Project Development
LINC is a private-public joint venture, a business model that will speed the completion of the mixed-use development adding research, laboratory and office spaces as well as retail and restaurant options.
UMass Lowell and the City of Lowell are partnering with GMH Communities and Wexford Science & Technology, two developers that have an expansive and successful history of building mixed-use developments in cities with strong research universities.
By working with private investment to construct the mix-use development, UMass Lowell is able to minimize the university’s need to pay for construction or building maintenance costs while also creating a strong economic base for an estimated $4 million to $6 million annually in new tax revenues to benefit City of Lowell residents.