1. Articles in category: Business Development

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    1. Facemate property in Chicopee to be redeveloped for indoor sports facility, brewery, apartments

      Facemate property in Chicopee to be redeveloped for indoor sports facility, brewery, apartments

      A New York developer has been selected to build a 102-unit apartment building, a multi-sport indoor facility and a brewery and restaurant on a four-acre parcel of land that once was home to the Facemate factory complex. City officials announced on Wednesday that Singing Bridge, LLC. was chosen as the preferred developer for the 4.05-acre site on West Main Street, after a long negotiating process that began in January 2020 when the city requested proposals from developers interested in building on the land.

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    2. Holyoke Looks to Regain Momentum

      Holyoke Looks to Regain Momentum

      When he made up his mind roughly a year ago not to seek re-election to the state House seat he had held for four terms, Aaron Vega had an informal list of things he would like to do next when it came to his career. Working in Holyoke City Hall certainly wasn’t one of them. But … things changed, in many ways, and in a profound way. For starters, the COVID-19 pandemic limited some of the other options he was thinking about professionally, especially those in higher education, economic development, and workforce development. More importantly, though, Marcos Marrero, the long-time ...

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    3. ‘Envision Our Chicopee 2040’ introduces roadmap for city’s future | WWLP

      ‘Envision Our Chicopee 2040’ introduces roadmap for city’s future | WWLP

      Mayor John Vieau announced the community kickoff of “Envision Our Chicopee 2040” Friday.  It’s Chicopee’s first-ever community-driven city-wide comprehensive plan and will serve as the city’s official guide for land use and development priorities.  It will be a “roadmap” for Chicopee’s future and a tool that can be used to make decisions.  A virtual public open house will take place on August 17 that will feature updates on the planning process and give opportunities for resident feedback.

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      Mentions: Chicopee
    4. Cannabis Industry Promises Workforce Opportunities

      Cannabis Industry Promises Workforce Opportunities

      When a new industry in Massachusetts reaches $1 billion in sales in only four years, it certainly gets people’s attention. The Cannabis Control Commission (CCC) recently announced that, four years after legalizing cannabis for adult recreational use, and only two years after the first retail shops opened, this relatively new industry surpassed that $1 billion mark on Oct. 30. “There are a lot of jobs that go along with a billion dollars in industry activity,” said Jeff Hayden, vice president for Business and Community Services at the Kittredge Center for Business and Workforce Development at Holyoke Community College (HCC).

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    5. Chicopee brownfield project that has cost millions -- and spanned 15 years -- close to completion

      Chicopee brownfield project that has cost millions -- and spanned 15 years -- close to completion

      A brownfield project that a former mayor described as the state’s worst legal and environmental quagmire is coming to an end, and the former factory property could be ready for redevelopment in a year. The city is scheduled to go out to bid to remove asbestos, PCBs and other hazardous waste from the last three contaminated buildings on the former Uniroyal factory complex at the end of November. The work is expected to take eight months to a year and will ready the property for development by the beginning of 2022, said Lee M. Pouliot, director of the city ...

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    6. 2020 Western Mass Developers 3D Virtual Conference

      2020 Western Mass Developers 3D Virtual Conference

      Western Mass professionals!  If you missed the Western Mass Developers Conference, presented by MassMutual, the conference is still open until November 20th. Register by clicking the link below for access to the fully virtual Developers Conference -  you can view the exhibit hall, watch all of the dynamic panel discussions in the auditorium, catch the keynote from Governor Baker, experience the lightning presentations, download resources, and more.

      Register today: developwesternmass.vfairs.com

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      Mentions: MassMutual
    7. Software company LLumin moves to downtown Springfield

      Software company LLumin moves to downtown Springfield

      LLumin Inc., a provider of computer software, has relocated to downtown Springfield in the Stearns Building, 293 Bridge St. The company has 16 employees. “The entire team at LLumin is excited to be part of the City of Springfield’s ongoing growth and development,” Edward Garibian, CEO of LLumin, said in a news release. “Over the last few years, there have been many initiatives, including MGM, Union Station, and numerous revitalization projects, that facilitate and attract business development. We believe that technology firms like LLumin, with its diverse and talented staff, will bring a new aspect to Springfield’s already ...

