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Madison Properties has received $57 million in financing for its 228-unit residential building from Rockland Trust Company.
With 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.
Boston Capital Development LLC, the firm constructing a six-phase development at the former Table Talk Pies headquarters, closed on the purchase of the development site on Wednesday for $4.55 million, according to a press release from NAI Glickman
The completion date for a 228-unit residential building next to the Polar Park baseball stadium in Worcester has been further pushed back for a third time, now more than two years from the original opening date, said president of developer Madison
The 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.
Plans for a gas station to fill a 1.5-acre plot of land on Quinsigamond Avenue in Worcester is slated to go before the zoning board on Monday, roughly a month after city residents shot down a similar proposal on Park Avenue.
Seven 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.
The Worcester Red Sox received a $50-million offer to be purchased by California-based Endeavor Holdings Group, Inc. but the offer was rejected by the team’s current owners, according to a Thursday report from the Boston Globe.
Developer Churchill James has significantly reduced its plans for the redevelopment of The Cove residential tower in Worcester’s Canal District.
Every year, WBJ's editorial staff makes 10 predictions for news events in the coming year. Turns out, 2021 was almost impossible to predict, as we got three right.
Two years ago, David Moore retired as Worcester’s city solicitor, but he’s taken on a new role overseeing one of Central Massachusetts’ weightiest investments.
Every December, the WBJ Editorial Staff makes 10 predictions of news events and trends coming in the next year for the Central Massachusetts economy.
To help you navigate the ins and outs of the region's business community, WBJ has compiled a list for its Economic Forecast edition of 22 people who will have an outsized role in shaping those trends.
The Worcester Red Sox on Saturday will launch a fully automated retail center at Polar Park called WooSox Market, according to a Friday press release.
The City of Worcester is converting all street parking meters to pay-by-plate and pay-by-phone kiosks, and upping parking rates from $1 per hour to $1.50, according to a Monday press release from the City.
The 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.