Eric Casey

Eric Casey covers manufacturing and real estate for the Worcester Business Journal. He previously ran Burn After Reading, an online publication focusing on the cannabis industry. He has also formerly had freelance work published in outlets including Worcester Magazine and Different Leaf Magazine. Eric is a graduate of the University of Rhode Island, where he studied history and political science. He grew up in Marlborough and is currently a resident of Worcester.

Banking & Finance

Worcester lowers business property tax rate 5%, narrows gap with residential rate

District 3 Councilor George Russell bemoaned the impact of rising tax rates on residential property owners driven by increasing property values.

Energy

Ascend Elements to start production at $43M Georgia EV battery recycling facility in 2025

Ascend plans on producing up to 3,000 metric tons of lithium carbonate per year at the facility.

Real Estate

Holliston industrial park sold for $6M

The industrial park located off Route 16 was sold in a deal finalized on Wednesday.

Government & Politics

Developer plans 44 apartments, restaurant at historic Downtown Worcester building, seeks $200K tax break

The project is expected to cost $16 million, funded through a combination of equity, debt financing, and historic tax credits.

Banking & Finance

Worcester City Council to debate proposals for 2025 property tax rates

Last year, the council voted to enact a commercial, industrial, and personal property tax rate of $30.04 per $1,000 assessed valuation for 2024.

Arts & Entertainment

🔒Sports broadcasting’s quiet icon: Worcester native Sean McGrail made NESN the envy of regional sports networks

NESN broadcasters have become household names in New England. But the network’s Worcester-born former president and CEO Sean McGrail has quietly been key to the network’s success, according to two of the region’s most powerful sports executives.

Real Estate

Dell offloads EMC’s large office building in Southborough for $26.1M

Nine years after Hopkinton-based EMC merged with Texas-based Dell to form Dell Technologies, the combined firm has sold its 145,000-square-foot office building in Southborough for $26.1 million.

Government & Politics

Four-story, 122-room hotel proposed for Worcester near Route 146

A Maryland-based firm is proposing to construct an extended-stay, 122-room WoodSpring Suites near Route 146,

Economy

In latest blow to agency, candidate picked to lead Cannabis Control Commission declines job

The person chosen by Massachusetts cannabis regulators to be the next executive director of the Cannabis Control Commission has declined the position at the troubled agency.

Arts & Entertainment