WOBURN, MA —Cabot, Cabot & Forbes (CC&F), one of Greater Boston’s leading real estate development firms, broke ground today on “The Bolt,” a 180,000-square-foot innovation, manufacturing, and research hub that will anchor the growing New Boston Corridor in Woburn.
The project marks a major step in the city’s transformation of the Anderson Regional Transportation Center (RTC) area into a thriving, transit-oriented community and economic hub. Once the site of an industrial Superfund property, the area is now home to cutting-edge companies, new housing, and mixed-use developments backed by more than $400 million in public and private investment.
Joining CC&F CEO Jay Doherty at the groundbreaking were Lieutenant Governor Kim Driscoll, Woburn Mayor Mike Concannon, State Representative Richard Haggerty (D-Woburn), Woburn City Council President Jeff Dillon, and representatives from the U.S. Environmental Protection Agency.
“The Bolt exemplifies our vision for future development — one that embraces innovation, collaboration, and smart design,” said Doherty. “With its versatility, access to transit, and proximity to Boston, we believe this project will attract the next generation of cutting-edge companies.”
A New Center for Innovation and Industry
Expected to be completed in the second quarter of 2027, The Bolt will offer flexible space for energy, manufacturing, life sciences, and technology companies and is projected to create 300 new jobs.
The project is being constructed on spec by John Moriarty & Associates and was designed by Jacobs, a global architecture and engineering firm. Cushman & Wakefield will serve as the exclusive leasing agent.
Financing for the development includes $79 million in construction funding from Kawa Capital Management, with Aries Capital advising on the financing structure.
“Kawa is excited to help bring this transformative project to fruition and support the continued growth of Greater Boston’s innovation economy,”…