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A separately-owned Venture X franchise is slated to open in the Mercantile Center in Worcester in the coming months. Gagne talked about why coworking is gaining momentum in Central Massachusetts and beyond in an interview in October.
People are on the move at UMass Memorial Health, Milford Regional Medical Center, and Mirick O'Connell.
Ares Communications Group of Marlborough has announced the launch of a media platform that the company says will provide content-based marketing.
Framingham-based Alira Health has partnered with FORWARD, a national database for rheumatic diseases, to create an enhanced patient registry for autoimmune disease Lupus.
IPG Photonics, a Marlborough-based company that specializes in high-power fiber lasers and amplifiers, has announced a strategic partnership with Miller Electric Manufacturing, a Wisconsin-based co
Ameresco, reported $21.3 million in net income for the third quarter of 2023, falling below company expectations.
S&F Concrete Contractors, a corporation based in Hudson, is suing a number of local companies over claims of unpaid work.
Shoppers World, a shopping center on the border of Framingham and Natick, has been sold for $187.13 million to an LLC managed by Urban Edge Properties, a large New York-based real estate investment
Natick-based software company MathWorks will donate $25 million over seven years to nature conservation organization Mass Audubon. It is the largest programmatic gift received by the organization in its 127-year history.
Marlborough’s ReWalk Robotics, a medical device company that manufactures a breakthrough exoskeleton for neurological injuries, will be included in Medicare coverage for 2024.
In an effort to increase the pace of new housing development in Massachusetts, Gov. Maura Healey has proposed streamlining the environmental review process for certain new housing projects, with the goal of reducing the time spent on the process from about one year to 30 days. Environmental reviews are a hallmark of community planning, to ensure new development doesn't negatively impact surrounding properties or natural resources, even though the process does add significant time and often cost to projects. Healey's proposal comes after Massachusetts fell behind the national average in new housing production, despite adding 90,000 new units since she became governor in 2023.
New England already averages the longest timeline in the nation to build a single-family home once the developer has been giving the authorization to move forward with construction, according to U.S. Census statistics compiled by the National Association of Home Builders. In 2023, single-family homes in New England averaged 13.9 months from permit to completion. The South Atlantic states have the lowest average of 8.9 months while the region that includes Texas, Oklahoma, Arkansas, and Louisiana is the second quickest at 9.4 months. The second-longest average after New England is the New York, New Jersey, and Pennsylvania region, which takes 13.2 months.
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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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