A business-world homecoming may be in the cards for one large company which got its start in Needham.
Last Wednesday, Needham's Selectmen voted to approve a tax incentive proposal, which will make the transition for TripAdvisor easier, via a report on YourTown Needham.
The company, which began in 2000 here in Needham is outgrowing its Newton headquarters, Town Administrator Kate Fitzpatrick told YourTown. After completing an office building project, the company is looking into building a second office space.
Should the town get TripAdvisor back, this will bring 450 relocated employees and 205 new jobs over the coming years, and that construction is intended to begin next summer.
Devra Bailin, Needham’s economic development director reports that the town aims to redevelop an area along Route 128, a process which began in 2007, and to create a business park. TripAdvisor should be their first big catch.
See the full story on Boston.com's YourTown Needham.
Special town meeting will have meet to approve the tax incentive proposal on Dec. 3.