National Development's New Industrial Campus Set to Transform Hudson, MA Real Estate Landscape
National Development's New Industrial Campus in Hudson, MA
National Development, a prominent real estate investment, development, and management company based in Newton, Massachusetts, has received approval to launch an ambitious project in Hudson, MA. The planned 950,000 square foot industrial campus, located on a 148-acre site at 75 Reed Road, is set to become a significant addition to the region's industrial landscape. The project was given the green light by the Town of Hudson during a Planning Board meeting held on April 9, 2026.
Project Overview
In November 2025, National Development first announced its intention to develop the property, which was formerly owned by Intel Corporation. After successful site demolitions and the completion of permitting processes, the firm is now ready to take the next steps towards construction. The site is strategically situated less than two miles from I-495 and offers direct access to the I-290 interchange, making it a prime choice for industrial users seeking high-quality facilities with excellent logistical advantages.
The expansive property will cater to various tenant needs thanks to its flexible industrial zoning and robust utility infrastructure. Businesses ranging from advanced manufacturing to warehouse distribution and logistics will find the site well-equipped to support their operations. Additionally, its proximity to an industrial workforce of over 34,000 people within a 30-minute drive and the large consumer market of 40 million residents within a five-hour radius boosts its attractiveness.
Community Impact
Once the industrial campus is completed, it is anticipated to have a profound positive impact on the Hudson community. National Development envisions that the project will not only create job opportunities but also contribute significantly to the town's tax base. By solidifying Hudson's status as an industrial hub, the campus aims to drive long-term economic growth in the area.
Collaboration with Local Authorities
National Development's commitment to working closely with the Town of Hudson has played a crucial role in advancing this project. Ed Marsteiner, President and Partner at National Development, expressed gratitude towards the town for its partnership, emphasizing the shared vision for the site. Kristina Johnson, the Director of Planning and Community Development, commended the collaborative efforts that made this project possible and highlighted its potential to generate new growth revenue, which will enhance the town's economic sustainability.
History of the Site
National Development acquired the property from Intel Corporation in November 2023, after the tech giant concluded over 25 years of operations there. At its peak, the facility covered 1.4 million square feet, primarily supporting Intel's semiconductor manufacturing processes. However, Intel gradually scaled down its activities leading to the final closure of its operations in May 2025. National Development now sees this as an opportunity to breathe new life into the space with a vision that aligns with current industrial demands.
Next Steps
With all necessary approvals now in place, National Development is poised to begin marketing the site to potential tenants. The development of the industrial campus would be executed as a build-to-suit opportunity, accommodating specific operational needs of the chosen occupants. This strategic approach not only ensures that the site is tailored to industry requirements but also maximizes its functionality and effectiveness.
In conclusion, as National Development moves forward with this innovative project, Hudson, MA, stands on the brink of transformation, poised to enhance its industrial capabilities and foster economic resilience for years to come.