1. Articles in category: Business Development

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    1. MGM Springfield continues to take shape with 2018 grand opening in sight (photos) | masslive.com

      MGM Springfield continues to take shape with 2018 grand opening in sight (photos) | masslive.com

      With a September 2018 opening coming fast, MGM Springfield officials are keeping their cards close when it comes to discussing details from inside the walls of the $960 million project.  But a walk around the 14.5 acre campus reveals a transformed section of downtown that has risen from a landscape left tattered by a 2011 tornado.  'I'm incredibly excited for 2018,' said MGM Springfield President Michael Mathis. 'We feel like this is Springfield's year to shine.'

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      Mentions: Springfield
    2. Granite State Development Corp. Helps Businesses — and the Economy — Expand

      Granite State Development Corp. Helps Businesses — and the Economy — Expand

      Certified development companies, or CDCs, are entities that partner with banks to help small businesses secure financing to grow their operations. But in doing so, they’re also growing the economy by promoting economic development, which is, in fact, a key element of their mission. Since its inception in New Hampshire in 1982 — and its subsequent, ever-expanding work across Massachusetts — Granite State Development Corp. has been executing that mission.

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      Mentions: Holyoke
    3. Public meeting scheduled on potential new Westfield industrial park

      Public meeting scheduled on potential new Westfield industrial park

      An informational meeting on the potential development of 66 acres of land on Turnpike Industrial and Cabot roads is planned for Jan. 10. The public meeting will take place at 6 p.m. at the North Middle School auditorium. Westfield Advancement Officer Joe Mitchell said this is one of the required steps associated with pre-permitting the land as an industrial park under the Massachusetts Environmental Protection Agency (MEPA). "This is a friendly meeting to give information to anyone interested," Mitchell said. "It's just the start of the process."

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      Mentions: Westfield
    4. State proposes $4.7M road project on Route 202 that could aid Belchertown State School redevelopment | masslive.com

      State proposes $4.7M road project on Route 202 that could aid Belchertown State School redevelopment | masslive.com

      The state Department of Transportation is proposing a $4.7 million road improvement project along Route 202 that could add a traffic signal at the Turkey Hill Road intersection -- an access point to the former Belchertown State School, which is being redeveloped.  The 1.2-mile project would extend along State Street (Route 202) from the South Main Street (Route 181) junction in the center of town to Turkey Hill Road (Route 21) near Eastern Hampshire District Court.

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    5. Westfield one step closer to creating Transformative Development District

      Westfield one step closer to creating Transformative Development District

      The city is one step closer to having a Transformative Development Initiative district. Last week, city officials and community partners met with a group from MassDevelopment to present their vision for the district. The Transformative Development Initiative (TDI) is a program for the state's so-called gateway cities designed to enhance public-private engagement and community identity, improve quality of life, and spur investment and economic activity. It is a program of MassDevelopment that uses the state's Transformative Development Fund.

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    6. Franklin County has 'enormous economic opportunity' says chamber leader Natalie Blais

      Franklin County has 'enormous economic opportunity' says chamber leader Natalie Blais

      Working in economic development and communications for U.S. Rep. John W. Olver, D-Amherst, from 2005 through 2012, Natalie M. Blais quickly learned that economic development is most successful when it is driven from the ground up, not top down. "Community buy-in is a must," says Blais, who later worked as district representative for U. S. Rep. James P. McGovern, D-Worcester, following Olver's retirement. As the new executive director of the Franklin County Chamber of Commerce, Blais focused on spending her first two months listening to learn what is important to chamber members and communities.

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    7. Union Station Project Earns Top Brownfield Redevelopment Honor

      Union Station Project Earns Top Brownfield Redevelopment Honor

      Springfield’s Union Station — and the project to bring it back to productive life after more than 40 years of dormancy — have both been described using a whole host of words and phrases. But ‘a bureaucrat’s delight?’ That was a new one, and one that most people probably wouldn’t expect to see the light of day. But Kevin Kennedy, Springfield’s chief Development officer, summoned it as he talked about the latest additions to what is becoming known as the Union Station trophy case — only there is no such thing. Yet. These would be two awards from the ...

