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Ranked number one in the state in entrepreneurial
start-ups for the past decade, Waltham is the center for new and existing
businesses. Waltham's central location provides excellent accessibility,
making the region a prime location for continued commercial growth.
Major highways and one of the nation's best public transportation
systems link the Waltham area with every market in the Northeast.
Manufacturing, primarily that of precision instruments, computers,
and defense items, is an important factor in the economy of the Waltham
West Suburban area. In Waltham, more than 50 percent of non-government
employment is in manufacturing. The average wage of those employed
in manufacturing exceeds $45,000. Waltham, Weston, and Lincoln are
in Middlesex County where the per capita income is approximately 18
percent above the state average as reported in the census.
The Central Business District in downtown Waltham is currently undergoing
major reconstruction on the banks of the Charles River. The reuse
of the land which Grover Cronin's department store once occupied has
been developed into a first-class housing and multi-retail specialty
complex. Adjacent to the complex is a walking trail and a boating
dock for tour boating on the Charles. This crowning jewel to downtown
has spurred additional new projects including first-class restaurants
offering a variety of ethnic foods. The Boston Globe labeled the area
"Restaurant Row." Living and working on the Charles in the
future will be ideal for those interested in a cosmopolitan, yet suburban
lifestyle.
Waltham's neighboring communities within the West Suburban area also
boast beautiful downtown shopping districts and expanded options for
entertainment and dinning. Quaint New England "down towns"
such as Lincoln, Lexington, and Concord balance larger downtown's
such as Watertown and Newton. A multitude of shopping options, including
malls, are available in the Waltham West Suburban marketplace and
Greater Boston.
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