Economic Development Sites in Lynn, Massachusetts 

July 27, 2022 12:02 pm

One of the North Shore Alliance’s roles is to support economic development initiatives across 30 towns along the northeast region of Massachusetts. We encourage and support growing companies and their leaders, but we also bolster new businesses by providing information about commercial development opportunities for entrepreneurs to start a new business or current business owners to expand their footprint. 

To do this, we highlight commercial priority development sites with the help of the region’s Economic Development Directors, City and Town Planners, and Community Directors. 

In staying with this month’s town spotlight featuring Lynn, Massachusetts, we will be looking at three potential economic development sites that could help your business take flight or expand. Please visit our North Shore Alliance site to check on availability as availability status may change. 

The Former General Electric Gear Plant

This uniquely situated commercial property, formerly the GE Gear Plant, site measures 2,853,180 square feet and is undergoing a permit process for large-scale residential development and mixed-use opportunities. 

This site offers not only a perfect location on the Saugus River and Lynn Harbor, but also along Route 1 in the heart of Lynn, Massachusetts. 

For more information on this site please reach out to ​​James Cowdell via email at jcowdell@ediclynn.org or by phone at (781) 581-9399. 

40 Federal Street 

This property, located at 40 Federal Street in Lynn, Massachusetts, measures 238,247 square feet. It is located directly adjacent to Market Basket and is a future commercial or mixed-use opportunity in the heart of Lynn. 

For more information on this site please reach out to ​​James Cowdell via email at jcowdell@ediclynn.org or by phone at (781) 581-9399. 

Former Christie’s Restaurant 

Located at 17 Lynnway in Lynn, Massachusetts, this 31,200 square foot space has an ocean view lot located between Swampscott and Nahant at beginning of the Lynnway. This is an ideal site for commercial/ hotel/ or mixed use. 

If you are interested in learning more, please contact: James Cowdell via email at jcowdell@ediclynn.org  or call (781) 581-9399. 

Lynn is currently the largest city in Essex County and is an urban manufacturing and commercial center, densely populated and culturally diverse. Residents are proud of the city’s long history, which parallels the history of New England as a whole.For a complete list of the areas available commercial sites please visit the North Shore Alliance availability site.