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Economic Development
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WBJ panelists see optimism for post-pandemic economy
Updated: February 11, 2021Vaccines are being distributed, financial savings have brought pent-up demand, and federal stimulus aid has totaled the equivalent of roughly 17% of the American economy — with potentially far more still to come. That's enough for Michelle Meyer, a
Updated: February 11, 2021
WBJ Podcast: What to expect in 2021
December 22, 2020Much like the rest of the country and the world, 2020 was a tough year in Central Massachusetts business. Looking at WBJ's Economic Forecast special edition, WBJ Podcast hosts Brad Kane and Hank Stolz look at what is to come for the region's economy
December 22, 2020
Economic forecast survey results: Hoping to move on from a bad year
Updated: December 21, 2020In WBJ’s annual survey of readers regarding their outlook for next year, the overwhelming consensus is 2020 was not a good year for businesses in Massachusetts, but 2021 will almost certainly bring better fortunes.
Updated: December 21, 2020
blumshapiro to join national professional services firm
December 17, 2020Hartford business advisory firm blumshapiro, which has an office in downtown Worcester, will join CiftonLarsonAllen LLP, known as CLA, effective Jan. 1, the company announced on Thursday.
December 17, 2020
Draper Mill in Hopedale to be 100% demolished
December 1, 2020After announcing in August that a quarter of the 1.8-million-square-foot Draper Mill in Hopedale would be demolished to make the site more amenable to new development, the owner of the historic centerpiece of the town said Tuesday the facility now
December 1, 2020
Worcester, Hudson improvement districts shift expectations during pandemic
Updated: November 23, 2020In Worcester, a district still in its infancy was forced to abruptly shift from seeking a place-making consultant to helping to provide resources and advocacy for neighborhood stores.
Updated: November 23, 2020
Ashland seeking a partner to transform historic Valentine Estate
October 29, 2020The town of Ashland is seeking a partner to transform the historic Valentine Estate into an asset for visitors and residents alike.
October 29, 2020
WBJ to host webinar on COVID's impact on commercial real estate
September 24, 2020On Friday, Oct. 2, Worcester Business Journal will host the latest webcast in its series looking at the changes in the business community in the wake of the coronavirus pandemic, focusing on commercial real estate and delving into the data and early
September 24, 2020
WBJ Podcast: Galaxy Life Sciences’ plans for a Worcester biotech cluster
September 22, 2020Webster developer Galaxy Life Sciences believes the Massachusetts life sciences industry is so strong, the company will have a new tenant lined up for its new $50-million biomanufacturing facility in a matter of months.
September 22, 2020
Hotel, apartment development surrounding Polar Park shrinks and is delayed 2 years
September 18, 2020The planned $125-million mixed-use development surrounding the Polar Park baseball stadium in the Canal District will be smaller than anticipated and be realized about two years later than initially scheduled.
September 18, 2020
Creative Hub Worcester getting $500K boost from UMass Memorial
August 27, 2020UMass Memorial Health Care will announce on Monday a seven-year, $500,000 investment loan to Creative Hub Worcester, a proposed arts and events center at the former Boys Club in the Main South neighborhood.
August 27, 2020
Economic experts to present revised 2020 forecast for Central Mass.
August 12, 2020As the COVID-19 pandemic continues to wreak havoc on the economy, experts at a WBJ panel on Tuesday will aim to address some key questions about current national and economic data and attempt to provide some perspective.
August 12, 2020
WBJ Podcast: Why Webster Five backed a $4M restaurant during the pandemic
August 10, 2020The senior business lending office for Webster Five bank joins The Weekly Business Report to discuss the bank's backing of the Broadway Hospitality Group's two-story, rooftop restaurant.
August 10, 2020
Pepperell office complex receives $4.5M MassDevelopment loan
August 5, 2020MassDevelopment, the state’s finance and development agency, announced Wednesday it has provided a $4.5-million loan for the continued redevelopment of Pepperell Place.
August 5, 2020
WBJ Podcast: When will Mechanics Hall reopen?
June 29, 2020After losing nearly all of its events because of the COVID-19 shutdown, Mechanics Hall officially closed on June 19. Executive Director Kathleen Gagne details the events that led to that closure and discusses what needs to happen in order for the
June 29, 2020
For first time in three months, Worcester County had zero coronavirus deaths Saturday
June 29, 2020Worcester County had 88 new coronavirus cases and four fatalities between Friday and Sunday, according to the Massachusetts Department of Public Health.
June 29, 2020
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