Raymond Business Park

In the fall of 2003, the Falmouth EDIC invested $3,000,000 to acquire twenty acres (including a 10,000 square foot building) in North Falmouth. The EDIC subdivided the aforementioned site, now known as Raymond Business Park, into ten lots and constructed a system of interior roadways and utilities.

The EDIC acquired the site because it is one of the last Light-Industrial zoned properties in Falmouth. Also, a consideration was that the owner of Benthos Corporation needed capital to restructure to avoid moving its operation or shutting its doors. The loss of Benthos Corporation operations in North Falmouth would have resulted in the loss of over 100 jobs in the area. Since the EDIC acquired and developed the site, Benthos Corporation has been able to reverse its fortunes and was acquired by the Teledyne Corporation. Teledyne-Benthos Corporation successfully expanded operations on this existing campus with plans to increase employment in the upcoming years.

This relatively small community developed by the EDIC hosts a large assortment of services that benefit the Town of Falmouth and its residents; affordable housing, various medical and surgical services and blue economy oceanographic instrumentation and sensor solutions.

The majority of the lots have been sold and developed, however, the EDIC has retained ownership of 2 lots, which are available for sale.

Some of the Businesses Located Here

Barrett Plumbing & Heating, 10 Edgerton Drive
Community Health Center of Cape Cod, 26 Edgerton Drive
North Falmouth Primary Care, 33 Edgerton Drive
Northeast Dermatology Assoc., 37 Edgerton Drive
Falmouth Hospital Pain Center, 39 Edgerton Drive
Teledyne-Bentos Inc., 49 Edgerton Drive

Edgerton Drive Affordable Apartments
20 Edgerton Drive

The Massachusetts Housing Partnership provided $2.92M in financing to the Falmouth Housing Corporation to construct 24 new apartment units (1 & 2 bedrooms), contained within 6 separate buildings in the Raymond Park development; 16 of which were designated as affordable to residents earning at or below 80 percent AMI. The Falmouth EDIC was especially pleased by this addition to the property, believing that affordable housing is a primary contributor to the economic health of Falmouth.

Contact Information

To learn more about the Edgerton Drive property and the application process contact:

Falmouth Housing Corporation
704 Main Street
Falmouth, MA 02540
Phone # (508) 540-4009

https://www.falmouthhousingcorp.org/