Please do not leave this page until complete. This can take a few moments.
Utah real estate giant The Bridge Investment Group has acquired six Massachusetts multifamily developments, including two in Marlborough and one in Shrewsbury from Virginia-based Harbor Group International, totaling 1,722 units.
The Albrecht Auto Group of Woburn acquired Westborough Jeep at 82 Turnpike Road in Westborough. The new dealership will be known as Albrecht Chrysler Dodge Jeep RAM of Westboro.
The saga over the proposed closure of the Leominster maternity center is part of a national struggle beset by doctor shortages, rising maternal morbidity, and money-losing operations.
Companies are sounding the alarm on the state’s inconsistent product safety testing standards.
A number of local companies have announced new hires and promotions, including bankHometown in Oxford, SALMON Health and Retirement in Milford, NAI Glickman Kovago & Jacobs in Worcester, and Rollstone Bank & Trust in Fitchburg
Texas-based Tenet Healthcare, the company that owns and operates Saint Vincent Hospital and MetroWest Medical Center, has expanded the scope of its CEO’s role.
Local developer Polar Views LLC added to its recent acquisitions of Worcester properties with a $1.3 million purchase.
Yvonne Spicer, who was mayor of Framigham from 2018 to 2022, has been appointed as executive director of Life Science Cares Boston
Framingham-based healthcare technology company Definitive Healthcare has acquired Connecticut healthcare provider analytics firm Populi for $52 million.
Granite Heights Marketplace on Fortune Boulevard in Milford, home to Staples and Petco retail locations, was sold to an affiliate of Mendon’s Meehan Realty Management Corp. for $10.3 million.
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.
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