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Jones Lang LaSalle said it has helped secure leases for 235,000 square feet of space in the Devens Industrial Park over the past month.
Massachusetts has come to be known as the Hollywood of the East, but it's been lacking one crucial element: a professional film studio where crews can shoot indoor scenes with all the necessary equipment on hand. That changed this fall when New…
American Superconductor Corp. (AMSC), a Devens-based wind and power grid company, announced it has increased its borrowing capacity through an amendment to its existing loan and a stock sales agreement.
Lexington-based Evergreen Village Collaborative has been selected by MassDevelopment to build 120 housing units in the Grant Road neighborhood of Devens, the state agency announced.
Devens-based wind and power grid company AMSC reduced its loss in its most recent financial quarter, but said governmental instability in Asia could prevent the company from reaching its full-year revenue target.
Athol-based manufacturer L.S. Starrett reported net income of $216,000 in the first quarter of its 2014 fiscal year, a turnaround of more than $500,000 a year after it posted a loss of $351,000.
Nypro has agreed to lease more than 205,000 feet of space in Devens at the former Evergreen Solar plant, according to real estate companies involved in the deal.
The Patrick administration has awarded more than $240,000 in grants to Central Massachusetts communities to boost composting, recycling and waste reduction.
The Athol Area United Way will become part of the United Way of North Central Massachusetts, bringing together two key charitable-giving organizations that serve the northern swath of Central Massachusetts.
UMass Memorial Health Care is bracing for layoffs as well as other cost-cutting measures in the face of a projected $57-million operating loss for its recently completed fiscal year.
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 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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