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Economic Development
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Gig worker battle: Silicon Valley says Worcester County gains $899M in economic impact
April 20, 2022In the latest round of the fight between Silicon Valley and Massachusetts regulators over whether workers for companies like Uber and Lyft should be considered full-time employees, the businesses are pushing a UCLA study showing gig workers have had
April 20, 2022
Worcester expands Union Station project to include waterproofing
April 18, 2022The Worcester Redevelopment Authority approved at its latest meeting to increase the contract price for further accessibility and side platform work at Worcester’s Union Station by an additional $3.8 million.
April 18, 2022
WooSox home opener set for Tuesday
April 11, 2022The team completed its inaugural season with an attendance average of 6,145 fans per home game, good for sixth among all minor league teams, and included two sellouts and seven games with more than 8,500 fans in attendance.
April 11, 2022
Central Mass. business confidence falls below state average in March
April 4, 2022After a streak of above-average business confidence, Central Massachusetts business owners’ optimism slipped in March.
April 4, 2022
WBJ panel: Worcester’s growing residential and commercial developments go hand-in-hand
March 30, 2022Thanks to a 14% growth in population over the last decade, Worcester has begun attracting a flurry of ambitious developers, mostly from the east, who are looking to be a part of the city’s evolution.
March 30, 2022
Amid record-breaking outflow from urban areas, Worcester County population in 2021 remained stable
March 29, 2022Despite downward population trends in most cities, Worcester County’s population remained stable with zero growth or loss.
March 29, 2022
bankHometown parent to acquire Randolph bank for $147M
March 29, 2022Hometown Financial Group, Inc., the holding company for bankHometown in Oxford, plans to acquire Randolph Bancorp, Inc. the Quincy-based holding company of Envision Bank, for $146.5 million.
March 29, 2022
Infiltrating Worcester's inner circle
Updated: March 21, 2022Informal meetings take place across Worcester everyday with the express goal of uplifting a Gateway City on the brink of larger economic and cultural significance.
Updated: March 21, 2022
Meeting 2022 with optimism: Post-COVID conferences returning
Updated: March 21, 2022The mood is now decidedly upbeat when it comes to meetings and conferences coming back to Worcester venues such as Mechanics Hall, the DCU Center, and AC Hotel by Marriott Worcester.
Updated: March 21, 2022
Business Leaders of the Year: Menkiti activates Worcester’s unrealized potential, one project at a time
Updated: March 7, 2022Bo Menkiti's underlying belief is communities have unrecognized value that would be positive for everyone if it was unlocked.
Updated: March 7, 2022
Business confidence: Why a new index shows local employers as overly optimistic
Updated: March 7, 2022Although it’s practically brand new, the Central Massachusetts Business Confidence Index has revealed employer attitudes in the region are trending more optimistic than the rest of the state.
Updated: March 7, 2022
WBJ names the 2022 Business Leaders of the Year
Updated: March 7, 2022The five Business Leaders of the Year have committed themselves to excellence, elevating their companies and their communities to levels not possible without their involvement.
Updated: March 7, 2022
Worcester launches long-term citywide planning process
March 1, 2022The City of Worcester is launching an 18-month citywide planning process in an effort to address issues regarding housing, land use, environment, transportation, and economic development.
March 1, 2022
Pleasant Street joins concentrated economic development program
February 18, 2022Worcester’s Pleasant Street will be one of the state’s next participants in the Transformative Development Initiative, a program dedicated to accelerating economic growth in Gateway Cities.
February 18, 2022
WBJ Economic Forecast: Workers will be the key to a robust economy
February 17, 2022The pandemic has disrupted employment across the Worcester region, but better days are likely at hand, a panel of experts said this morning during the WBJ Economic Forecast Forum webinar.
February 17, 2022
Fitchburg State granted $417K for downtown revitalization
February 16, 2022Fitchburg State University’s downtown revitalization project, ReImagine North of Main, received a $417,270 grant from the Gov. Charlie Baker Administration.
February 16, 2022
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