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Economic Development
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Mass. changes rules for 10-town pilot program barring fossil fuels from new developments
May 12, 2023After incorporating changes based on public feedback, state energy officials say they expect to finalize rules by July 1 for a program that will enable 10 cities and towns to require new building construction or major renovation projects to be
May 12, 2023
Report: Polar Park will run $40-60M deficit for Worcester city government
May 11, 2023An academic paper has used the $160-million Polar Park in Worcester as one of two examples of the problem of the pro forma model, saying the ballpark will saddle the city government with fiscal deficits up to $60 million.
May 11, 2023
Venture Forum and NCMDC receive grants to build startup economy
May 11, 2023Venture Forum in Worcester and the North Central Massachusetts Development Corporation in Fitchburg were chosen by the Innovation Institute at the MassTech Collaborative to receive two of its grants to bolster the regional startup economy.
May 11, 2023
Index: Central Mass. business confidence trending toward pessimism
May 8, 2023The business confidence index ticked lower for the second month in a row among businesses in Central Massachusetts, falling 1.4 points to a score of 50.3, nearing pessimistic territory on the region’s economy.
May 8, 2023
Leominster apartment conversion loaned $2.75M from MassDevelopment
May 3, 2023MassDevelopment has loaned $2.75 million to Boston developer Cougar Capital Management to convert an abandoned mill building in Leominster into 17 market-rate apartments.
May 3, 2023
MWCC granted $350K to train EV maintenance technicians
May 2, 2023The National Science Foundation awarded Mount Wachusett Community College in Gardner a $350,000 grant to train electric vehicle technicians.
May 2, 2023
Table Talk Lofts developer selected for WHA 374-unit Lakeside Apartments project
May 1, 2023The Worcester Housing Authority selected Boston Capital Development and its partner on the project, E3 Development LLC, for the WHA’s redevelopment of its 202-unit Lakeside Apartments complex.
May 1, 2023
2023 Power 50: Ivette Olmeda
Updated: May 1, 2023After the Main South TDI district graduated from the program, Ivette Olmeda was appointed to help another Worcester neighborhood along Pleasant Street in the vicinity of Piedmont Street.
Updated: May 1, 2023
2023 Power 50: Timothy Murray
Updated: May 1, 2023Timothy Murray is approaching 10 years leading the Worcester regional chamber, a powerhouse chamber in New England serving more than 150 communities in the region and 2,300 members.
Updated: May 1, 2023
2023 Power 50: Tuyet Tran
Updated: May 1, 2023The Southeast Asian Coalition of Central MA is the only organization of its kind in the region, and it was built from the ground up by and for Southeast Asian immigrants and refugees in Worcester. One of those was Tuyet Tran, then a young social
Updated: May 1, 2023
2023 Power 50: Michael Nicholson
Updated: May 1, 2023During the tenure of the state’s youngest mayor and Gardner’s first Latino elected official, Michael Nicholson is seeing signs of recovery as new businesses open and the neglected downtown is revived.
Updated: May 1, 2023
2023 Power 50: Jeffrey Cunningham
Updated: May 1, 2023Cunningham is using his influence as a developer to help communities make the most of what they have.
Updated: May 1, 2023
2023 Power 50: Amy Chase
Updated: May 1, 2023While a precarious retail market sent many across the city and region running, Amy Chase celebrated 10 years in business in September and remains a bright spot for the creative community.
Updated: May 1, 2023
2023 Power 50: Meredith Harris
Updated: May 1, 2023Led by Meredith Harris, the quasi-public nonprofit MEDC helped to fill 350,000 square feet of space and bring approximately 500 jobs in 2022 through business relocation and expansion.
Updated: May 1, 2023
2023 Power 50: Angela Bovill
Updated: May 1, 2023Angela Bovill holds the top job at one of the largest human services organizations in Central Massachusetts.
Updated: May 1, 2023
2023 Power 50: Eric Batista
Updated: May 1, 2023In the second largest city in New England, the city manager is the municipality’s CEO, more powerful than the mayor. He oversees a $778-million budget and almost 8,000 employees.
Updated: May 1, 2023
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