1. Articles in category: Business Development

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    1. The State of Rail Freight Transport in Western Mass

      The State of Rail Freight Transport in Western Mass

      When the Pinsley Rail Company purchased the railroad formerly operated by Conrail in 1982 and turned it into what is now known as the Pioneer Valley Railroad, it ushered in a new era for the short line rail industry in Western Massachusetts. Since that time, Pinsley’s client list, warehouses, and distribution services have continues to grow along with rail service. Connecting Point’s Brian Sullivan chased trains around several 413 towns to get a look at the state of rail freight transport in Western Mass.

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    2. Ludlow offers mill redevelopment lessons to Easthampton, Montague

      Ludlow offers mill redevelopment lessons to Easthampton, Montague

      Massachusetts is home to a wealth of majestic mills constructed in the 19th century. But today many of the structures sit empty and unused, even though they still possess structural integrity. "They built these to last," said Westmass Area Development Corp. President and CEO Eric A. Nelson during a tour of the sprawling Ludlow Mills complex Friday. "However, the roofs can be a challenge," he quipped.

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    3. Springfield City Council delays vote on wood waste recycling center at former Diamond Match site after neighbors voice concerns

      Springfield City Council delays vote on wood waste recycling center at former Diamond Match site after neighbors voice concerns

      The City Council has postponed a vote regarding a tree service company’s request to operate a wood waste recycling center at the former Diamond Match property after East Forest Park residents raised concerns about odors and traffic. Arbortech Tree Service, of 23 Paridon St., was requesting the special permit for the recycling center in conjunction with a long-active tree service operation that already exists. The company has mulch and compost operations and provides tree pruning and trimming, tree removal, stump grinding, crane services, lot clearing and emergency tree service, according to company officials and its website.

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      Mentions: Springfield
    4. City, Chamber to Host ‘New Wave’ Economic Development Event

      The city of Springfield and the Springfield Regional Chamber will co-host “The New Wave,” on March 19, at 4 p.m. at the Naismith Memorial Basketball Hall of Fame. The event will feature an overview of the new wave of economic development, including updates on projects in progress, and an introduction to upcoming initiatives in Springfield. A reception with light fare and a cash bar at 5 p.m., following the presentation. The presentation will be led by the city’s chief development officer, Kevin Kennedy.

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    5. Economic Development Council chief says education drives strong Western Massachusetts economy (Outlook 2019 Viewpoint)

      Economic Development Council chief says education drives strong Western Massachusetts economy (Outlook 2019 Viewpoint)

      Western Massachusetts is fortunate to be home to some of the best colleges and universities, strong public and private secondary schools and technical programs in the country. Therefore, as a region, we are in position to meet the current and future needs of the business community. The major asset of the Western Massachusetts region is the presence of so many world-class colleges and universities. These institutions are educating and training the very talent that private business is seeking.

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    6. River Valley Market, seeking permit for new store, to appear before Easthampton Planning...

      River Valley Market, seeking permit for new store, to appear before Easthampton Planning...

      River Valley Market will appear before the Easthampton Planning Board on Feb. 19 for a continued public hearing on its plans for a 22,000 square-foot supermarket building at 220, 228 and 232 Northampton St. The Route 10 site, approximately 10 acres, contains the former Fedor auto dealership building, which would be torn down. It also contains Captain Jack's Roadside Shack. The popular seafood stand is proposed to remain and be incorporated into the new site design, according River Valley Market's special permit application.

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    7. Ludlow Mills, WinnDevelopment appreciate state redevelopment money -- but want it faster

      Ludlow Mills, WinnDevelopment appreciate state redevelopment money -- but want it faster

      WinnDevelopment and Westmass Area Development Corp. have plans to turn Mill 10, the prominent clock tower building at the front of the property, into market-rate apartments for families and couples along with lower-floor office space at a cost of about $40 million. The project at Mill 10 was first announced in 2016. But, Curtis said the funding is still not in place. He expects to start construction in a year or so.

