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Economic Development
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Take WBJ's 2022 Economic Forecast survey
December 1, 2021WBJ is conducting its annual Economic Forecast survey, gauging readers' opinions about what 2022 will bring. Those who fill out the survey by Dec. 10 can win one of three $50 gift cards.
December 1, 2021
WBJ launching new Real Estate Insider enewsletter
November 11, 2021On Dec. 7, Worcester Business Journal will begin publication of a new weekly Real Estate Insider enewsletter, providing advanced market intelligence on commercial property purchases, sales, and leases in Central Massachusetts.
November 11, 2021
Sturbridge voters block planned $25M horse center with sports betting
November 1, 2021In a special town meeting on Thursday, residents of Sturbridge voted 449-325 to deny zoning bylaws for a $25-million equine center that would include sports betting.
November 1, 2021
Accumet Engineering will use $4.1M loan to build 40K-sq.-ft. Devens facility
November 1, 2021Advanced processing manufacturer Accumet Engineering, Inc., currently based in Hudson and Westford, plans to consolidate its operations in a planned 39,375 square-foot facility in Devens, using a $4.14-million tax-exempt bond from MassDevelopment.
November 1, 2021
Courthouse Lofts and Major Taylor Museum officially open
October 29, 2021State and local dignitaries celebrated the official opening of the Courthouse Lofts housing development in Worcester, as well as the opening of the Marshall “Major” Taylor Museum during a ribbon cutting ceremony on Friday.
October 29, 2021
Gardner, developer building 56-unit workforce housing, aided by state's $4M
October 29, 2021The City of Gardner received a $4.1-million grant from the state’s MassWorks program to revitalize its Main Street, according to a Monday press release from Mayor Michael Nicholson.
October 29, 2021
Marlborough granted $3M for 180 housing units, downtown upgrades
October 28, 2021The City of Marlborough received a $3-million grant from the Gov. Charlie Baker Administration to support 180 new housing units and 5,000 square feet of retail, among other Main Street upgrades.
October 28, 2021
Central Mass. population growth over the past decade exceeded expectations
Updated: October 25, 2021Fueled by communities near I-495 and the Massachusetts Turnpike, the Central Massachusetts region grew 8.1% in population from 2010 to 2020, outpacing both the state (6.0%) and nation (6.5%), according to the U.S. Census Bureau’s Decennial Census of
Updated: October 25, 2021
At a crossroads, Hopedale grapples with its future
Updated: October 11, 2021After 40 years of vacancy, the 1-million-square-foot Draper Mill facility is being demolished, leaving Hopedale with the chance to completely reinvent itself.
Updated: October 11, 2021-
Sturbridge horse center submits application for $50M racetrack project
October 4, 2021The Sturbridge Agricultural & Equestrian Center on Friday submitted an application with the Massachusetts Gaming Commission to construct and operate a racetrack in Sturbridge, marking the first of many steps for pushing forward the proposed
October 4, 2021 
Worcester courts ban Grafton & Upton Railroad from clearing Hopedale forestland
September 28, 2021After a lengthy battle, a group of Hopedale residents successfully won an injunction against the Grafton & Upton Railroad Co., preventing the railway from clearing roughly 130 acres of forestland in the town, according to a decision from the
September 28, 2021
Mini-cluster: Worcester is trying to carve out its own niche in biotech
Updated: September 27, 2021Located adjacent to the Polar Park baseball stadium in Worcester, the planned Left Field Building is a $16-million symbol of the ambitious plans in the city for the life sciences as a catalyst for its ever-evolving development efforts.
Updated: September 27, 2021
Polar Park's Left Field Building approved for $3M tax break
September 24, 2021The City of Worcester's $2.9-million tax break for the Madison Properties' 121,000-square-foot mixed-use building next to the $160-million Polar Park baseball stadium in Worcester, received final approval from the state, according to a Thursday
September 24, 2021
Eight projects, including Polar Park neighbor, approved for state tax credit and incentive programs
September 24, 2021A state council that oversees a tax credit and incentive program on Thursday approved aid for eight projects, including a planned boutique inn and speakeasy bar in Peabody and the developer of a hotel on the site of the long abandoned Great
September 24, 2021
Former Worcester chief of staff hired on to Memorial Auditorium project
September 24, 2021The AHF of Boston has hired Jake Sanders, former chief of staff to Worcester City Manager Edward Augustus, to oversee the redevelopment of the Worcester Memorial Auditorium as project executive.
September 24, 2021
Full redevelopment plan for Table Talk Pies site approved, including affordable housing, retail
September 9, 2021On Wednesday, the Worcester Planning Board approved the definitive site plan for a seven-story, 83-unit affordable housing complex in the place of Table Talk Pies in the Canal District.
September 9, 2021
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