Construction is nearing completion on a 180,000 s/f advanced manufacturing facility at the Business Park at Myles Standish, a significant milestone in the continued transformation of Taunton’s industrial landscape. Developed by Rhino Capital Advisors LLC in partnership with the Taunton Development/MassDevelopment Corp., the state-of-the-art facility is located on Lot BP2 of the newly expanded business park and is expected to be fully delivered this August.
Originally announced in 2024, the project was designed to attract “tough tech” tenants with features including a 32-foot clear height, 8,000-amp power capacity, and five loading docks. Once fully operational, the facility is expected to support hundreds of jobs and further Taunton’s growing reputation as a hub for innovation and advanced manufacturing.
“We’re proud to be a part of this transformative project and to help deliver a high-performance space that will meet the needs of forward-thinking companies,” said Dan Charest, Partner and Project Executive at J. Calnan & Associates (JC&A). “The collaboration among Rhino Capital, MassDevelopment, and the City of Taunton has been seamless. It’s exciting to see the finishing touches coming together on a facility that will fuel job growth and innovation for years to come.”
The facility marks one of the final developments within the Myles Standish expansion, which began in 2012 through a public-private partnership between MassDevelopment and the Taunton Development Corp. (TDC) to redevelop the 220-acre former Paul A. Dever State School. Since then, the park has welcomed 11 new companies, resulting in over 1.6 million s/f of development, $158 million in private investment, 1,400 new jobs, and $3.2 million in annual tax revenue for the city.
“This project represents the culmination of more than a decade of planning, partnership, and perseverance,” said acting MassDevelopment president and CEO Dan O’Connell. “We are proud to see this park fully realized and to have played a part in bringing it to life.”
Rhino Capital Advisors LLC managing principal Michael Olson added, “We are grateful to the MassDevelopment team and the Taunton Development Corp. for their ongoing support. We look forward to welcoming innovative companies to this space and contributing to the economic vitality of the region.”
Elected officials echoed their support, with Senator Marc Pacheco highlighting the strength of public-private collaboration and Mayor Shaunna O’Connell noting the positive economic impact of the facility on Taunton’s future.
The project is expected to wrap up this summer, with tenant occupancy anticipated soon after.