its headquarters, from Westborough to Marlborough, at the committee’s meeting on Monday, May 3.

This marks the next step in the TIF process after the council received the application from the wholesale club giant prior to its April 26 meeting.  Mayor Arthur Vigeant is expected to review the agreement details at the May 3 committee meeting.

BJs is seeking to move both its headquarters and its 800-1,000 full-time employees from 25 Research Drive in Westborough into two buildings in Marlborough located at 100 and 250 Campus Drive.

BJs has filed an application with the City of Marlborough for a 20-year tax-increment financing (TIF) agreement as it seeks to lease approximately 190,000 square feet of office space in two buildings from Greatland Realty Partners.

The company plans to spend $15 to $18 million on infrastructure construction including office space and the installation of a data center. In addition, BJs is planning to build a 120 square-foot parking garage on the property for 300 vehicles at a cost of approximately $5 to $7 million

The Marlborough Economic Development Corporation (MEDC) oversees all TIF agreements to ensure that the companies meet agreement criteria including job creation and monetary investments.  BJ’s moved its headquarters from Natick to Westborough in 2011.