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Real Estate

Chip Norton, owner of Mercantile Center, files for bankruptcy amid lawsuits, $70M in debt

Norton’s use of personal guaranties for business dealings potentially throws the future of key Downtown Worcester properties into question. 

Big Y to open its seventh Central Mass. grocery store

Big Y is seeking to offer 4,000 local products sourced from partnerships with more than 500 local businesses.

Marlborough Hospital to double emergency department size amid $46M expansion

The hospital hopes to see its first patient at its expanded emergency department by November 2026.

Worcester Restaurant Week returns for summer edition

Worcester Restaurant Week is back, allowing local diners to enjoy a three-course meal for less than $30 per person at participating Central Massachusetts eateries.
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UniBank buys 100-year-old home linked to original founder’s family for $1M

This is far more significant than just a purchase of real estate — it’s a bridge between the past and the future,” Timothy Wickstrom, chairman of the board of directors at UniBank, said.

Central Mass. schools granted $6.6M to train adults for high-demand professions

A total of 680 adult learners will benefit from a combined $6.6 million in funding from the Massachusetts state government, seeking to boost training in high-demand occupations within the trades, construction, and manufacturing sectors.

Housing group pursuing ballot initiative to cap rent increases

Bay Staters might have the chance next year to vote on a proposed law to limit rent increases.

Charlton auto dealership sold to partnership backed by $2M WBDC small business loan

Worcester Business Development Corp. has added Butler GMC to its Small Business Administration 504 Loan portfolio.
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Southborough firm buys Northborough nursing home property for $6M

Alliance’s existing facilities are located in Marlborough, Templeton, Braintree, Brockton, Foxborough, Peabody, Quincy, and Wrentham.

New $84M youth athletic academy at former Bose campus in Stow to be site of USA Fencing center

A former Bose Corp. campus in Stow is set to be the site of an $83.8-million private boarding academy focused on developing students into elite athletes.
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