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Economic Development

  • Gaming centers haul in nearly $100M in July

    Colin A. Young | State House News Service August 16, 2022

    The state's three gaming centers raked in nearly $100 million in gross gaming revenue last month with more than $27.6 million bound for the state's coffers, the Gaming Commission announced Monday.

    Colin A. Young | State House News Service August 16, 2022
  • Baker staying optimistic on eco dev, tax relief

    Chris Lisinski | State House News Service August 16, 2022

    Gov. Charlie Baker is holding out hope that top Democrats will reach agreement on some form of their shelved tax relief and spending bill, even though the August decrescendo represents what he called "a tough time."

    Chris Lisinski | State House News Service August 16, 2022
  • Lowell investment group expands Gardner holdings

    Timothy Doyle August 15, 2022

    An entity registered to Millennium Holding Group, LLC of Lowell purchased two multifamily properties in Gardner on Friday for a combined $1 million.

    Timothy Doyle August 15, 2022
  • Dems still far apart on economic development bill

    Colin A. Young | State House News Service August 10, 2022

    Talks between the House and Senate around economic development and tax relief have continued since formal sessions ended early on Aug. 1 but the sides remain far apart and, according to Senate President Karen Spilka, House leaders last weekend

    Colin A. Young | State House News Service August 10, 2022
  • Kraft Group’s 373,500sf Boylston manufacturing facility hits construction milestone

    Timothy Doyle August 10, 2022

    The 373,500-square-foot manufacturing facility the Kraft Group is building for its Worcester-based packaging manufacturing division held its topping off ceremony on Tuesday.

    Timothy Doyle August 10, 2022
  • Fitchburg furniture store receives $15K NCMDC loan

    Timothy Doyle August 9, 2022

    Lucy’s Furniture and Upholstery of Fitchburg received a $15,000 loan from the North Central Massachusetts Development Corp. of Fitchburg, to purchase fabric for furniture repair.

    Timothy Doyle August 9, 2022
  • Fed climate bill could fuel greening of economy

    Chris Lisinski | State House News Service August 9, 2022

    Elected officials and environmental activists are still waiting to see what Gov. Charlie Baker will do with a reshaped clean energy bill on his desk, and they hope major legislation that cleared the U.S. Senate on Sunday will give the governor a bit

    Chris Lisinski | State House News Service August 9, 2022
  • MassDOT will take bids on former RMV property next month

    Timothy Doyle August 8, 2022

    As Worcester area residents adjust to the Massachusetts Registry of Motor Vehicles moving from Main Street, the move opens a prime piece of real estate in the city’s rapidly developing downtown.

    Timothy Doyle August 8, 2022
  • State tax collections soared more than 20 percent In FY 2022

    Colin A. Young | State House News Service August 8, 2022

    State tax collections soared by more than 20 percent in the last year and are up nearly 40 percent over the last two years, the Department of Revenue said Thursday as it announced that it took in $41.105 billion for the budget year that ended June

    Colin A. Young | State House News Service August 8, 2022
  • Goldberg hopes online lottery can make eco-dev cut

    Colin A. Young | State House News Service August 8, 2022

    Three years ago, Treasurer Deborah Goldberg declared that "if sports betting is available online, the Lottery must be available online also." But now with a sports betting bill awaiting the governor's signature, the idea of online Lottery sales

    Colin A. Young | State House News Service August 8, 2022
  • WRA votes to purchase Denholm Building for $3M

    Timothy Doyle August 8, 2022

    The Worcester Redevelopment Authority voted unanimously to authorize the $3 million purchase of 484-500 Main St. in Worcester, with the deal expected to close by mid-month.

    Timothy Doyle August 8, 2022
  • WRA to vote on $3M Denholm Building purchase Monday

    Timothy Doyle August 5, 2022

    On Monday, at their 8am meeting, the Worcester Redevelopment Authority will vote on authorization to purchase for $3 million and accept a quitclaim deed for The Denholm Building at 484-500 Main St. in Worcester, according to the WRA’s agenda.

    Timothy Doyle August 5, 2022
  • Chase aims for four Worcester-area locations by 2025

    Timothy Doyle August 5, 2022

    With their first Worcester branch set to open next month at 81 Gold Star Blvd., Chase Bank, the consumer banking division of New York City based JPMorgan Chase, told WBJ that it plans to open three additional branches in the Worcester area.

    Timothy Doyle August 5, 2022
  • Worcester area unemployment rate rose to 3.7% in June

    Timothy Doyle August 5, 2022

    The Worcester Metropolitan Statistical Area unemployment rate rose to 3.7% in June, up from 3.5% in May, according to Bureau of Labor Statistics data released by the Massachusetts Executive Office of Labor and Workforce Development on July 26.

    Timothy Doyle August 5, 2022
  • North Central Mass. Development Corp. approves $50K loan for Leominster business

    Timothy Doyle August 5, 2022

    VP Auto Repair and Mechanical of Leominster will receive a $50,000 loan for improvements and equipment, approved by the North Central Massachusetts Development Corp. which is the economic development arm of the North Central Massachusetts Chamber of

    Timothy Doyle August 5, 2022
  • Sustainability-minded developers buy seven multifamily properties for $4.65M

    Timothy Doyle August 5, 2022

    Seven properties on one acre near the juncture of Pleasant Street and Richmond Ave. in Worcester sold in a deal on Wednesday for $4.65 million.

    Timothy Doyle August 5, 2022

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Today's Poll

Should Worcester impose limits on the installation of billboards?
Choices
Poll Description

On June 23, the Worcester Zoning Board of Appeals unanimously struck down a proposal to erect a digital billboard at 5 Norton Dr., a location visible along I-190 and shining light onto Indian Lake.

The digital billboard, proposed by Ohio-based Kenjoh Outdoor Advertising, would have stood 75 feet tall with a total of 820 square feet, which is bigger than the standard billboard size. At the zoning board meeting, Kenjoh Outdoor claimed the billboard would require less luminance than the maximum allowed under brightness and dimming control requirements, meaning the sign would not create unnecessary visual clutter nor would it substantially block visibility of signs on abutting lots.

Conversely, residents expressed concerns that the digital billboard would result in a number of negative environmental impacts, including interfering with wildlife, lowering property values, and posing traffic safety risks.