Hudson's Next Chapter: Massive Industrial Hub Replaces Intel Legacy

HUDSON, MA – April 13, 2026 – The Town of Hudson has officially approved plans for a massive 950,000-square-foot industrial campus at 75 Reed Road, the sprawling 148-acre site once home to technology giant Intel Corporation. The approval, granted by the Town Planning Board on April 9, marks a pivotal moment for the site, transforming it into a "shovel-ready" canvas for modern industry and signaling a new economic era for the town.

National Development, the Newton-based firm behind the project, will now begin marketing the build-to-suit opportunity to a market starved for large, modern industrial facilities. Construction is slated to begin as soon as an anchor tenant is secured.

From Microchips to Megawarehouses: A Site Transformed

The redevelopment writes the next chapter for a property with a deep history in American technology. The site's industrial legacy began in 1979 when Digital Equipment Corporation (DEC) transformed a former apple orchard into a cutting-edge technology campus. For years, it was a hub of innovation for DEC, which at its peak operated two R&D buildings and a chip manufacturing plant on the property.

Intel Corporation acquired the site and began a tenure that would span over a quarter-century. At its zenith, the campus swelled to 1.4 million square feet, serving as a critical research and manufacturing facility for semiconductor fabrication. The Hudson facility was instrumental in the development of server technologies and microprocessors that powered the digital age.

However, as corporate strategies shifted, Intel's presence in Hudson began to wane. The company gradually wound down operations, demolishing its semiconductor fabrication plant in 2018. The final chapter for Intel at 75 Reed Road closed in November 2023, when it sold the property to National Development for $12 million. As part of the deal, Intel leased back the remaining buildings until May 2025 to finalize its departure.

Recognizing the age and deteriorating condition of the remaining 700,000 square feet of structures, National Development embarked on a full-scale demolition in May 2025. Working with Cranshaw Construction, the developer methodically cleared the site, a process completed in March 2026. The effort, which included careful management of dust, noise, and the safe disposal of materials under the oversight of the Massachusetts Department of Environmental Protection (MassDEP), has paved the way for a complete rebirth of the property.

Answering the Region's Call for Industrial Space

The newly approved campus enters a Greater Boston industrial market defined by intense demand and limited supply. With regional vacancy rates hovering around a tight 4.1% and average asking rents climbing to over $15.80 per square foot, the need for modern, large-scale facilities is acute. The 495 West submarket, where Hudson is located, reflects this pressure, making the 950,000-square-foot project a critical piece of new inventory.

Market analysts note a resurgence of "big-box" users, with dozens of tenants actively seeking spaces of 100,000 square feet or more. The National Development project is positioned to capture this demand, which is fueled by the relentless growth of e-commerce, third-party logistics (3PL) providers, and a strategic push toward reshoring domestic manufacturing.

"With approvals secured, this site represents a rare opportunity to deliver a fully customized industrial campus," said Ed Marsteiner, President and Partner at National Development, in a statement. "Its flexibility, from building configuration to overall site design, allows us to meet the specific operational needs of a wide range of users and create a long-term home for companies looking to grow and innovate."

The site's strategic location is a primary asset. Situated less than two miles from I-495 and with direct access to the I-290 interchange, it offers unparalleled connectivity for logistics and distribution. This prime positioning allows future tenants to tap into a robust industrial workforce of over 34,000 people within a 30-minute drive and reach 40 million consumers within five hours. The flexible industrial zoning and strong utility infrastructure further broaden its appeal to sectors from advanced manufacturing and life sciences to high-tech distribution.

A New Economic Engine for Hudson

For the Town of Hudson, the redevelopment of 75 Reed Road promises a significant economic revitalization. The project is projected to generate an estimated $3 million in annual tax revenue, a substantial boost to the town's coffers that will support public services and long-term resiliency.

Beyond the fiscal benefits, the campus is expected to become a major source of employment, creating both temporary construction jobs and a significant number of permanent positions once a tenant is operational. The town has embraced the project as a cornerstone of its economic development strategy, solidifying its identity as a key industrial hub in Central Massachusetts.

"This approval reflects the productive and collaborative process between the Town and National Development," stated Kristina Johnson, Hudson's Director of Planning and Community Development. "The redevelopment of this site will contribute significant new growth revenue for Hudson and ensures the property continues to support the Town's long‑term economic resiliency."

The planning process involved a thorough review of the project's community impact, including a comprehensive transportation study analyzing 20 local intersections. While the development is expected to generate hundreds of daily truck trips, the approval includes mitigation measures and long-term monitoring to manage traffic flow in the Reed Road corridor. With all permits now in hand, the focus for National Development shifts from planning and demolition to actively seeking the right industrial partner to bring this new vision for 75 Reed Road to life.