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Economic Development
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TD Bank closes downtown Worcester branch in Guaranty Building, which now has 84% occupancy
July 19, 2024TD Bank has closed its branch in the Guaranty Building at 370 Main St. in downtown Worcester, leaving the 53-year old office building with another vacancy.
July 19, 2024
State agency signs 10-year lease at Southbridge Innovation Center
July 15, 2024The Massachusetts Department of Developmental Services has signed onto a 10-year lease at the Southbridge Innovation Center.
July 15, 2024
Cameras, not guns: Worcester native’s HollyWoo Studio looks to add to region’s media scene, provide creative outlet for youth
July 10, 2024The studio space includes multiple podcast studios, space for editing and production work, and a larger studio for film and photography work.
July 10, 2024
Walker Development moving HQ from Marlborough to Southborough, in expansion effort
July 8, 2024The company was founded in 2014 and is expanding to a new Southborough headquarters.
July 8, 2024
Mass. economic growth slowed in first quarter, ranks 31st in nation
July 3, 2024While the Massachusetts real GDP saw deceleration in growth in the first quarter of 2024, the state rose in national real GDP rankings from its position in 2023.
July 3, 2024
Plan to convert former Fallon HQ into 198 apartments receives $2.5M from state
July 3, 2024The 198-unit apartment conversion was the only Central Massachusetts project to receive an award as part of the state initiative to support housing development in Gateway Cities.
July 3, 2024
Development firm led by Harlan Crow buys site of proposed 220-apartment Worcester complex for $4.5M
July 1, 2024Crow is a major donor to the Republican Party and conservative causes and has received scrutiny for his close ties to U.S. Supreme Court Justice Clarence Thomas.
July 1, 2024
Amazon crews prepare former Greendale Mall facility to open by holiday shopping season
June 25, 2024Four permits have been issued for the site in 2024, according to City of Worcester records.
June 25, 2024
Developing equity: New $50M fund seeks to address housing crisis and lack of diversity
Updated: June 24, 2024MassHousing and the Massachusetts Housing Investment Corp have teamed up to launch what they say is the largest publicly led financing program of its kind in the country.
Updated: June 24, 2024
Troy Siebels stepping down as CEO of Hanover Theatre
June 17, 2024Siebels has informed the WCPA board of directors he is seeking to transition to a new role where he will focus on booking performances at the venue and the Francis R. Carroll Plaza in Federal Square. He will continue in the role until WCPA finds a
June 17, 2024
Franklin brewery to open beer garden on empty downtown Worcester lot
June 14, 202467 Degrees opened in 2020, just a month and a half before COVID-related shutdowns began.
June 14, 2024
Final act? Underutilized theater spaces offer unique architectural and cultural potential, but reopening these spaces is expensive and time-consuming
Updated: June 10, 2024Bringing older live performance spaces back to life could bolster the Central Massachusetts entertainment scene.
Updated: June 10, 2024
Clark is rebranding its School of Management, in hopes of attracting students to its mission of mixing business education with societal good
Updated: June 10, 2024On June 1, Clark University renamed its School of Management as the School of Business.
Updated: June 10, 2024
Now on the cusp of retirement, Jennie Lee Colosi has built roads and broken glass ceilings at the largest Central Mass. woman-owned construction firm
Updated: June 10, 2024Though the construction industry may still feel like a boys’ club to Jennie Lee Colosi, she seems to have navigated it well over the past five decades.
Updated: June 10, 2024
Two new Worcester healthcare buildings totaling $475M aim to improve quality of and access to health care
Updated: June 10, 2024UMass Chan Medical School has unveiled its $350-million New Education and Research Building designed to advance disease research while UMass Memorial Health is in the midst of constructing a $125-million, 72-bed acute care facility.
Updated: June 10, 2024
Movers & Shakers for June 10, 2024
Updated: June 10, 2024Employees at the Community Economic Development Assistance Corp., Fidelity Bank, and NAI Glickman Kovago & Jacobs moving up in their careers.
Updated: June 10, 2024
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