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Economic Development

  • Report: Closing racial divides would provide GDP jolt

    State House News Service May 19, 2021

    Gross state product would increase by $25 billion over five years if Massachusetts closed its racial divide in wages, housing, investments, and wealth, according to a new report.

    State House News Service May 19, 2021
  • Is your business improving? Or not? Tell us in WBJ's mid-year economic survey

    May 17, 2021

    Everyone who participates in this mid-year economic survey will be entered into a drawing for one of four $50 gift cards to a local restaurant.

    May 17, 2021
  • Shrewsbury's $53M Edgemere housing development slated for June 2022 opening

    Brad Kane May 14, 2021

    The residential component of the Edgemere Crossing at Flint Pond development, which will be anchored by an 80,000-square-foot Market Basket grocery store, is expected to deliver its first by June 2022.

    Brad Kane May 14, 2021
  • WooSox sell out inaugural game at Polar Park

    Brad Kane May 12, 2021

    In an event in the works since 2018 that likely would have been a sellout regardless of capacity, the Worcester Red Sox first home game Tuesday at their $160-million public stadium in the Canal District sold out.

    Brad Kane May 12, 2021
  • Central Mass. communities split $1.5M in shared streets funding

    Sharon Boateng May 10, 2021

    Gov. Charlie Baker’s administration has awarded the amount of $5.3 million for the Share Winter Streets & Spaces program, according to an announcement by the Massachusetts Department of Transportation.

    Sharon Boateng May 10, 2021
  • 2021 Power 50: Jessica Strunkin

    Updated: May 10, 2021

    A quarter century after Fort Devens closed as a military base, ambitious plans by MassDevelopment for remaking the site as an economic development hub are being realized.

    Updated: May 10, 2021
  • 2021 Power 50: Timothy P. Murray

    Updated: May 10, 2021

    Much of the rise of the Worcester Regional Chamber of Commerce – and the Greater Worcester economy as a whole – as a force for business advocacy and change in Massachusetts can be traced back to Timothy P. Murray stepping down as lieutenant governor

    Updated: May 10, 2021
  • 2021 Power 50: Bo Menkiti

    Updated: May 10, 2021

    If an old downtown Worcester building is being brought back to its former glory, the chances are good Menkiti and his firm are involved.

    Updated: May 10, 2021
  • 2021 Power 50: The most influential people in the Central Mass. economy

    Brad Kane Updated: May 10, 2021

    Power dynamics in the Central Massachusetts business community made two major shifts in 2021, due to the two major events upending the entire global community.

    Brad Kane Updated: May 10, 2021
  • 2021 Power 50: Allen W. Fletcher

    Updated: May 10, 2021

    In February 2020, when Allen W. Fletcher opened his Worcester Public Market off of Kelley Square in the Canal District, it marked a high point in his four-year effort to convert a dirt lot into a vibrant mixed-use development with a European-style

    Updated: May 10, 2021
  • 2021 Power 50: Craig L. Blais & Roberta L. Brien

    Updated: May 10, 2021

    More often than not, when you hear about a developer planning a new project in Greater Worcester – particularly on a long-stagnated property – the invisible hand of WBDC worked behind the scenes to get the deal done: prepping properties for

    Updated: May 10, 2021
  • 2021 Power 50: Roy M. Nascimento, CCE, IOM

    Updated: May 10, 2021

    Under Roy Nascimento’s leadership since 2015, the North Central Massachusetts Chamber of Commerce has truly become the leading economic development organization in North Central Mass., performing surveys of the region’s businesses and assessments of

    Updated: May 10, 2021
  • 2021 Power 50: Larry Lucchino

    Updated: May 10, 2021

    At the heart of all decisions made by the Worcester Red Sox – leaving Pawtucket after 50 years, picking the Canal District as its new site, designing the baseball stadium, the formation of its charitable foundation – is Larry Lucchino.

    Updated: May 10, 2021
  • Report: Framingham had $253M in new construction since 2016

    Sam Bonacci April 29, 2021

    In the last five years, Framingham has seen $253 million in new construction projects, according to a report released Wednesday by the city.

    Sam Bonacci April 29, 2021
  • WBJ announces the Hall of Fame, Class of 2021

    Brad Kane Updated: March 15, 2021

    Five years ago, WBJ created its Hall of Fame in order to honor the lifetime achievements of those professionals who have significantly improved the Central Massachusetts economy and community. With the induction this year of the Class of 2021, the

    Brad Kane Updated: March 15, 2021
  • Worcester eyes footing in post-pandemic world

    Colin A. Young, State House News Service March 9, 2021

    Worcester has changed a lot over the last decade and a half. Not only has its downtown been physically transformed through a half-billion-dollar revitalization project, but City Manager Ed Augustus said the city in the heart of the commonwealth is

    Colin A. Young, State House News Service March 9, 2021

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Today's Poll

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.