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.

Government & Politics

Worcester Housing Authority says state funding needed to complete apartments renovations

The two projects under works, the redevelopment of the Curtis Apartments on Great Brook Valley Avenue and the Lakeside Apartments on Lakeside Avenue, are dependent on state funding yet to be secured.

Arts & Entertainment

Westborough purchases former sports club for $8.8M, to convert into community center

The Town of Westborough has purchased the 65,765-square-foot building for $8.8 million.

Economy

I.T. firm with offices in Worcester becomes 100% employee-owned

Founded in 1999 by CEO Delcie Bean when he was 14 years old, Paragus implemented an employee stock ownership plan in 2016 resulting in 40% of the company being turned over to employees. Now, the company has transitioned to 100% employee ownership.

Government & Politics

Lack of inventory continues to drive up single-family home prices in Central Mass.

The price of single-family homes in Central Massachusetts continues to climb, as median sales prices increased again in Worcester and Middlesex Counties during February. This is largely a continuation of trends seen in January and during the whole of 2023.

Life Sciences

Natick biopharma promotes chief operating officer to CEO, names new SVP

“Matt has been an instrumental part of AffyImmune’s growth in the past two years,” said Simone Song, chairperson of the board of directors for AffyImmune.

Real Estate

Highland Street bakery reopens following renovations

Bean Counter Bakery Café, a business with locations in Worcester and Shrewsbury, has reopened its original Highland Street location following renovations.

Manufacturing

Devens manufacturing facility sold for $24M

The property was sold by Scannell Properties, an Indiana-based real estate firm that purchased the then-undeveloped parcel for $3 million in December 2021 from MassDevelopment.

Arts & Entertainment

🔒Canal District Transformation, part 1: The rising value of the neighborhood

Since the publicly owned Polar Park stadium opened in 2021, the value of the Canal District has risen at more than double the rate of the city, according to a WBJ analysis of more than 200 properties within the district.

Government & Politics