PITTSFIELD, Mass. — The Pittsfield Economic Development Authority held its shortest meeting on Thursday.

In June, Pittsfield's Business Development Manager Michael Coakley said there was an interested buyer for a couple of acres on Site 9, a pharmaceutical research and development company.

Coakley said they have received a purchase and sale agreement but before signing, there have to be assurances that the company has the financial requirements to construct the building.

He was to have another meeting with the company to go over questions on the purchase and sale agreement, as well as environmental and legal questions. Coakley said the company is still very interested and is trying to raise funds for its project. 

Coakley also brought the board up to date on the street names suggested in June 2025 of Mill Town Way, Morningside Way and Innovation Place.

He said Milltown Way and Innovation Place are in the process of being accepted, and the city will take over those streets. They are working with Milltown to make sure they are OK with the process and if it has any questions.

In other news, an electric energy company is interested in leasing Site 7 for six months. This entity hopes to use it for storage of shipping containers, staging, and parking for crews installing smart meters throughout the city. The lease would be $3,100 monthly, but the board could not vote on Thursday as it did not have a quorum.