Real Estate

Boston developer Trinity Financial proposed a complete redevelopment of its New Orchard Hills Estates affordable housing complex in Oxford.

Worcester staffing and executive recruiting company Partnership Employment is moving its offices from Elm Street after 21 years at the location to the 18th floor of The Glass Tower, at 446 Main St.

The Cove, a seven-story development abutting Polar Park in Worcester, has awarded 18% of its contracts so far going to subcontractors run by women or people of color.

The City of Worcester is set to allocate $2 million in American Rescue Plan Act funding to the United Way of Central Massachusetts, which the nonprofit will use to support its food insecurity programs.

Across the street from its first near-complete apartment building, Boston developer Madison Properties has begun a lease on the Polar Park parking garage that will pay the City of Worcester $4.3 million in base rent over the next 20 years.

Gov. Maura Healey announced Tuesday the launch of a "green bank" that she hopes will attract private investment and federal money to pay for building retrofits and new construction of decarbonized buildings in Massachusetts.

The Massachusetts Department of Environmental Protection assessed a penalty of $114,969 against a Worcester contractor for violations of asbestos regulations that occurred during work on a Worcester residential property in fall 2021.

A suite of tax credits aimed at incentivizing new housing development will not be "the end of what the Senate will be doing on housing," Senate President Karen Spilka said Monday.

The Comfort Inn property at 426 Southbridge St. in Auburn was sold on Thursday for $7.6 million.

Boston development firm WinnCompanies has entered an agreement to purchase 390 Main St. in Worcester in order to create a mixed-use, mixed-income development.