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    8. 2020 Virtual Western MA Developers Conference

      2020 Virtual Western MA Developers Conference

      Join us to explore the many development opportunities on the horizon in Western Mass!  The 2020 Virtual Western MA Developers Conference will connect business leaders, developers, real estate professionals, site selectors, economic development professionals, and public officials from Western MA and across the Northeast. 

      WHO: Economic Development Council of Western MA (EDC) and Economic Development Partners (EDP)
      What: The Western MA Developers Conference
      When: Wednesday, October 21, 2020 9am - 3pm

      Click Here to Register

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    9. New 51-unit apartment complex to be built in Chicopee

      New 51-unit apartment complex to be built in Chicopee

      A 51-unit apartment complex is slated to be constructed across the former Uniroyal campus on an overgrown lot that has been vacant for at least 50 years. The two-building complex, located at the corner of Oak and West Main Streets, will have two three-story buildings with 42 apartments in one building and nine in the second. In total there will be 15 two-bedroom apartments, 21 one-bedroom units and 12 studios, Developer Craig Authier told City Councilors during zoning meetings.

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    10. Deteriorated building across from MGM Springfield to be demolished; owner renews plans for Hilton Hotel

      Deteriorated building across from MGM Springfield to be demolished; owner renews plans for Hilton Hotel

      The owner of a deteriorated Park Street building in the South End — which was branded a safety hazard by city officials — said Thursday it will be demolished in the coming weeks under the terms of a court agreement. Louis Masaschi of JLL Realty Development in Longmeadow said that demolition will take place in the next 30 to 45 days, “if not sooner.” It will allow him to proceed, he said, with a long-planned 100-room Hilton Hotel on the site, across the street from MGM Springfield.

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      Mentions: Springfield
    11. ‘This going to be the hottest restaurant in Springfield’: Peter Picknelly, Andy Yee make plans for 13-31 Elm

      ‘This going to be the hottest restaurant in Springfield’: Peter Picknelly, Andy Yee make plans for 13-31 Elm

      Interior environmental cleanup continues at the long-awaited Court Square project downtown, but developer Peter A. Picknelly said he and his restaurant partner Andy Yee are already discussing a new restaurant for the first floor. “We’re working with a design team,” Picknelly said following a city-led celebration of the project Thursday featuring Gov. Charlie Baker, Lt. Gov. Karyn Polito, U.S. Rep. Richard Neal and others.

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    12. Elm Street project ready to roll; site being transferred to developers

      Elm Street project ready to roll; site being transferred to developers

      The long-awaited start of construction at the former Court Square Hotel property at 13-31 Elm St. is ready to commence as the downtown property is being transferred to developers. WinnCompanies of Boston, and co-developer Peter Picknelly’s Opal Real Estate, of Springfield, will transform the historic hotel site into apartments after the Springfield Redevelopment Authority completes a hazardous materials cleanup at the downtown site. Transfer of the property will not take place until after that work is completed in November.

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    13. Coronavirus: Chicopee offering grants to small businesses struggling to stay in operation

      Coronavirus: Chicopee offering grants to small businesses struggling to stay in operation

      The city will be offering loans to local businesses to help them to continue to operate and keep their employees working during the coronavirus pandemic, even if it is remotely. Officials have received approval to reallocate $150,000 in the anti-poverty Community Development Block Grant money it receives from the federal government to help small businesses. The loans are designed to provide immediate short-term relief to small businesses, Mayor John L. Vieau said.

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    14. 'We want people to dine and meet outside’: Springfield makes ordinance allowing outdoor seating at restaurants permanent - masslive.com

      'We want people to dine and meet outside’: Springfield makes ordinance allowing outdoor seating at restaurants permanent - masslive.com

      City officials are encouraging more businesses to apply for permits to offer outdoor dining for their customers, saying they believe it provides more than fresh air.  At a meeting Monday, the City Council voted unanimously to make the outdoor seating ordinance permanent. The ordinance, originally set to expire after a year, allows restaurants and other businesses to apply for permits to have tables outside on city sidewalks and other public ways.

