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Real Estate

WPI makes controversial purchase of two Worcester hotels official, buys properties for combined $46M

WPI is following through with its purchase of two Gateway Park hotels.

🔒Inclusive development: The dustup over WPI’s hotel plans sparked a debate over who sits at Worcester’s tables of power

The WPI hotel-to-housing controversy sparked a secondary conversation about the organization which initially led the charge by sending WPI a fiery public letter.

Grafton Flea Market owners buy another Worcester property in $1.1M Coes Square retail plaza

A 8,561-square-foot Worcester retail plaza has been sold for $1.13 million to the owners of the Grafton Flea Market.

After liquidation announcement, LL Flooring finds buyer, allowing one Central Mass. store to remain open

The retailer formerly known as Lumber Liquidators has found a buyer for its assets, a move that should allow one of its three Central Massachusetts locations to remain open. 
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McGovern opposition to federal bill targeting Wuxi Biologics fails to stop House passage

Despite a late effort by Congressman Jim McGovern (D-MA) to stop what he described as a weak piece of legislation, the U.S. House of Representatives voted 306-81 to pass the BIOSECURE Act.

Worcester developer buys six Plantation Street properties from estate of late D’Iorio’s Hair Salon founder

Developer Michael Ermani has added six Plantation Street neighborhood properties to his Worcester portfolio.

Central Mass. LL Flooring locations to close, as company formerly known as Lumber Liquidators is shuttering

“This is not the outcome that any of us had hoped for,” a letter to customers on LL Flooring’s website reads.

Home Depot to build distribution center in Westminster, after landlord buys land for $17M

The Westminster Business Park is set to become the site of a Home Depot distribution building.
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After $1.2M purchase, developer to break ground on senior housing project at former Worcester Boys Club site

Developers will break ground on the project in early September.

Kelly’s Roast Beef opens Worcester location

The 73-year-old restaurant chain opened its first Worcester location on Tuesday.
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