Sunday, May 26, 2019

SECOND UPDATE: Your Standard Empty Plant

From Dave Brigham:

Ten years ago the Standard-Thomson factory in Waltham, Mass., went quiet. A manufacturer of automotive thermostats, the company moved its operations to other plants in the U.S. and Mexico. After scaling back operations for some time, Standard-Thomson had only 86 employees left here by the end. Some of them transferred to other company facilities (see November 21, 2015, "Your Standard Empty Plant"). In early 2016, a Chicago real estate developer, Hilco Redevelopment Partners, announced a plan to spend $30 million to revitalize three brick-and-beam buildings from the 1940's on the site (see November 4, 2017, "UPDATE: Your Standard Empty Plant").

Now known as The Gauge, in a nod to the site's past history, the property looks really good, and is available for lease. There are 130,000 square feet of office and R&D space, according to Hilco.

I'm really happy this site was redeveloped, rather than torn down. This is the second time I've posted a second update to a post (see March 2, 2013, "Rebuilding the Lost City: SECOND UPDATE," about a redevelopment project just a little more than a mile away from the former Standard plant.).

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