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Construction
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Hot markets for residential: As Worcester’s small multifamily market cools, property owners see promise elsewhere
Updated: December 23, 2024With high-potential inventory in Worcester drying up, investors in smaller multi-family properties are casting a wider net to find parcels with promise.
Updated: December 23, 2024
Making big boxes fun again: As large retail spaces become vacant, landlords are finding immersive businesses like mini golf and pickleball can keep the crowds coming in
Updated: December 23, 2024Converting big-box retail spaces has become increasingly necessary as digital retail impacts demand.
Updated: December 23, 2024
WBJ's 10 bold predictions for 2025
Updated: December 23, 2024Every December for this Economic Forecast special edition, the journalists in the WBJ newsroom forecast 10 possible news events for the coming year, based on their expertise and the trends in the Central Massachusetts business community.
Updated: December 23, 2024
Weathering the perfect storm: Worcester’s slate of multifamily developments was hit hard in the last year, but a handful of projects were able to break through
Updated: December 23, 2024Some of Worcester’s proposed housing projects falling by the wayside isn’t helping the region’s housing crisis.
Updated: December 23, 2024
Mass. unemployment rose again in November
December 20, 2024The unemployment rate in Massachusetts continued to rise in November for the second month in a row, yet still remained lower than the national average.
December 20, 2024
Ameresco to build $8M microgrid project in New Brunswick
December 17, 2024Ameresco, a Framingham-based company specializing in energy resiliency projects, is working with a city in New Brunswick, Canada, to construct a microgrid project involving what the company says will be the largest rooftop solar installation in At
December 17, 2024
Developer behind Table Talk Lofts pitches new five-story building in Canal District
December 17, 2024Plans for the newly announced project call for the construction of a five-story building, featuring 46 studio apartments and about 1,500 square feet of commercial space.
December 17, 2024
UPS wins approvals for 845K-sq.-ft. warehouse on Grafton/Shrewsbury border
December 16, 2024Six years after purchasing more than 200 acres of property bisected by the municipal border of Grafton and Shrewsbury, a developer has won approvals to construct a 845,000-square-foot distribution center for delivery company UPS.
December 16, 2024
Gardner inks first first tenant for new community center
December 13, 2024The Waterford Community Center was developed at the site of the former Waterford Street School, which was left vacant in 2022 after the City constructed the Gardner Elementary School.
December 13, 2024
Watertown-based developer taking over remaining Table Talk Pie site, planning 185-unit building
December 13, 2024The new apartment building, dubbed The Residences at Table Talk Square, will be constructed on Green Street at what was the planned site for the third phase of the Table Talk Pie redevelopment.
December 13, 2024
Developer behind proposed 364-apartment Franklin St. complex wants less parking
December 12, 2024The developer behind a proposed 364-unit apartment building slated for Franklin Street in Worcester is seeking a 10% reduction in the amount of parking spaces proposed for the site.
December 12, 2024
WuXi construction resumes at delayed $300M facility as BIOSECURE Act stalls
December 12, 2024A pause in construction of the $300-million WuXi Biologics manufacturing facility at The Reactory biotech park in Worcester appears to be over.
December 12, 2024
Four-story, 122-room hotel proposed for Worcester near Route 146
December 5, 2024A Maryland-based firm is proposing to construct an extended-stay, 122-room WoodSpring Suites near Route 146,
December 5, 2024
Raising Cane’s planning first Worcester location
November 26, 2024Raising Cane's Chicken Fingers has fired the latest salvo in the battle between a number of fast-casual chicken chains seeking a larger presence in Central Massachusetts.
November 26, 2024
Developer pitches 491-unit luxury apartment complex near Worcester’s Grafton Street
November 25, 2024Plans call for the creation of five four-story buildings, alongside a parking deck and an open common area.
November 25, 2024
Champions of Health Care: Precourt tackles systematic healthcare challenges
Updated: November 25, 2024In October, he officially shed the interim title he held for more than a year, assuming his permanent role as the president of Central Massachusetts’ largest hospital, with its 749 beds, $2.1 billion in annual revenue, 3,200 registered nurses, and 1
Updated: November 25, 2024
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