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Greater Worcester

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    2023 Power 50: Shruti Miyashiro

    Updated: May 1, 2023

    Shruti Miyashiro started her credit union career as a teller in her senior year of college, and now she’s the head of the largest credit union in Central Massachusetts. Like Miyashiro, DCU had to start at the bottom to get to the top.

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    2023 Power 50: Stephen Kerrigan

    Updated: May 1, 2023

    Under Stephen Kerrigan’s leadership, Kennedy Community Health opened its 11th location in March, which added 30,000 square feet to the organizational footprint and additional services in behavioral, dental, and pharmaceutical care.

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    2023 Power 50: Dr. Lynda Young

    Updated: May 1, 2023

    In early 2023, Young was named chair of the board of trustees at UMass Memorial Health, making her the first female chair of the largest employer in Central Massachusetts.

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    2023 Power 50: Dr. Eric Dickson

    Updated: May 1, 2023

    As the leader of more than 17,000 caregivers at the largest healthcare provider and largest employer in Central Massachusetts, Dr. Eric Dickson has a wide-spreading domain.

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    2023 Power 50: Dr. Matilde “Mattie” Castiel

    Updated: May 1, 2023

    Dr. Matilde Castiel oversees numerous high-profile and highly important offices and services throughout the City of Worcester, from the Department of Public Health to the opioid and mental health task forces.

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    2023 Power 50: Parth Chakrabarti

    Updated: May 1, 2023

    Parth Chakrabarti is responsible for growing the size, financials, and reach of the UMass Chan research enterprise.

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    Power 50: The most influential Central Mass. professionals in 2023

    Brad Kane Updated: May 1, 2023

    Business professionals from organizations of all types and sizes hold some amount of power, but how you shape the economy and community is when you are truly influential.

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    Healey overhauling state economic development plan

    Alison Kuznitz | State House News Service April 26, 2023

    State officials next week plan to jump-start the process for creating the administration's economic development plan, a framework that all new governors must produce during their first year in office.

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    Investors purchase 17-unit Worcester apartment building for $2.5M

    Timothy Doyle April 26, 2023

    Friendly House, Inc. of Worcester, a human services nonprofit, leases 14 of the apartments in the building and will continue to do so under the new ownership, according to a press release from NAI Glickman Kovago & Jacobs.

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    Shrewsbury autism center acquired by national provider

    Isabel Tehan April 26, 2023

    Springtide Child Development, an autism center with locations in Shrewsbury and across Massachusetts and Connecticut, has been acquired.

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Today's Poll

Should Madison Properties be forced to sell its Polar Park-adjacent land?
Choices
Poll Description

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.