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May did not bring any relief to prospective Central Massachusetts homeowners, as a slight uptick in sales did little to slow the persistent upwards march of median prices.
Costco Wholesale is considering plans to open what would be its only Central Massachusetts location as part of what would be a wider revamping of an area mall.
As the Nashoba Valley Region continues to grapple with the loss of a hospital, a local group received a three-year, $250,000 grant to bolster health equity in Ayer, the Healey administration announced Wednesday.
More than half (51%) of WBJ readers believe the U.S. economy will decline in the second half of this year.
Employees at ERA Key Realty Services, First Financial Trust, and Seder & Chandler are making moves in their careers.
As a result of declining utilization, UMass Memorial Health in Worcester will close an in-facility acute detox and stabilization program for teens.
A federal judge had ordered the Trump Administration to stop its attempts to shutter Job Corps centers across the country, including in Grafton and Devens.
Former Sen. Dean Tran of Fitchburg pleaded guilty to three state charges Monday in connection with stealing a firearm from an elderly constituent and misleading investigators about it, according to the attorney general's office.
Leominster will soon be the site of a new veterans housing facility run by a Devens-based nonprofit.
“These are people's lives they're playing with, and it's horrible,” Hebert said of the Trump Administration’s decision to unilaterally shutter all contract-run Job Centers across the country.
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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