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    8. New Ownership Group Exudes Confidence on the Future of Tower Square

      New Ownership Group Exudes Confidence on the Future of Tower Square

      Both the office/retail complex known as Tower Square and the hotel that sits on the property would be considered somewhat risky investments, given their recent history. But the investment group Springfield Hospitality believes otherwise — in both cases. The new ownership group has announced an ambitious plan to get the Marriott flag back on the hotel, and it is confident about gaining a wide range of new tenants on the retail side of the equation.

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    9. Holyoke Planning Board reviews plans for further commercial development on Pleasant Street...

      Holyoke Planning Board reviews plans for further commercial development on Pleasant Street...

      Salmar Realty LLC is developing the 473-495 Pleasant St. site. A Dunkin' Donuts will soon open there. Schematics for phase two of the project include a 3,000-square-foot retail building. Christopher Karney, of R. Levesque Associates, provided the board updates generated from a previous hearing. He noted designers added a pedestrian crossway and parking spaces to the plan.

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      Mentions: Holyoke Easthampton
    10. Springfield City Council grants tax incentives totaling $4.6M for major Big Y expansion

      Springfield City Council grants tax incentives totaling $4.6M for major Big Y expansion

      The City Council on Monday unanimously approved tax incentives for Big Y Foods, which officials estimate will save the company nearly $4.6 million over eight years, in exchange for a major expansion at its distribution center in East Springfield.Big Y is investing an estimated $46 million in the 232,000-square-foot expansion project at 2146 Roosevelt Ave. including construction, renovations, personal property and equipment, officials said. The project also involves creating additional parking and access from properties owned by Big Y at 60 and 90 Memorial Drive.

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    11. $9.2 million tax-exempt bond boosts Springfield YMCA housing renovation project

      $9.2 million tax-exempt bond boosts Springfield YMCA housing renovation project

      A local development group has launched a $15 million housing renovation project at the YMCA building on Chestnut Street, aided by a newly announced $9.2 million tax exempt bond issued by MassDevelopment. MassDevelopment is the state’s finance and development agency that works with businesses, nonprofits, financial institutions and communities to stimulate economic growth statewide.

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    12. Amherst Boasts Some Positive Transitions

      Amherst Boasts Some Positive Transitions

      Amherst is a community in transition, Paul Bockelman says — in some positive ways. The most notable change, obviously, was the seating of Amherst’s first Town Council last month; 13 members were elected following a change in the town charter last March that included a move away from the town-meeting form of government. “Some people who advocated for the charter change felt the representative town meeting wasn’t fully representative of the town and wasn’t nimble enough to address the issues that were facing the town on a daily basis,” said Bockelman, Amherst’s town manager. Other people, he ...

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    13. ‘10,000 square feet of awesome’ set to open at Springfield Innovation Center (photos, video)

      ‘10,000 square feet of awesome’ set to open at Springfield Innovation Center (photos, video)

      Delivery crews hauled new office furniture into the Springfield Innovation Center Friday as Kristin Leutz, CEO of Valley Venture Mentors, pointed out all the uses VVM will have for its space in the building, which is nearing the final stages of more than $7 million in renovations spearheaded by DevelopSpringfield. VVM’s Hub for business startups will have “hot desk” — space where entrepreneurs can grab a first-come, first-served place to work — as well as reserved desks, private offices, private phone rooms for making calls without disturbing others, meeting rooms, an auditorium, a shared kitchen and a nursing room. “A new ...

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    14. “Linking Digital Advertising to Business Growth” A training series for Western Massachusetts business owners

      “Linking Digital Advertising to Business Growth” A training series for Western Massachusetts business owners

      Common Capital is presenting a free training “Linking Digital Advertising to Business Growth” beginning on Friday, January 18th, 2019.  This grant funded training series is available to all businesses in Western Massachusetts.      The goal of the program is to improve the digital marketing skills of small business owners and increasing their ability to bring in more customers and improve sales.  This training will be presented on Friday mornings between 9 and 11 AM and will continue through May 2019.  All participants will receive step by step actionable plans as well as guidance from experts to increase their success in ...

