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Both of the large apartment complexes were constructed in the 1970s.
Level99 is in active negotiations in 15+ states, with the goal of locating urban and suburban markets with venues ranging from 30,000 to 45,000 square feet.
Gas in Worcester County has risen 5 cents from last week’s price of $3.06.
Ocean State Job Lot’s Westborough location is about to become one the big box’s largest stores.
Bountiful Farms, a Lakeville-based cannabis wholesaler, will soon open one of its first-ever recreational retail locations, with one set to debut in Framingham.
New board members have been appointed to the Girl Scouts of Central and Western Massachusetts and Worcester County Horticultural Society.
DetraPel, a Framingham-based chemical manufacturer once featured on the entrepreneur-focused TV show “Shark Tank”, is relocating its headquarters to Charlotte, North Carolina.
Baypath Humane Society of Hopkinton held a groundbreaking for its new animal shelter on Thursday.
Marlborough-based firm IPG Photonics is launching a high-energy laser defense system designed to tackle the growing threat of unmanned aerial systems.
Insulet has named two employees to new C-suite roles.
In an effort to increase the pace of new housing development in Massachusetts, Gov. Maura Healey has proposed streamlining the environmental review process for certain new housing projects, with the goal of reducing the time spent on the process from about one year to 30 days. Environmental reviews are a hallmark of community planning, to ensure new development doesn't negatively impact surrounding properties or natural resources, even though the process does add significant time and often cost to projects. Healey's proposal comes after Massachusetts fell behind the national average in new housing production, despite adding 90,000 new units since she became governor in 2023.
New England already averages the longest timeline in the nation to build a single-family home once the developer has been giving the authorization to move forward with construction, according to U.S. Census statistics compiled by the National Association of Home Builders. In 2023, single-family homes in New England averaged 13.9 months from permit to completion. The South Atlantic states have the lowest average of 8.9 months while the region that includes Texas, Oklahoma, Arkansas, and Louisiana is the second quickest at 9.4 months. The second-longest average after New England is the New York, New Jersey, and Pennsylvania region, which takes 13.2 months.
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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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