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The City of Worcester has released its 2008 Economic Development Year in Review Report.
The report outlines the $2.2 billion in development that was either proposed or in progress during the year, which, the city says, is the result of aggressive marketing efforts and a streamlined planning and permitting process for new businesses.
In the report, City Manager Michael V. O'Brien gives credit for much of the city's economic development success to a dozen programs that target a variety of development initiatives, such as the Buy Worcester Now home ownership program, the city's storefront grant program and economic development incentive program.
The report highlights a number of projects, business openings and future plans that O'Brien says illustrate "Worcester's diverse and thriving business scene."
To read the full report, click here (3Mb).
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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