Nearly 700 jobs could be created in Lynn as the result of business expansions at Eastern Bank, West Lynn Creamery and Shore. Net, coupled with a Burlington software company's plan to relocate some operations to the Clock Tower Building . According to city Development Director Stephen A. Harausz, several pieces of the downtown revitalization and cyber district projects are coming together to form a technology center.
Office space is in demand.
The Clock Tower building has been leased and other firms interested in locating here are now looking at the new space renovated by Oasis Development on Munroe Street. Simple arithmetic offers a glimpse of the city's economic future, he said, referring to numbers in terms of available square footage and new jobs announced by local businesses. Easter Bank is expanding into the Bell Atlantic building, and with that they will bring another 200 employees into the city from other locations. Net, which is now owned by Primus Telecommunications, is moving into the Clock Tower next month and adding about 200 jobs. Lightbridge, a software company in Burlington, is coming here with at least 250 people to run a call center that provides technical assistance and other information to its customers.