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Real Estate

Former WHA executive director Ruth Carlson dies

Ruth Carlson, who served for 22 years at the Worcester Housing Authority, including five years as executive director, passed away on Wednesday.

Worcester offers properties off Shrewsbury Street for redevelopment

The City of Worcester is seeking a developer to acquire and redevelop three city-owned lots being used by its Department of Public Works & Parks.

Movers & Shakers for Aug. 21, 2023

A number of local companies have announced new hires and promotions, including bankHometown in Oxford, SALMON Health and Retirement in Milford, NAI Glickman Kovago & Jacobs in Worcester, and Rollstone Bank & Trust in Fitchburg

🔒Branding the sky: Developers and tenants find value in putting their names on Worcester office buildings

Worcester has a hodgepodge of branded office towers resulting from the shifting office market, acquisitions, and a move to work-from-home policies.
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State adjusts approach to new housing in MBTA communities

The state on Thursday gave more flexibility to cities and towns required to have at least one zone in which denser, multi-family housing is permitted, but also expanded the list of state grant opportunities that can be denied to any town that does not comply with the law meant to spur badly-needed housing production.

Report: Mass. near bottom of pack for housing production

Massachusetts lags behind 40 other states when it comes to increasing its housing stock, a new report said this week, and the pace of new construction last year was just barely ahead of where it was in the depths of the pandemic in 2020.

Three Central Mass. multifamily complexes sold in massive $360M affordable housing deal

Utah real estate giant The Bridge Investment Group has acquired six Massachusetts multifamily developments, including two in Marlborough and one in Shrewsbury from Virginia-based Harbor Group International, totaling 1,722 units.

Devens fusion research firm buys 12 acres next to $2B campus for potential expansion

Commonwealth Fusion Systems of Devens purchased a 12-acre development site adjacent to its manufacturing and development facility.
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Watertown developer buys permitted development property near Polar Park for $3M

Watertown developer SMC Management Corp. has paid $3 million for the site of an approved mixed-use development on Madison Street in Worcester.

Local developer snaps up more Worcester property with $1.3M acquisition of former Caola Equipment location

Local developer Polar Views LLC added to its recent acquisitions of Worcester properties with a $1.3 million purchase.
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Girl Scouts of Central and Western Massachusetts
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