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Economic Development
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Editorial: Seeing the whole economic development picture
July 24, 2017Hanover didn't create the 225 jobs required for its 5-percent tax break on the improvements to its Lincoln Street headquarters but having the company make those improvements still increases the value of its properties and the ones around it.
July 24, 2017
Despite company shortcomings, Worcester kept tax breaks in place
July 24, 2017In the last five years, 75% of Worcester tax breaks were successful, but the city kept the benefits even for almost all missing their goals.
July 24, 2017
A $24M development, 111 years in the making
July 24, 2017After a $24-million renovation over a year and a half, Yarn Works at 1428 Main St. is now open with 96 units of mixed-income housing.
July 24, 2017
50 years later, downtown Worcester redevelopment takes lesson from the past
July 24, 2017Half a century after Worcester razed much of downtown to make way for the Galleria, the city is encouraging development concepts similar to what once was torn down.
July 24, 2017
No word yet on sales tax holiday
July 19, 2017With August approaching, Massachusetts retailers and shoppers are still waiting to see if they'll be granted a two-day break from the state sales tax or if Beacon Hill will skip the popular holiday for the second straight year.
July 19, 2017
Marlborough offering up to $25,000 for new restaurants, brewpubs
July 17, 2017Brewers and restaurateurs looking to open or expand in MetroWest now have an extra incentive to choose Marlborough.
July 17, 2017
Paris Cinema to be demolished for Worcester beer garden
July 11, 2017Worcester's Paris Cinema will finally be demolished next week to make way for a three-season beer garden with 320 seats and an events stage.
July 11, 2017
Aetna chooses New York as new HQ
June 30, 2017Aetna, the Hartford-based health insurer that has been searching for a new city to call home, announced Thursday that it will relocate its corporate headquarters to New York City by the end of 2018.
June 30, 2017
Worcester's 'American Hustle' building getting $26M revitalization
June 28, 2017A $26 million redevelopment announced Wednesday will fill Worcester's Central Building with 55 residential units and ground-floor retail, with funding help from the city and multiple state agencies.
June 28, 2017
Worcester picks $53M development for old courthouse
June 26, 2017A $53-million project with 125 apartment units and retail has been chosen by the city to be built at the long-vacant Worcester County Courthouse.
June 26, 2017
Greendale Mall surviving amid store closures, more competition
June 26, 2017As retailers across the country are expected to close thousands of locations this year, the Greendale Mall may need an unlikely rebound to avoid becoming another mall that couldn't make it through the online shopping trend.
June 26, 2017
Worcester Chamber supporting sales tax holiday
June 22, 2017Massachusetts should hold a sales tax holiday this summer but reject a tax on sugary drinks, a Worcester Regional Chamber of Commerce official told the state legislature this week.
June 22, 2017
Baker proposes $500M life sciences extension
June 20, 2017Gov. Charlie Baker's proposed $500 million extension of the life sciences initiative put in place by his predecessor in 2008 will put a greater emphasis on workforce building to support industries that have taken root in Massachusetts.
June 20, 2017
Bay State gets high business scores in report
May 30, 2017Massachusetts's business climate won high marks from dozens of companies interviewed for a new MassEcon report, particularly for its educated workforce and infrastructure.
May 30, 2017
How a merger saved Athol Hospital and made Heywood stronger
May 29, 2017At the time of Athol Hospital's merger with Heywood Healthcare, Athol had four days of cash on hand and one inpatient bed filled. Since then, it has swung to profitability.
May 29, 2017
Senate unanimously supports Boston-Springfield high speed train
May 26, 2017The Massachusetts Senate on Thursday unanimously agreed to study the feasibility of developing a high-speed rail line between Boston and Springfield, an issue its sponsor portrayed as a matter of regional economic equity.
May 26, 2017
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