1. Articles in category: Business Development

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    1. United Bank Steps Up Its Presence in Downtown Springfield

      United Bank Steps Up Its Presence in Downtown Springfield

      On paper — and on a map — it’s only a few blocks, really. But United Bank’s relocation of its office in downtown Springfield, from the corner of Main and State streets to the front of Monarch Place, constitutes a major move in all other respects. The new address — formerly home to a Bank of America branch that closed its doors several months ago — is projected to bring everything from much greater visibility to significantly higher foot traffic, to a likely surge in commercial-side market share as business owners based in the center of downtown take advantage of another bank ...

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    2. MGM Springfield reveals Kringle Candle coming to casino complex, announces partnership with Springfield Museums

      MGM Springfield reveals Kringle Candle coming to casino complex, announces partnership with Springfield Museums

      MGM announced that Kringle Candle, which is located in Bernardston and owned/operated by the Kittredge family which founded Yankee Candle, will be opening inside a historic church the casino company saved and will incorporate into its 14.5 acre campus.  "When we first went up to their campus in northern Massachusetts, we were completely blown away," said Sarah Moore, vice president of Brand Marketing & Retail at MGM Springfield. "It's a beautiful, beautiful space... We knew immediately we wanted them with us here in Springfield."

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    3. With MGM Springfield's design work 95% complete, casino described as truly innovative urban casino as further details revealed

      With MGM Springfield's design work 95% complete, casino described as truly innovative urban casino as further details revealed

      City officials and MGM Springfield reached another milestone Wednesday, stating that the latest submitted construction design plans, covering features ranging from exterior lighting to designated smoking areas, meet with the city's requirements and reflect a high-quality, innovative project. The "MGM 95 percent Construction Design" document was unveiled and was accepted as consistent with the city's Host Community Agreement, said city officials led by Mayor Domenic J. Sarno.

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    4. Mercedes-Benz of Springfield opens next month in Chicopee

      Mercedes-Benz of Springfield opens next month in Chicopee

      As Michelle Wirth tells it, she and her husband fell in love with Mercedes-Benz -- and then fell in love with each other. She started working for Mercedes Benz 15 years ago as a mechanical engineer. Her husband, Peter Wirth, is from a town near Stuttgart, Germany, where Mercedes-Benz has its headquarters. He was working there when they met. Now the couple, along with business partner Rich Hesse, are just weeks away from opening a dealership -- Mercedes Benz of Springfield -- at 295 Burnett Road in Chicopee.

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    5. After departure of CEO, DevelopSpringfield taps Jeff Daley to oversee local projects

      After departure of CEO, DevelopSpringfield taps Jeff Daley to oversee local projects

      DevelopSpringfield, whose CEO leaves for a new job Oct. 5, has hired Westfield's former economic development officer to get work restarted at Springfield Innovation Center. Jeffrey R. Daley, the founder and principal of consultancy CJC Development Advisors in Westfield, will also handle the general transition for DevelopSpringfield as CEO Jay Minkarah leaves to take a job as the executive director of the Nashua Regional Planning Commission in New Hampshire, said Nick Fyntrilakis, chairman of the DevelopSpringfield board.

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    6. Game-Changing Careers Start Here at MGM Springfield!

      Game-Changing Careers Start Here at MGM Springfield!

      Thank you for your continued support as we gear up to bring a world-class destination resort to the area. Please share this information for our latest career opportunities and post in your career centers, encouraging people to apply by visiting https://mgmresorts.wd5.myworkdayjobs.com/306  Job postings are subject to change daily, please visit our website for the most current job postings.

       

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      Mentions: Springfield
    7. Amazon Bid: It’s Good Practice

      Amazon Bid: It’s Good Practice

      Richard Sullivan, president and CEO of the Economic Development Council of Western Mass., was no doubt channeling his inner Mavis — as in Mavis Wanczyk, winner last month of the largest single Powerball payout in history — when he told the local press, “you have to be in the game to win.” He was referring, of course, to a game with a different kind of huge payout — and one that also features astronomically long odds. That would be the contest to become home to Amazon’s second North American headquarters. The prize there is considerable — maybe 50,000 jobs over the next ...

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      Mentions: Springfield
    8. Former bowling alley in Westfield razed as part of urban renewal project at former Newberry's site

      Former bowling alley in Westfield razed as part of urban renewal project at former Newberry's site

      Crews from Associated Building Wreckers should have what remains of the former Westfield Candlepin Bowling Center at 11 Church St. cleared and the ground graded by Oct. 7, Westfield Advancement Officer Joe Mitchell said Friday. The Westfield Redevelopment Authority purchased the building from the Romani family earlier this year along with two nearby parcels in order to clear the property as part of the ongoing Elm Street urban renewal project. The cost of the property and demolition will total $509,000, paid by the city, Mitchell said.

