The Quincy, Mass., planning board has approved a 40-year tax exemption for a new medical office building managed by Boston-based Beth Israel Deaconess Medical Center, according to a Jan. 24 report from The Patriot Ledger.
Following final approval from the mayor, the office building developer would be free from property taxes until 2064.
The new building features an ambulatory care center that would provide a range of medical services, including urgent care, primary care, radiology, cardiology, OB-GYN, oncology, orthopedics, a pharmacy and a lab.
The planning board also approved a reduction in medical space from 115,000 to 100,000 square feet.