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Economic Development
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WRA to vote on $3M Denholm Building purchase Monday
August 5, 2022On Monday, at their 8am meeting, the Worcester Redevelopment Authority will vote on authorization to purchase for $3 million and accept a quitclaim deed for The Denholm Building at 484-500 Main St. in Worcester, according to the WRA’s agenda.
August 5, 2022
Chase aims for four Worcester-area locations by 2025
August 5, 2022With their first Worcester branch set to open next month at 81 Gold Star Blvd., Chase Bank, the consumer banking division of New York City based JPMorgan Chase, told WBJ that it plans to open three additional branches in the Worcester area.
August 5, 2022
Worcester area unemployment rate rose to 3.7% in June
August 5, 2022The Worcester Metropolitan Statistical Area unemployment rate rose to 3.7% in June, up from 3.5% in May, according to Bureau of Labor Statistics data released by the Massachusetts Executive Office of Labor and Workforce Development on July 26.
August 5, 2022
North Central Mass. Development Corp. approves $50K loan for Leominster business
August 5, 2022VP Auto Repair and Mechanical of Leominster will receive a $50,000 loan for improvements and equipment, approved by the North Central Massachusetts Development Corp. which is the economic development arm of the North Central Massachusetts Chamber of
August 5, 2022
Sustainability-minded developers buy seven multifamily properties for $4.65M
August 5, 2022Seven properties on one acre near the juncture of Pleasant Street and Richmond Ave. in Worcester sold in a deal on Wednesday for $4.65 million.
August 5, 2022
Following $2M sale, Leicester property to become 45-dock warehouse
August 3, 2022A 267,000-square-foot Class A warehouse will be constructed on a plot of land at 90 Huntoon Memorial Highway in Leicester.
August 3, 2022
Central Mass. communities awarded $3.4M for pedestrian, bicycle safety
August 3, 2022Communities in Worcester County and neighboring MetroWest communities received $3.4 million in grants from the Massachusetts Shared Streets and Spaces Grant Program for improvements benefitting pedestrians, cyclists, and riders of public
August 3, 2022
Sports betting pivoting to regulatory phase for details
August 2, 2022The Massachusetts Gaming Commission plans during a meeting Thursday to start discussing the work it will have ahead if or when Gov. Charlie Baker signs the sports betting bill that lawmakers sent to his desk Monday morning.
August 2, 2022
Lawmakers retreat on economic development bill
August 2, 2022House and Senate negotiators struck early morning agreements Monday on sports betting and mental health access but will keep a significant economic development bill in conference committee as they continue to wrestle with an existing law that could
August 2, 2022
Mass. gas prices drop 5 cents, now below $4.50
August 2, 2022The average price of a gallon of regular unleaded gasoline in Massachusetts fell to $4.47 a gallon on Monday, down 5 cents from the previous week.
August 2, 2022
WRRB: Community Preservation Act would improve Worcester’s livability
August 2, 2022Worcester voters will have a chance to vote on the Community Preservation Act, which uses a 1.5% property tax surcharge to fund community projects.
August 2, 2022
Canal District restaurateur buys Harding Tire location for $1.25M
July 29, 2022The owner of two prominent restaurants in Worcester’s Canal District neighborhood on Friday completed the purchase of the former Harding Tire Co. location for $1.25 million.
July 29, 2022
For $18M, Chicago real estate titan buys Douglas, Uxbridge land for 1M-sq.-ft. warehouse
July 29, 2022An entity registered to executives of CRG, a division of Chicago real estate giant Clayco, Inc. has purchased more than 63 acres of land in Douglas and Uxbridge for $17.6 million for a proposed warehouse facility of over 1 million square feet.
July 29, 2022
Boston Capital seeks approval for $19.6M bond for Table Talk Lofts
July 27, 2022As demolition of the former Table Talk Pies factory in Worcester continues, Boston Capital Development LLC is seeking approval to issue a tax-exempt bond worth up to $19.6 million to help fund construction of the first phase of its Table Talk Lofts
July 27, 2022
MWCC receives $500K Skills Capital grant for nursing program
July 27, 2022MWCC receives $500K Skills Capital grant for nursing program
July 27, 2022
Mass. unemployment drops slightly in June to 3.7%
July 22, 2022Massachusetts unemployment rate dropped by two-tenths of a percentage point to 3.7% in June
July 22, 2022
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