Downtown Worcester Housing Conversion, Five Others Land HDIP Money
The Menkiti Group’s anticipated 48-unit residential conversion in downtown Worcester landed $3.16 million in state tax credits last week.
Hot Property: Main South Plaza
A row of vacant and blighted properties have been redeveloped as six commercial condominiums by a Worcester-based nonprofit, Main South Community Development Corp.
WATCH: We Toured Massachusetts’ Largest Office-Resi Conversion
The developer Synergy is converting Worcester’s Chestnut Place office tower to 198 highly amenitized apartments.
Hot Property: The Flexcon Lab at Auxilium
Accelerator and innovation studio Auxilium Worcester will open a lab in downtown Worcester to close gaps in accessible materials science lab space in Central Massachusetts.
Gateway Cities Bid for Self-Reliance
In the Gateway Cities, self-funded business improvement districts are picking up the slack to keep downtown areas fresh after weathering the pandemic.
Mass. Gateway Cities’ Big Assets Make Big Impacts
Massachusetts’ 26 Gateway Cities are important hubs, cultural centers and seats of government. They also have large sites ready for development and redevelopment.
MAP: Springfield Saw Most-Single Family Home Sales in September
For the second straight month, Springfield saw the most single-family home sales in all of Massachusetts.
Hot Property: Worcester’s The Cove
Residents of V10 Development’s new Worcester apartment complex can take in the minor league baseball action at Polar Park without ever leaving the property.
Banks Open New Branches in Worcester Suburbs
Webster Five has opened a new branch at 400 Southbridge St. in Auburn, and Bay State Bank has a new branch in Shrewsbury’s White City Plaza, on the Boston Turnpike.
139 Apartments for Downtown Worcester Parking Lot
A parking lot a block from Worcester’s landmark Glass Tower office building is slated for over 100 new apartments under a design approved by the city Planning Board approved earlier this month.
Bay State Savings Hires TD Bank Exec as Chief Commercial Banker
Bay State Savings Bank announced Tuesday that Anthony J. Pasquale will become the bank’s new chief commercial banking officer.
Massachusetts Shoots for Leadership in the ‘Hard Stuff’
Massachusetts lost biomanufacturing jobs last year, raising questions about the sector’s future in the state. But local and state leaders are planning initiatives to show the Bay State remains a formidable powerhouse.
Report Seeks Funding for Central Massachusetts Biomanufacturing
Following the recent pause of a high-profile biomanufacturing project in Worcester, a central Massachusetts incubator laid out a growth strategy for the industry cluster.
UniBank to Open Marquee Branch Next to Polar Park
Whittinsville-based UniBank played a big role in launching the redevelopment of the area around Worcester’s Polar Park. Now, it’s getting a branch in a premier location just across from the ballpark’s main gates.
State Lawmakers Say Cambridge ‘Maxed Out,’ Want Biotech Aid for Gateway Cities
Two Democrats who have a chance to stamp their mark on Gov. Maura Healey’s $3.5 billion plan to reinvigorate the state’s business climate want the benefits to stretch beyond the Boston metropolitan area.
Harvard Not the Only Winner from Feds’ Mass. Pike Money
A $335.4 million federal grant to rebuild a key section of the Mass. Pike and build a new transit hub in Allston will help unlock Harvard University’s plans for a big, new science and technology-focused neighborhood. But the school isn’t the only winner, experts say.
Middlesex Savings Bank Opens First Worcester Branch
The $6.2 billion-asset Middlesex Savings Bank is opening a new branch in Worcester, its first location in Central Massachusetts.
Developer Seeks to Triple Size of Worcester Biomanufacturing Facility
Worcester’s biggest life sciences development site could get a lot bigger thanks to a proposal the city’s Planning Board is expected to consider next month.
East-West Rail Lands $108M in Federal Funding
A long-proposed project to link Boston and Springfield with frequent, regular passenger train service now has money for infrastructure improvements that can pave the way for a future East-West Rail passenger train line.
Biomanufacturing Is Key to State’s Future, But It Needs Investment
If Massachusetts wants to remain on top in biotech, a way to do so is to invest in biomanufacturing and think beyond the life sciences hubs of Boston and Cambridge.
