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In December, Worcester law firm Bowditch & Dewey sold its building at 311 Main St. for $2.8 million to Cliff Rucker, who owns the Worcester Railers Hockey Club and is redeveloping properties around the city, including a hockey rink in the Canal District. The firm then signed an eight-year initial lease, with Rucker agreeing to make renovations.
Needing a way to get financing for Greater Worcester's startups and non-traditional borrowers, Timothy Murray at the Worcester Regional Chamber of Commerce dialed up one of his old contacts from when he was lieutenant governor, who just happened to be a little north of him in the county.
There are many blocks needed to build a successful business. These blocks are dynamic and contain specific infrastructures and characteristics, but fit together in a cohesive manner.
Worcester's industrial building are 40-percent empty, as landlords can't reconcile costly upgrades with the impact on their tax bill, especially for small manufacturers.
Charisma is that special something, that confidence and personality that light up any networking venue and make people around you feel respected and heard.
Two decades ago, Kevin O'Sullivan worked with a small biotech company named Valeritas in his Worcester incubator Massachusetts Biomedical Initiatives on what felt like groundbreaking technology at a time – a wearable insulin-dispensing device for Type 2 diabetes.
Owners of the Sole Propietor decided not to move the popular Highland Street restaurant after about a year of considering a new Mercantile Center location.
These businesses incorporated with the Massachusetts Secretary of State's Office from Nov. 16-30.
Attorneys Lisa M. Neely and Annette M. Hines were honored by the Massachusetts Chapter of the National Academy of Elder Law Attorneys.
Worcester Polytechnic Institute's Michelle Jones-Johnson shares her knowledge on the importance of diversity in business.
On March 19, a judge ruled the showdown between the Massachusetts attorney general and the Town of Milton will go before the full Supreme Judicial Court in October. The dispute is over the MBTA Communities Act, which requires cities and towns near T service to adopt zoning allowing multifamily housing by right in certain areas. Some Massachusetts local governments, including Holden, have pushed back against the requirement, saying such zoning doesn't fit in their communities.
Gov. Maura Healey and Attorney General Andrea Campbell have cracked down on non-compliant communities with lawsuits and by reducing state funding, as part of a larger effort to address the statewide affordable housing crisis. The MBTA Communities Act is one of a handful of laws designed to increase housing construction by having at least one zoning district of reasonable size where multifamily housing is permitted.
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SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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