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      Mentions: Westfield
    9. Eversource to build its largest solar plant at Springfield's Smith & Wesson Industrial Park

      Eversource to build its largest solar plant at Springfield's Smith & Wesson Industrial Park

      The 5.6-megawatt solar farm Eversource plans to build at the Smith & Wesson Industrial Park off Roosevelt Avenue will also generate money the city can use to rehab the "blast zone" around upper Worthington and Lyman streets, the city's chief development officer said Wednesday. The neighborhood, just blocks from the city's downtown, was heavily damaged in the Scores Gentlemen's Club gas explosion on Thanksgiving weekend in 2012.

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    10. Western Massachusetts town plans 18-hole municipal disc golf course

      Western Massachusetts town plans 18-hole municipal disc golf course

      Selectmen at Monday's meeting unanimously endorsed plans for a disc golf course on public land. The Park & Recreation department proposed an 18-hole disc, or Frisbee, golf course on about 20 acres of a 60-acre municipal parcel. The land is known as Piper Farm, which is less than a half-mile from the town common. The area is bounded by Route 202 on the north side and Springfield Road on the south. Kyle Thibeault, the town's park director, told selectmen it would be free to play the course, which would boost the local economy. He said disc golf is a ...

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      Mentions: Springfield
    11. Pioneer Valley prepping pitch for Amazon HQ; company promises as many as 50,000 jobs

      Pioneer Valley prepping pitch for Amazon HQ; company promises as many as 50,000 jobs

      Western Massachusetts is in the early stages of preparing a proposal -- or of combining  with a neighbor's response -- to Amazon's broad but tantalizing search for second North American headquarters. Richard K. Sullivan Jr., president and CEO of the Economic Development Council of Western Massachusetts, said Thursday he has notified mayors and heads of town governments here of Amazon's needs. He also informed them of the Pioneer Valley's potential to fill Amazon's needs. "You have to be in the game to win," Sullivan said.

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    12. Goggins Real Estate to handle leasing of downtown Northampton properties owned by Eric Suher

      Goggins Real Estate to handle leasing of downtown Northampton properties owned by Eric Suher

      Goggins Real Estate will manage leasing for a number of commercial properties in the city's downtown area that are owned by Suher Properties.  Eric Suher, president of Suher Properties, announced the new business partnership in a statement Wednesday. Mayor David Narkewicz shared Suher's announcement over social media, calling it "positive news for downtown Northampton."  Patrick Goggins, owner of Goggins Real Estate, said he was looking forward to working with Suher, as well as to finding good tenants for the properties.

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      Mentions: Northampton
    13. Springfield on the rise: What's new in the downtown Transformative Development Initiative District?

      Springfield on the rise: What's new in the downtown Transformative Development Initiative District?

      From cafes to office tenants, MassDevelopment had a lot to show off on a tour this week of its Transformative Development Initiative District in downtown Springfield. Begun in 2014, the TDI program aims to focus economic development efforts in just a few downtown blocks of Massachusetts’ Gateway Cities.

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    14. 'Walk right in': MassDevelopment offers tour of Springfield Transformative Development Initiative district

      'Walk right in': MassDevelopment offers tour of Springfield Transformative Development Initiative district

      DevelopSpringfield, a public-private partnership charged with fostering economic growth in the city, has money available to cover half the rent for a qualifying new business, up to $500 a month, while the new enterprise gets established downtown. Minkarah said application details will be available soon. The program is funded by a grant from MassDevelopment, the state's finance and development agency.

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    15. Central and Western Massachusetts need a 'few more victories' to lure in big companies, state economic development chief Jay Ash says

      Central and Western Massachusetts need a 'few more victories' to lure in big companies, state economic development chief Jay Ash says

      Big companies looking to relocate to Massachusetts keep zeroing in on the Boston area, a top Bay State economic development official said in an email as insurance company Aetna weighed a move.

      Bruce Stebbins, a member of the Massachusetts Gaming Commission, had emailed Jay Ash, Gov. Charlie Baker's economic development chief, after word got out that Aetna was looking to leave Hartford, Connecticut, where it has about 5,000 employees.

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    16. West Springfield Aims for Balance, Smart Growth

      West Springfield Aims for Balance, Smart Growth

      Mayor Will Reichelt says West Springfield is seeing a good deal of adaptive reuse of commercial and industrial properties, a necessity in a community that is land-poor. Will Reichelt says he was only 15 when he started working at the Donut Dip on Riverdale Street. His father arranged an introduction with the owner, a fellow Rotarian, and just a few days later, Will was working behind the counter and occasionally injecting filling into jelly donuts.

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    17. MassEcon Announces Finalists for Economic Impact Awards

      MassEcon Announces Finalists for Economic Impact Awards

      Nineteen companies from across the state have been selected as finalists for the 2017 Team Massachusetts Economic Impact Awards, awarded annually by MassEcon for their outstanding contributions to the Massachusetts economy.