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    15. Springfield’s Chestnut Towers sells within company for $12 million

      Springfield’s Chestnut Towers sells within company for $12 million

      Chestnut Towers in Springfield changed hands last month but didn’t really change hands. According to papers filed at the Hampden County Registry of Deeds Dec. 12, the 489-apartment complex looming over Springfield’s downtown was sold by Related Springfield Associates Limited Partnership to Chestnut Park Preservation LLP for $12 million.

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      Mentions: Springfield
    16. DevelopSpringfield seeks to begin renovations at historic Maple St. school

      DevelopSpringfield seeks to begin renovations at historic Maple St. school

      A million-dollar plan to renovate the former Springfield Female Seminary, one of Springfield’s oldest buildings, into small offices and co-working space for entrepreneurs seems to be finally moving forward. DevelopSpringfield, a nonprofit funded in part by MassMutual that buys and rehabs troubled properties, advertised this month for contractors for the WorkHub at 77 Maple project. Bids are due Jan. 3.

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    17. White Lion Brewery moves equipment into Tower Square in downtown Springfield

      White Lion Brewery moves equipment into Tower Square in downtown Springfield

      Springfield will soon have a brewery downtown. White Lion Brewery moved their brewing equipment into their new space in Tower Square on Thursday. The company has leased 10,000 square feet within Tower Square, with plans to open a production and packaging facility with taproom in 2019. The space was once occupied by Spaghetti Freddy’s but has been vacant for more than a decade. White Lion was previously in talks to build a brewpub in the MassLive building but faced setbacks due to engineering concerns, The Republican reported.

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      Mentions: Springfield
    18. New restaurant planned at Longmeadow Shops by owners of the Federal in Agawam | masslive.com

      New restaurant planned at Longmeadow Shops by owners of the Federal in Agawam | masslive.com

      A new restaurant is coming to the Shops in Longmeadow.  Ralph Santaniello, owner of the Federal restaurant in Agawam, along with his partner and executive chef, Michael Presnal, will open an Italian-style restaurant in the space formerly occupied by Bertucci's. It will be called Posto.  'Posto means 'place' in Italian,' says Santaniello, '(and) in this case, the place to be.'

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    19. 100-unit apartment complex proposed on Holy Family Road in Holyoke

      100-unit apartment complex proposed on Holy Family Road in Holyoke

      Developer Tom Adamczyk unveiled plans this week for 100 rental units at 15 Holy Family Road in the city's Ingleside neighborhood. The City Council's Ordinance Committee is considering a zone change for the site that would allow for multifamily use. Ron Levesque, of R. Levesque Associates, a Westfield design firm, presented plans for the proposed development at the committee's meeting Tuesday.

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    20. NAI Plotkin Sells Historic Hampden Savings Bank Building in Downtown Springfield

      NAI Plotkin, a leading commercial real-estate brokerage firm, announced it represented the seller in the sale of 1665 Main St., a 2,010-square-foot commercial building, formerly Hampden Savings Bank, located in downtown Springfield. The building was constructed in 1918 and has a glass ceiling with an ornate supporting structure, marble walls, and copper entrance. The asset sold for $285,000, although it last assessed for $127,600. Wilfredo Lopez of NAI Plotkin was the listing broker for the property. RLTY Development Springfield LLC secured the property and, as the new owner, plans to complete restoration of the original bank building ...

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    21. River Valley Co-op, eyeing Easthampton site, plans public info session

      River Valley Co-op, eyeing Easthampton site, plans public info session

      Those with questions about plans by River Valley Co-op to open a second store on Rt. 10 in Easthampton could gain more information over the weekend. The upscale natural foods market, now located in Northampton, plans an "Easthampton Store Project Open House & Info Session" on Saturday between 10 a.m. and 2 p.m. at the Eastworks building.  Draft site plans will be on display, market management and board members will be on hand, and representatives from Thomas Douglas Architects and The Berkshire Design Group plan to attend, according to a Facebook post, which says public feedback and input will ...

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  3. Organizations in the News

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