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Economic Development
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The president of Wormtown
Updated: February 6, 2023In the wake of a scandal, Worcester’s largest brewer needed someone to show it how to be a great company. Kimberly Golinski answered the call.
Updated: February 6, 2023
New housing starts in Greater Worcester rose 26% last year
February 1, 2023The number of new homes permitted for construction, a key economic indicator, rose 26% in the Greater Worcester metro area in 2022, beating out pre-COVID figures.
February 1, 2023
Leominster developer buys former Rutland hospital property for planned 55+ community
February 1, 2023An affiliate of Harbor Classic Homes, LLC of Leominster purchased a property at 86 Maple Ave. in Rutland for $1.65 million on Tuesday, according to the Worcester District Registry of Deeds.
February 1, 2023
Registration is open for WBJ’s economic forecast event
January 31, 2023WBJ’s annual Economic Forecast Forum will be held on Feb. 7. The forum will look back at the challenges of the past year and forward to what’s going to change in a post-pandemic environment.
January 31, 2023
Healey offers sympathetic ear in business address
January 27, 2023Three weeks into her tenure in the corner office, Gov. Maura Healey told business leaders her administration is ready to "do more" to address their pressing concerns and targeted workforce strain, tax relief and health care investment as broad areas
January 27, 2023
Unemployment rates rose across Central Mass. in December
January 24, 2023The three Central Massachusetts metropolitan areas tracked by the state all saw slight increases in their unemployment rates in December.
January 24, 2023
The Fed targets low-income regions in New England still struggling economically
January 23, 2023Through the Working Places Challenge program, the Fed supports a competition among cities and towns for grant money provided by states, the private sector and philanthropists to address a "shared goal for improving the economy that benefits low-
January 23, 2023
Home field advantage: Local attorneys smooth the path for developers
Updated: January 23, 2023Land-use attorneys help developers smooth the path with a knowledge of local codes and laws, and the ability to reach out to community leaders.
Updated: January 23, 2023
Leominster dance studio loaned $100K for buildout
January 18, 2023The North Central Massachusetts Development Corp. in Fitchburg loaned $100,000 loan to MK Dance Center in Leominster. The owners will use the funds to renovate and build out their new space at Gateway Business Center at 435 Lancaster St.
January 18, 2023
Three developments propose 416 apartments, grocery store for downtown Worcester
January 18, 2023Proposals for the former site of Notre Dame des Canadiens Church, an open space at CitySquare, and a parking lot on Portland Street are heading to the Planning Board on Feb. 1.
January 18, 2023
Former Canal District BBQ property to become part of housing development
January 18, 2023Following the rash of closures of Canal District restaurants, the likely fate of at least one of the eateries has been made public: A housing development adjacent to the Polar Park baseball stadium.
January 18, 2023
Former BJ’s HQ in Westborough sells for $32M
January 13, 2023The former headquarters of BJ’s Wholesale Club at 25 Research Drive in Westborough was sold on Friday for $32 million, a few months after a redevelopment plan was approved for the site.
January 13, 2023
Worcester Planning Board approves projects for Oriol Drive and Franklin St., including Quality Inn conversion
January 12, 2023The Worcester Planning Board approved three large-scale projects on Wednesday night to provide a total of 521 units of housing.
January 12, 2023
Central Mass. businesses less confident in December, but retain tempered optimism
January 9, 2023The Central Massachusetts Business Confidence Index fell six tenths of a point in December to 52.8, according to the Worcester Regional Chamber of Commerce and Boston-based Associated Industries of Massachusetts.
January 9, 2023
The beer challenges of 2023
Updated: January 9, 2023Beer has become big business. In Massachusetts, the industry supports more than 14,000 employees and, according to the Brewers Association, had an economic impact of more than $1.6 billion in 2021.
Updated: January 9, 2023
Study: Massachusetts remained seventh most moved-out-of state in 2022
January 6, 2023Massachusetts continued to be one of the most moved-out-of-states in 2022, according to an annual report by Missouri-based mover United Van Lines.
January 6, 2023
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