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Economic Development
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Nine-story high-rise proposed at former Canal District site of Fairway Beef
September 9, 2022AKROS Development of Boston is proposing a 90,000-square-foot mixed-use skyscraper with 105 apartments at the former site of Fairway Beef, which operated in the Canal District for 75 years.
September 9, 2022
Developer plans 218 apartments behind Shrewsbury Street restaurants
September 9, 2022Lundgren Equity Partners LLC of Auburn is proposing a 200,000-square-foot, seven-story multifamily high rise at 225 Shrewsbury St. in Worcester.
September 9, 2022
Founder of Main South Business Association shifts focus to Worcester’s Pleasant Street
September 9, 2022MassDevelopment has promoted Ivette Olmeda to Transformative District Initiative senior fellow and will work a three-year stint in Worcester’s Pleasant Street district.
September 9, 2022
Real-estate entrepreneurs seek to benefit from CCC Social Equity Program with Oxford cannabis business
September 7, 2022Finest Trees LLC, owned by Worcester property developers, Rebecca and Daniel Yarnie, has applied to open a cannabis dispensary in Oxford.
September 7, 2022
Downtown Gardner mixed-use block sold for $2.3M
September 6, 2022Two mixed-use parcels on Central Street in Gardner sold for $2.3 million on Thursday to a Shirley limited liability corporation, according to the Worcester District Registry of Deeds.
September 6, 2022
Worcester Housing Authority breaks ground on $8M, 24-unit apartment building
August 31, 2022The Worcester Housing Authority, along with its non-profit affiliate Building Futures Inc., broke ground on a 24-unit residential building, called A Place to Live, aimed at housing members of Worcester’s homeless population.
August 31, 2022
QCC Foundation receives $20K pledge for Southbridge campus
August 31, 2022The Quinsigamond Community College Foundation in Worcester received a pledge of $20,000 over four years from Worcester’s Cornerstone Bank to help advance the college’s offerings at its Southbridge location.
August 31, 2022
Former treasurer O'Brien to chair Cannabis Commission
August 31, 2022When the Cannabis Control Commission marks its five-year anniversary on Thursday, it will also get a new chairperson -- former state Treasurer Shannon O'Brien.
August 31, 2022
MassBio report touts strong Central Mass. biotech industry
August 30, 2022MassBio reported in its 2022 industry snapshot that Worcester County experienced 20.4% growth in biomanufacturing jobs and 19.4% research and development jobs between 2020 and 2021.
August 30, 2022
Wonder Plunger creator receives $50K financing from North Central Mass. Development Corp.
August 30, 2022Wonder Products of Sterling, has been approved by the North Central Massachusetts Development Corp. of Fitchburg for a $50,000 loan.
August 30, 2022
Owner of Lamartine St. property near Polar Park seeks special redevelopment designation
August 29, 2022The owner of 39 Lamartine St., the former site of Worcester Electrical Associates Inc., is seeking to have the property included in a commercial corridor overlay, which would allow for certain advantages in development.
August 29, 2022
Baker rides train through Worcester in promoting East-West Rail expansion
August 24, 2022Federal and state officials agreed Tuesday that Springfield can play an important role in the revitalization of passenger rail service in America, and Gov. Charlie Baker pledged to use his remaining time in office to put the long-discussed East-West
August 24, 2022
Heywood Healthcare property The Quabbin Retreat in Petersham sold for $3.3M
August 23, 2022The Petersham location of Gardner-based Heywood Healthcare’s addiction treatment facility The Quabbin Retreat has sold to development company, Waterstone Properties Group, Inc. of Needham for $3.3 million, according to the Worcester District
August 23, 2022
Greater Worcester unemployment remains flat at 3.7%
August 23, 2022The Worcester Metropolitan Statistical Area seasonally unadjusted unemployment rate remained at 3.7% in July.
August 23, 2022
Fitchburg Redevelopment Authority improves energy efficiency at Putnam Place
August 22, 2022The Fitchburg Redevelopment Authority replaced 300 light fixtures with LEDs at its business center, Putnam Place in Fitchburg, which along with other changes will save 113,000 kilowatt hours annually.
August 22, 2022
Sprinkler Factory owner seeks special district to allow for redevelopment of former arts gallery site
August 22, 2022New Street Realty Corp. of Worcester is requesting the City of Worcester establish an adaptive reuse overlay district for two Sprinkler Factory properties, which served as the former home of a nonprofits arts gallery.
August 22, 2022
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