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Two properties in Gardner’s downtown sold for $926,000 to an investment firm with a history of redevelopment projects in the city, according to a Friday release from the Gardner mayor's office.
Single-family home prices in Worcester increased 16.9% in April, compared with April 2021, reaching $380,000 in the city, according to Peabody-based research firm The Warren Group.
Properties in Maynard, Sturbridge, and Sudbury received a total of $56.8 million in financing for senior and family housing projects from MassHousing, allowing for the properties’ owner to refinance and preserve affordability.
Finding stable housing has always been a challenge for low-income earners, but the problem has ballooned in places like Worcester where the average rent is growing about 10 percentage points faster than the average income.
Overall, more than 20,000 PPP loans for a total of $1.8 billion were given out to businesses across Worcester County, with more than 4,800 and $450 million of those loans going to businesses within the city of Worcester, according to data from the
The severing of economic ties between the U.S. and Russia is likely to prove a challenge for IPG Photonics, which was founded in Russia and has long-standing ties to the country.
A variety of tax incentives are available to businesses with a proposed real estate expansion project, meaning the project is considered if it will result in job creation and a renovation or new construction at a Massachusetts site.
HSGS-Ameresco, LLC has been awarded a $7.9-million contract to design and construct a new solar energy system for the U.S. Army.
Developer Wood Partners is proposing a 276-unit mixed-use complex on a 4.5-acre parcel in Marlborough and will hold a public hearing on the proposal Monday.
On Monday, Massachusetts State Treasurer Deborah Goldberg appointed Sarah Kim as the interim chairman of the state Cannabis Control Commission, one week after former CCC Chairman Steven Hoffman abruptly resigned from the state body.
MassDevelopment, the state’s economic development financing agency, awarded $315,175 to a developer planning to redevelop a vacant three-story building in downtown Fitchburg.
A Worcester developer has plans to demolish a Franklin Street restaurant and redevelop the site into a 24-unit apartment complex, according to a proposal submitted to the Worcester Planning Board.
A 55-unit, mixed-income senior housing complex at the former Mary D. Stone Elementary School in Auburn officially opened on Thursday.
The 5.3-acre property of the former Lady of Mount Carmel Church on Mulberry Street in Worcester sold Wednesday for $5.6 million, Drew Higgins of Kelleher & Sadowsky Associate, Inc. in Worcester confirmed Thursday.
Three community health centers in Central Massachusetts have been selected among 22 centers across the state by MassDevelopment for its Community Health Center Grant Program.
Emerald Place, a roughly 26-acre apartment complex on Lake Whalom in Lunenburg, sold for $76 million on Friday, according to the Worcester North District Registry of Deeds.