Please do not leave this page until complete. This can take a few moments.
Massachusetts, as part of its Community One Stop for Growth program, awarded the City of Worcester and Worcester Business Development Corp. a combined $1.75 million toward the redevelopment of former factory buildings which are part of Saint-Gobain's Worcester site.
The $1.5 million grant awarded to the City of Worcester from the MassWorks Infrastructure Program will be used to demolish 10 vacant industrial buildings for redevelopment, as part of the City and WBDC's Greendale Revitalization Initiative. The project will create multiple pad-ready sites for redevelopment with the potential to accommodate 1 million square feet of manufacturing space and create an estimated 1,000 jobs, according to the Executive Office of Housing and Economic Development website.
"This a smart growth and sustainable development initiative because it seeks to repurpose already developed, underutilized brownfields properties to support future growth and development, rather than the developing greenspace," said Worcester's Chief Development Officer Peter Dunn in an email to WBJ.
New Garden Park Inc., a nonprofit organization and subsidiary of WBDC, received $252,000 for the design, engineering, and permitting required to convert a private road on the site into a public road.
Community One Stop for Growth delivers funding from 12 state economic development programs. The fiscal 2023 round of funding provided $143 million in grants, including $100 million from MassWorks, according to a press release from the Executive Office of Housing and Economic Development.
What ??? 1000 new jobs? Where are they going to live?? People are leaving Worcester, because of rent costs??
Eyesores for years
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester 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.
SubscribeWorcester 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.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
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.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
2 Comments