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Greater Worcester

Fallon HQ proposed for $87M conversion into 200+ apartments

A letter of interest submitted by Synergy and included as part of the agenda packet for Tuesday’s City Council meeting says a plan to convert office space to housing of this magnitude has not been previously attempted in Massachusetts. 

Pressure on state budget mounts as tax collection slump drags on

With tax revenues running $769 million behind projections after December, the Healey administration last month slashed the year-end revenue estimate by $1 billion.

Worcester multifamily building sells for $1.25M, more than double its 2015 sale price

A six-unit apartment building on the shore of Indian Lake in Worcester has sold for $1.25 million, five years after it was sold for $720,000.

Major swaths of state’s healthcare system considered high risk due to patient backlog

Major swaths of the state's health care system are now considered "high risk," with the crisis largely fueled by a major backlog of patients waiting to be discharged from hospitals, the Massachusetts Health and Hospital Association said Monday.
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Worcester business confidence falls into pessimistic territory to begin 2024

Despite concerns among the manufacturing sector and the pessimistic viewpoint of Central Massachusetts businesses, the state’s economy continued to grow.

Movers & Shakers for Feb. 5, 2024

New professionals have joined Synergy and UMass Memorial Medical Group.

🔒Steady, but too SLOW: Less than 16% of top executives and zero CEOs at major Central Mass. publicly traded companies are women

The situation in Central Massachusetts, where 15.6% of named executive officers are female, largely mirrors the Massachusetts rate of 16.1% determined in a statewide census.

🔒As fewer U.S. employees work remotely, Central Mass. businesses see benefits in the option, particularly for women who often have busier home lives

For women workers especially, increased flexibility and remote work options have opened up new possibilities for balancing work and family responsibilities.
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🔒Achieving diversity in higher education, without affirmative action

Halfway through her tenure as the university’s inaugural DEI fellow, Ilyasah Shabazz is helping Worcester State work to sustain an inclusive and welcoming environment

Co-working space in Worcester’s Mercantile Center opens

Venture X, a 15,000-square-foot co-working space in Worcester’s Mercantile Center, has officially opened its doors.
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