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Economic Development
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Worcester launches long-term citywide planning process
March 1, 2022The City of Worcester is launching an 18-month citywide planning process in an effort to address issues regarding housing, land use, environment, transportation, and economic development.
March 1, 2022
Pleasant Street joins concentrated economic development program
February 18, 2022Worcester’s Pleasant Street will be one of the state’s next participants in the Transformative Development Initiative, a program dedicated to accelerating economic growth in Gateway Cities.
February 18, 2022
WBJ Economic Forecast: Workers will be the key to a robust economy
February 17, 2022The pandemic has disrupted employment across the Worcester region, but better days are likely at hand, a panel of experts said this morning during the WBJ Economic Forecast Forum webinar.
February 17, 2022
Fitchburg State granted $417K for downtown revitalization
February 16, 2022Fitchburg State University’s downtown revitalization project, ReImagine North of Main, received a $417,270 grant from the Gov. Charlie Baker Administration.
February 16, 2022
Worcester, Fitchburg receive $1M for downtown developments
January 28, 2022Worcester and Fitchburg have received just over $1 million in Transformative Development Initiative Equity grants for their respective neighborhood revitalization efforts.
January 28, 2022
Dudley $45M mill redevelopment seeks to further anchor a revitalization
Updated: January 24, 2022Over 200 years and several ownership changes later, the vacant 1864-era complex remaining today is on the brink of being redeveloped into loft apartments.
Updated: January 24, 2022
Southbridge Innovation Center seeks to tie historic past to a future enticing to new residents, old residents, and businesses
Updated: January 24, 2022Charles “Chip” Norton, director of Franklin Realty Advisors in Wellesley, has breathed new life into once boarded up buildings by developing them into Southbridge Innovation Center.
Updated: January 24, 2022
Downsized: Shrinking developments around Polar Park raise concerns about the stadium payoff plan
Updated: January 24, 2022With the main development delayed yet again, the secondary one cut in half, and the third development proposal only committed to a small phase, the City might have to expand the tax district again to pay for its stadium debt.
Updated: January 24, 2022
Southbridge Innovation Center to house police training center
January 20, 2022The Southbridge Innovation Center, a mixed-use development located in Southbridge, will be the official flagship location for the Massachusetts Municipal Police Training Center (MPTC).
January 20, 2022
WBJ seeks ideas for Power 50 list
January 11, 2022The Worcester Business Journal editorial staff is seeking readers' ideas for this year's Power 50, WBJ's annual list of the most influential professionals in Central Massachusetts.
January 11, 2022
Best of Business 2022: Events & Venues
Updated: January 10, 2022Seven organizations won nine awards in the Best Events & Venues super category, including Best New Real Estate Development, Best Private Golf Club, and Best Venue for a Corporate Event.
Updated: January 10, 2022
WBJ's editorial staff predicts these 10 news events will happen in 2022
Updated: December 20, 2021Every December, the WBJ Editorial Staff makes 10 predictions of news events and trends coming in the next year for the Central Massachusetts economy.
Updated: December 20, 2021
WBJ readers forecast 2022: Better, not great
Updated: December 20, 2021Looking into the crystal ball for 2022 in WBJ’s annual Economic Forecast survey, our readers don’t have quite the same level of optimism for the upcoming year at they did heading into 2021
Updated: December 20, 2021
Worcester’s 30-year plan to have Polar Park pay for itself has hit a rough patch, as the city finds unexpected solutions
Updated: December 6, 2021The City of Worcester’s team-friendly effort to pay off the $160-million cost of the Polar Park baseball stadium over 30 years is off to a rocky start.
Updated: December 6, 2021
Millbury awarded $1.2M for downtown improvements, 59-unit housing development
December 3, 2021The Town of Millbury received almost $1.2 million from the MassWorks Infrastructure Program for improvements to its downtown, according to a Thursday press release from the Massachusetts Executive Office of Housing and Economic Development.
December 3, 2021
MassDevelopment sells $3M Devens property for biomanufacturing facility
December 2, 2021Red Tail Heights in Devens, a 26-acre parcel of land overlooking Red Tail Golf Club, was sold by MassDevelopment for more than $3 million in early November, according to the Worcester South District Registry of Deeds.
December 2, 2021
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