Please do not leave this page until complete. This can take a few moments.
Worcester Regional Airport has an economic impact of $97 million, seventh in the state, according to a study released Monday.
About 1,300 Worcester County residents have been mailed checks as part of the second phase of restitution payments Viridian Energy must make to settle deceptive sales tactics.
Central Mass. doughnut shop Rocco's Doughnut Co. is opening a second location in Westborough on March 21.
With the go-ahead from the state's cannabis regulators, Uxbridge retail pot store Caroline's Cannabis will open on March 15.
Worcester will negotiate with another retail cannabis establishment, Nature's Remedy, bringing the total number of retail stores to negotiate a host community agreement with the city to 14.
Check out which Central Mass. professionals have landed new positions recently.
After years of hard work, courage, dedication and an entrepreneurial attitude, CEO James Harvey has transformed the 108-year-old E.L. Harvey & Sons into a Massachusetts leader in trash and recycling.
Dr. Satya B. Mitra is a biochemistry whiz turned tax and investment expert, whose pathway to the American dream started at rock bottom.
Millbury Savings Bank and Oxford-based bankHometown are planning to merge and create a financial institution with $1 billion in assets and 15 branch locations in Central Massachusetts and Connecticut.
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.
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester 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.
SubscribeWorcester 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.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
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.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy