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Economic Development
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Market Basket in Shrewsbury to open next Friday
January 6, 2023Lowell-based grocery store chain Market Basket will open its new Shrewsbury location on Friday, Jan. 13.
January 6, 2023
Healey adds Hao, Snyder to developing cabinet
January 5, 2023One day before she is to be sworn into office, Gov.-elect Maura Healey continued to flesh out her Cabinet by naming her secretaries of economic development and of technology services and security, but major administration roles remain unfilled by
January 5, 2023
Main South ambassador program avoids layoffs, funded under larger empowerment initiative
January 5, 2023The Main South Community Development Corporation in Worcester has received a $350,000 Community Empowerment and Reinvestment Grant from the Massachusetts Executive Office of Housing and Economic Development for the Main South Empowerment Project.
January 5, 2023
Table Talk Lofts receives $20M for Canal District affordable housing
January 4, 2023A Canal District development bringing 83 units of affordable housing to the former manufacturing site of Table Talk Pies will receive $19.6 million from a tax-exempt bond issued by state agency MassDevelopment.
January 4, 2023
LIFT, Open Sky, SMOC receive funding to build at-risk housing
January 4, 2023Three Central Massachusetts organizations were among six statewide to be awarded $9 million total by the state Executive Office of Health and Human Services.
January 4, 2023
Worcester developer proposes redevelopment of historic Taylor and Farley building
December 28, 2022Worcester’s GoVenture Capital Group is proposing to transform the former site of Taylor and Farley Organ Co. at 17 Hermon St. in Worcester’s Main South neighborhood into 36 apartments.
December 28, 2022
NY developer proposes 150k-sq.-ft. warehouse at former Worcester movie theater
December 28, 2022Criterion Group of Astoria, New York has proposed a 150,000-square-foot warehouse at the former site of Showcase Cinemas Worcester North.
December 28, 2022
Lundgren buys Shrewsbury St. parking lot near proposed 218-unit development
December 28, 2022A parking lot at 224 Shrewsbury St. in Worcester has been purchased by a realty trust managed by the Auburn developer proposing a 218-unit apartment complex across the street.
December 28, 2022
Building next to I-290: Architect designs around challenging former Fairway Beef site
December 28, 2022The site of AKROS Development’s planned development at the former site of Fairway Beef in Worcester’s Canal District presents a number of challenges for architecture firm.
December 28, 2022
Fitchburg State will receive $2M for Main Street theater project
December 27, 2022Fitchburg State University will receive $2 million in federal money for a new downtown black box theater.
December 27, 2022
New federal budget doles out millions for Central Mass. nonprofit projects
December 27, 2022Central Massachusetts nonprofits will receive millions of dollars in federal funding in fiscal 2023 as part of the $1.7-trillion omnibus spending bill signed into law by President Joe Biden on Friday.
December 27, 2022
WBJ readers' 2023 economic forecast survey: Not looking great
Updated: December 26, 2022More than a third of WBJ readers believe the Central Massachusetts economy will decline in 2023.
Updated: December 26, 2022
Our annual look forward
Updated: December 26, 2022At the end of 2019, no one could have predicted what the following year would bring: a worldwide pandemic, an economic shutdown, the highest unemployment since the Great Depression, massive government intervention, empty offices, and the start of a
Updated: December 26, 2022
Northborough developers buy Oxford bank branch for $750K
December 23, 2022Daniel Yarnie, co-owner of Northborough real estate development company Polar Views, LLC, purchased a former Cornerstone Bank branch in Oxford for $750,000.
December 23, 2022
QCC, MWCC to split $2.5M, as part of $48M statewide adult education push
December 21, 2022Quinsigamond Community College in Worcester and Mount Wachusett Community College in Gardner were among organizations across Massachusetts receiving $48.2 million in state grants to support workforce development and adult education.
December 21, 2022
Worcester County home sales down 35% while price hikes slow
December 21, 2022The number of Worcester County home sales saw a 35% decline year-over-year in November while there was a 30% decline in the number of sales statewide, as Massachusetts prices hit their lowest level of increase in two years.
December 21, 2022
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