      This year, there are three finalists based in Western Mass.:

      • Avista Pharma Solutions Inc., in Agawam, a leading U.S.-based contract testing, development, and manufacturing organization for the pharmaceutical industry;
      • Interprint USA Inc., in Pittsfield, a global company and a leading designer and décor printer for the laminate industry; and
      • Tsubaki, in Chicopee, a Leading manufacturer and supplier of automotive parts and designer of driving systems.
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    18. On track: Developer of Ludlow Mills, largest brownfield project in New England, continues...

      On track: Developer of Ludlow Mills, largest brownfield project in New England, continues...

      The not-for-profit corporation overseeing the redevelopment of Ludlow Mills, the largest brownfield project in New England, continues to seek and secure funding to overhaul the sprawling mill complex bordering the Chicopee River. That was the word from Eric Nelson, president and CEO of Westmass Area Development Corporation, at a recent selectmen's meeting, where he updated the board on funding plans and ongoing work at the 170-acre site between the river and State Street. Much has happened since Westmass bought the property six years ago, according to Nelson. "I believe the board would agree that we're on the upward ...

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    19. Massachusetts in 'active discussions' with Pawtucket Red Sox, Gov. Charlie Baker's economic development chief says

      Massachusetts in 'active discussions' with Pawtucket Red Sox, Gov. Charlie Baker's economic development chief says

      Massachusetts remains in "active discussions" with the Pawtucket Red Sox, according to Gov. Charlie Baker's economic development chief. "We're in discussions with the PawSox, we're discussing with them a number of places right now," said Jay Ash, who serves as the secretary of economic development in Baker's cabinet. "We'll see where they want to go and we'll see how we can support that."

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      Mentions: Springfield
    20. MGM: Springfield casino continues to exceed diversity goals for workforce, construction and design contracts

      MGM: Springfield casino continues to exceed diversity goals for workforce, construction and design contracts

      MGM Springfield informed the Massachusetts Gaming Commission on Thursday that it continues to significantly exceed its goals for diversity hiring and contracting for its $950 million downtown casino. Brian Packer, MGM Springfield's vice president of construction and development, provided the statistics on diversity as part of the company's most recent quarterly report, for the period ending March 30. The report was provided during a meeting at the commission's office in Boston.

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    21. Mill 1 at Open Square Blends History with Modern Look and Feel

      Mill 1 at Open Square Blends History with Modern Look and Feel

      It’s called ‘industrial modern.’ That’s the phrase attached to a genre of interior design, one that takes cues from old factories and industrial spaces — or uses such facilities themselves — and blends them with modern fixtures and furniture to create a unique working and playing environment that blends the past with the present. That look and feel — which John Aubin, owner, developer, and chief designer at Open Square in Holyoke, also described with the phrases ‘accessible modern’ and ‘comfortable modern’ — are becoming increasingly popular with a host of constituencies. They include people in business, and especially those involved in ...

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    22. As Tower Square Hits the Market, Conjecture Abounds

      As Tower Square Hits the Market, Conjecture Abounds

      Since it opened nearly a half-century ago, Tower Square has been both a prominent part of the Springfield skyline and a barometer of sorts for the health and vitality of the city and its downtown. And this explains why there is so much anticipation and speculation accompanying the announcement that the property is being put on the market by owner MassMutual. Experts agree that this will be more than a real-estate transaction — it will likely also be a referendum on Springfield and its apparent resurgence.

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    23. Owners of former Black Pearl building in Springfield plans rehab ahead of MGM casino...

      Owners of former Black Pearl building in Springfield plans rehab ahead of MGM casino...

      A lawyer for the owners of the vacant, boarded-up Black Pearl property in the South End said Friday that renovations will begin this fall for a new restaurant. The work is scheduled to be completed well ahead of the MGM Springfield casino across the street, he said. Attorney Bart Heemskerk, who represents property owner Jhanvi Hospitality LLC, said the company reached a signed agreement with the city on Friday in Housing Court to clean the property at 1127 Main St. and to monitor it on a daily basis.

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      Mentions: Springfield MGM
    24. 11-acre site in Holyoke getting groomed to attract developers

      11-acre site in Holyoke getting groomed to attract developers

      Tasks like soil borings and wetlands delineations are being carried out on 11 acres on Whiting Farms Road in a grooming that city officials hope will attract a buyer. "The idea is to advance predevelopment actions so that it's more 'site ready,' " said Marcos A. Marrero, director of the Planning and Economic Development Department. "We'll be doing things such as soil borings, utility hookup survey, wetland delineation and some conceptual design patterns that can help us market the property and make it 'easier/lower risk' for a developer to advance a proposal," he said in a recent email ...

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      Mentions: Northampton Holyoke
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