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ACE will move from its current space in the Denholm building on Main Street to the 65,000-square-foot property at 51 Gage St., the organization said in a statement Thursday. Plans are underway to renovate the property over the course of the year.
“The size of 51 Gage St. has inspired the ACE team to dream big. We envision the property as a future resource center and cultural hub that exists to meet the needs of Central Massachusetts’ African communities,” said Kaska Yawo, executive director and co-founder of ACE, in a statement. “In the coming months, we will continue to work with community leaders to identify areas of need and invite partners, who, like ACE, provide essential services for local immigrants and refugees, to share this space."
Worcester-based real estate agency NAI Glickman Kovago & Jacobs brokered the deal.
The City has been in private talks with an eye toward acquiring ACE’s former home, the 200,000-square-foot Denholm building.
The Gage Street property was formerly owned and operated by Learning First Charter Public School, which moved to the site of St. Mary’s School off Vernon Street this spring. The charter school bought that property for $4.3 million with plans for a $14-million renovation.
The property is assessed at $6.4 million, according to the Worcester assessors’ database.
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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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