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      Mentions: Springfield
    15. Springfield creating casino impact district to spur development around MGM resort

      Springfield creating casino impact district to spur development around MGM resort

      Springfield’s chief development officer told officials this week that new zoning and special incentives are part of the city’s strategy for luring developers to vacant and blighted properties near the MGM Springfield casino. At this week’s meeting of the Massachusetts Gaming Commission, city Chief Development Officer Timothy Sheehan said the multi-phase effort includes creating a downtown casino impact district and bringing tenants to buildings along Main Street directly across from the casino.

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    16. 'Never gave up’: Springfield considers $4 million in spending to aid Court Square housing project - masslive.com

      'Never gave up’: Springfield considers $4 million in spending to aid Court Square housing project - masslive.com

      Mayor Domenic J. Sarno is asking the City Council to approve $4 million in spending to assist a planned $55 million housing redevelopment project at Court Square, saying the city, state and developers “never gave up” on saving the long-vacant historic building.  The council will consider approving the city bond funds at its meeting Monday night, and will also consider approving a plan by MGM Springfield to provide $16 million to the project at 13-31 Elm St.

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    17. Roderick L. Ireland Courthouse in Springfield neglected as sleepier courthouses got multimillion-dollar rebuilds, newly released statistics show - masslive.com

      Roderick L. Ireland Courthouse in Springfield neglected as sleepier courthouses got multimillion-dollar rebuilds, newly released statistics show - masslive.com

      Newly released statistics show that, despite being among the busiest courthouses in the state, the Roderick L. Ireland Courthouse on State Street has been financially neglected in comparison with its sleepier counterparts.  In fact, since 1999, Hampden County ranks near the bottom of $1.4 billion in expenditures on maintenance, repairs and new construction for courthouses across 13 of the state’s 14 counties. Data was not available for Nantucket County.

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      Mentions: Springfield
    18. Springfield BID buys former Skyplex building at Stearns Square, borrows to renovate for an unnamed tenant

      Springfield BID buys former Skyplex building at Stearns Square, borrows to renovate for an unnamed tenant

      The Springfield Business Improvement District obtained more than $1.68 million in loans and grants from MassDevelopment last month to renovate the interior of the former Skyplex entertainment complex at 8-12 Stearns Square for an as-yet unnamed tenant. The BID also bought the 105-year-old building from MassDevelopment for the nominal fee of $100, also according to documents on file with the Hampden County Registry of Deeds.

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    19. River Valley Co-op seeks building permits for Easthampton store; demolition of former Fedor dealership to begin soon

      River Valley Co-op seeks building permits for Easthampton store; demolition of former Fedor dealership to begin soon

      With a property purchase complete, River Valley Co-op is now seeking a building permit for its new store on Route 10 and plans to start demolition of the former Oldsmobile dealership at the site later this month. The $18 million, 23,000 square foot store will open in the spring of 2021 after about a year's construction, said River Valley Co-op General Manager Rochelle Prunty.

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    20. Economic development in Western Massachusetts

      Economic development in Western Massachusetts

      From a future economic development point of view, one of the biggest strength of Western Massachusetts is being home to some of the best, world-class colleges and universities. A recent University of Massachusetts publication, massachusetts.edu/impact, finds each campus of the University of Massachusetts has a tangible and intangible impact on its host region, through economic development, hiring, student and employee spending, and service and engagement activities.

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    21. Knox building — once a Springfield automobile factory — getting $57M makeover into apartments

      Knox building — once a Springfield automobile factory — getting $57M makeover into apartments

      Gordon Pulsifer — the developer behind the ongoing rehab of Indian Motorcycle, Mason Square Fire Station and the Outing Park apartment complex in the South End -- plans a $57 million, 114- apartment rehab of the long-derelict Knox Building just across Wilbraham Road from Indian Motorcycle.

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    22. Walsh Park in Liberty Heights neighborhood slated for $1M transformation

      Walsh Park in Liberty Heights neighborhood slated for $1M transformation

      Walsh Park in Springfield’s Liberty Heights section is basically an empty field ringed by trees. But by the summer 2021, the 12-acre park tucked back in a residential neighborhood near Interstate 291 will have two inclusive playgrounds — one for ages 2 to 5 and another for ages 5 to 12 — a baseball/softball field, all-access walking path, splash pad, picnic area new entrances off both Van Buren Avenue and Freeman Street and a pollinator meadow.

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