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Douglas clean energy installer Solar Wolf Energy has quietly opened new locations throughout the U.S. and now operates locations in four states.
IBA Inc., a Millbury-based supplier of dairy farm equipment, will be relocating to a new 70,000-square-foot facility in Sutton with the purchase of the property for just under $2 million.
A 112-unit luxury apartment complex in a renovated Millbury factory has been sold to a Maryland property investment firm for $17.5 million.
Cultivate, one of the early players in Massachusetts’ recreational cannabis industry, has purchased land in an Uxbridge business park to build a cultivation facility to supplement they existing Leicester operations.
In February 2018, Eidinger-Taylor successfully navigated a merger with Buffalo, N.Y.-based HUNT Real Estate ERA, which expanded the reach of the combined company and created a real estate firm with more than 50 offices and 1,600 agents.
Taylor got into real estate as the son of a broker, but didn’t find himself an easy path to a comfortable position.
At Solar Wolf, the results of Strzelecki’s leadership speak for themselves.
Riverdale Mills CEO James Knott Jr. was given a leadership award from the National Association of Manufacturers this spring.
Last year, Julie Bovenzi bought the former Grafton lodge of the Massachusetts Freemasons on Route 140, looking to accommodate her growing organic spa, Truth.
The owner of a dilapidated factory taking up a large portion of downtown Hopedale has settled a lawsuit with some of the 18 people and entities he sued in response to a proposed urban renewal plan of 77 acres of his property.
When City of Worcester and Worcester Red Sox officials announced in 2018 the plan to construct the Polar Park baseball stadium in the Canal District, a key part of the economic development effort was a partnership with Boston developer Madison Properties to redevelop five properties around the ballpark into residences, hotels, and office buildings, with openings scheduled to begin in 2021 when the stadium opened.
All five of those Madison projects are significantly behind schedule and only one has come to fruition -- the high-end 228-apartment complex The Revington -- although the Canal District has seen other non-Madison developments come online, including The Cove and District 120 apartment complexes. All developments in Central Massachusetts have faced headwinds since the start of the COVID-19 pandemic, including trouble obtaining affordable financing, shortage of materials and labor, and downturns in the commercial real estate and life sciences industries.
The slow development of the Madison properties was the main reason cited by City officials for why the City's plan to not use general taxpayer funds to pay for the $160-million Polar Park has failed. Members of the City Council have gone as far as to call for one key Madison property to perhaps be seized by eminent domain to make way for a new developer.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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