Downtown Worcester has been full of development activity for the past few years, as the city focuses on revitalizing the area and moving it away from only being a bustling place during office hours.
When German conglomerate Siemens AG bought the 120-year-old Morgan Construction Co. in 2008, Siemens introduced its corporate changes slowly to the Worcester company.
The state's banking division is pushing regulations that would prohibit lenders from foreclosing on properties if modifying mortgage terms would prove to be less expensive.
While Boston-area mayors go back and forth on two neighboring casino proposals, another prospective developer is glad to be outside the urban area as he seeks approval of a casino in Milford.
A host of dignitaries will be on hand this afternoon when University of Massachusetts officials dedicate their new $400-million Albert Sherman Center at UMass Medical School, a state-of-the-art biomedical research and education facility that opened earlier this month.
The number of completed foreclosures in Massachusetts fell almost 13 percent in 2012, reflecting a nationwide trend that could continue through this year if the real estate market becomes more robust, according to The Warren Group of Boston.
Private housing developers are stepping up to take on once- thriving, but now-abandoned industrial buildings that have created blight in the Central Massachusetts communities where they used to attract workers to a century ago.
On a bitterly cold evening, the proposed master plan for a downtown theater district in Worcester received a largely warm reception from about 150 people last night inside the Hanover Theatre for the Performing Arts.