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Economic Development

  • 2023 Power 50: Amy Chase

    Updated: May 1, 2023

    While 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, 2023

    Led 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, 2023

    Angela 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, 2023

    In 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
  • Two new restaurants open in downtown Fitchburg

    Timothy Doyle April 27, 2023

    As downtown revitalization efforts in Fitchburg are beginning to materialize, two pairs of local business owners opened new restaurants on Main Street in March and April.

    Timothy Doyle April 27, 2023
  • Healey overhauling state economic development plan

    Alison Kuznitz | State House News Service April 26, 2023

    State officials next week plan to jump-start the process for creating the administration's economic development plan, a framework that all new governors must produce during their first year in office.

    Alison Kuznitz | State House News Service April 26, 2023
  • Shrewsbury autism center acquired by national provider

    Isabel Tehan April 26, 2023

    Springtide Child Development, an autism center with locations in Shrewsbury and across Massachusetts and Connecticut, has been acquired.

    Isabel Tehan April 26, 2023
  • Central Mass. unemployment rates decrease after early-year rises

    Isabel Tehan April 25, 2023

    After months of growing unemployment across Central Massachusetts communities, rates decreased in all three of the region’s metropolitan areas tracked by the state between February and March.

    Isabel Tehan April 25, 2023
  • Worcester developer proposes 98-unit affordable housing project

    Timothy Doyle April 21, 2023

    Kensington Management, LLC submitted a proposal to the City of Worcester for a seven-story, 98-unit affordable housing development on Mason Street in Worcester.

    Timothy Doyle April 21, 2023
  • Next part of Main South mixed-income development proposed to ZBA

    Timothy Doyle April 20, 2023

    Worcester-based developer Civico has proposed a plan to convert an industrial building into mixed-income apartments at 98 Beacon St. in Worcester.

    Timothy Doyle April 20, 2023
  • WRTA approves zero-fare extension

    Kevin Koczwara April 20, 2023

    The Worcester Regional Transit Authority zero-fare bus program will continue at least until June of 2024. 

    Kevin Koczwara April 20, 2023
  • NEH awards Fitchburg State $500K for downtown theater project

    Timothy Doyle April 19, 2023

    Fitchburg State University received $500,000 from a National Endowment for the Humanities Challenge Grant to support the construction of a 250-seat black box theater adjacent to a historic theater in downtown Fitchburg.

    Timothy Doyle April 19, 2023
  • Major operations: Large life science companies contribute mightily to the region

    Isabel Tehan Updated: April 17, 2023

    Large for-profit life sciences companies have called Central Mass. their home for decades. Now, they play an important role in bringing talent, investment, and research to the region.

    Isabel Tehan Updated: April 17, 2023
  • Bankrupting the system: High utilization of travel nurses still causing financial strain

    Isabel Tehan Updated: April 17, 2023

    To cover for COVID-related staff shortages, hospitals are over-reliant on travel nurses, who are paid significantly more than staff.

    Isabel Tehan Updated: April 17, 2023
  • Denholm Building proposals call for either $113M or $65M mixed-use redevelopments

    Timothy Doyle April 13, 2023

    The rundown Denholm Building on Main Street in Worcester is slated to become either a $113-million, mixed-use housing development with an affordable component, or a $65-million mixed-use luxury apartment complex.

    Timothy Doyle April 13, 2023
  • Menkiti Group set to purchase former RMV site in downtown Worcester

    Timothy Doyle April 13, 2023

    The former Massachusetts Registry of Motor Vehicles lot at 611 Main St. in Worcester is under agreement for sale by Washington D.C. developer The Menkiti Group for $2.5 million.

    Timothy Doyle April 13, 2023

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Do you think Trump’s Big Beautiful Bill will prove a net positive or net negative for your company?
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Poll Description

On July 4, President Donald Trump signed into law massive new legislation designed to enact his agenda. The nearly 900-page package includes provisions such as $4.5 trillion in tax cuts, increased funding for immigration enforcement, and a $1-trillion reduction in Medicaid spending, while increasing the country’s debt limit by $5 trillion.