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Greater Worcester

Girls Inc. CEO to semi-retire

Victoria Waterman, the CEO of nonprofit Girls Inc. of Worcester is stepping down at the end of June after 11 years in the role. Waterman has been CEO of the Worcester nonprofit since 2012, before which she was president of the board of directors.

Worcester tech firm joins $4M investment in India-based blockchain platform

Worcester insurtech firm Xceedance is among a consortium of investors to provide $4.1 million to Vitraya Technologies, a blockchain company based in Punjab, India.

Developer proposes 300-condo mixed-income project in Shrewsbury

Pulte Homes of New England of Westborough has proposed a 300-unit condominium community, called Emerald Run, off Route 20 in Shrewsbury.

Historic Mission Chapel redevelopment receives $3.1M in financing

MassDevelopment and Bay State Savings Bank of Worcester combined to provide $3.1 million in construction financing for the developers of Mission on Summer, a seven-unit redevelopment of the historic Mission Chapel on Summer Street in Worcester.
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Glass Tower owner buys second piece of Worcester skyline

Boston developer Synergy Investments, which owns The Glass Tower at 446 Main Street has purchased two more Worcester office buildings, including another high rise, at One and Two Chestnut Place for $10.5 million.

UMass Memorial names first female board chair and first female, Latina vice chair

UMass Memorial Health has appointed Dr. Lynda Young as board chair and Elvira Guardiola as vice chair of the board of trustees. Young is the first woman to be chair, and Guardiola is the first woman and the first Latina to be vice chair.

WPI researcher receives $2.4M grant for infection detection app

The National Institutes of Health awarded Worcester Polytechnic Institute researcher Emmanuel Agu $2.4 million to develop a smartphone app to detect infections in open wounds.

DPU approves further cut in gas rates

State regulators have approved additional gas supply rate reductions, and customers will see lower costs beginning on March 1 and lasting until May 1.
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Worcester City Council receptive to proposed $11M tax break for Franklin St. development

Worcester developer GoVenture Capital Group, LLC, has requested an $11.3-million tax break over 15 years for its planned 364-unit apartment complex on Franklin St. in Worcester.

Worcester seeks stricter enforcement of DEI goals on projects receiving tax breaks

After a couple of high-profile violations of the City of Worcester’s policies on diversity hiring and contracting on public projects, the city government is considering instituting stricter enforcement for developers not meeting those goals.
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