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    8. Five Guys Burgers lands approval to open new restaurant in East Longmeadow's Center Square shopping complex

      Five Guys Burgers lands approval to open new restaurant in East Longmeadow's Center Square shopping complex

      Diners might have a new place in town to grab a burger, after town officials approved a plan to put a Five Guys in Center Square. The Planning Board this week approved a special permit allowing East Longmeadow Center Village, LLP, which owns several buildings in the plaza, to convert part of Mattress Firm on 40 Center Sq. into a branch of the popular burgers and fries chain. Under the approved plan, about 2,450 square feet of Mattress Firm would be reallocated to Five Guys, Rob Levesque of civil engineering firm R. Levesque Associates Inc. told the Planning Board ...

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    9. Springfield preps image campaign: 'This is our story. If we don't tell our story, no one else will.'

      Springfield preps image campaign: 'This is our story. If we don't tell our story, no one else will.'

      It will take up to $2 million to fund an "image campaign" promoting the city both here and across the Northeast, officials said in a fundraising pitch Thursday. "This is our story. If we don't tell our story, no one else will," said Mayor Domenic J. Sarno. "It's not smoke and mirrors. This is real good news we have to share." Kevin Kennedy, the city's chief economic development officer, pointed to economic development in the city that includes the new CRRC rail car plant in East Springfield.

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    10. Springfield plans $600K renovation of Van Horn Park with federal grant funds

      Springfield plans $600K renovation of Van Horn Park with federal grant funds

      The city, aided by federal grant funds, is planning an estimated $600,000 renovation of Van Horn Park in Liberty Heights that includes new playground equipment and improved lighting, landscaping and pedestrian access. The city plans to hire a design/engineering company for the project with construction slated to begin in the summer of 2018 and completion by June of 2019. Mayor Domenic J. Sarno said the renovation of the 114 acre park "will enhance the recreational offerings for residents of all ages" by enhancing the active and passive use of the park on Armory Street within the densely populated ...

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    11. Beacon Communities gets tax credits needed to begin 130-unit North Amherst housing project

      Beacon Communities gets tax credits needed to begin 130-unit North Amherst housing project

      Beacon Communities will be able to proceed with its planned 130-unit housing project in North Amherst after state officials announced Tuesday the project will receive the low-income tax credits developers had been hoping for. State officials announced the funding in Holyoke as part of a $35 million package supporting affordable rental housing in Massachusetts.

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      Mentions: Amherst Holyoke
    12. IHOP at Five Town Plaza in Springfield set to open

      IHOP at Five Town Plaza in Springfield set to open

      The IHOP restaurant at the Five Town Plaza in the Sixteen Acres neighborhood will open Tuesday at 7 a.m. A formal grand opening is set for Jan. 19, said Jaleel Rahman, manager for the Rocky Hill, Connecticut-based Dine In Group that owns the franchise. The restaurant is in an out parcel at the plaza, located at 300 Cooley St. near Bicentennial Highway. The building it will occupy first housed a twin movie theater and most recently a AAA office.

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    13. Snapchef trains, transports and employs chefs while filling needs of Massachusetts kitchens

      Snapchef trains, transports and employs chefs while filling needs of Massachusetts kitchens

      If chicken soup cures everything, the chicken soup simmering at Snapchef on Worthington Street in Springfield just might be part of the cure for Springfield's persistent workforce problems. The culinary training program is helping people who need jobs but lack skills -- or formal proof that they have skills -- as well as employers who have jobs to fill but can't find a qualified candidate. "We are not your typical employment agency," said Todd Snopkowski, founder and CEO of Snapchef. "We are not your typical job training agency. We combine the two."

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    14. DevelopSpringfield closes sale of former River Inn site on State Street to Pride Stores

      DevelopSpringfield closes sale of former River Inn site on State Street to Pride Stores

      DevelopSpringfield said Friday that it has closed the sale of the former River Inn site at 700 State St. to Pride Stores, which will build a 5,500-square-foot "Super Pride" with a food court, Subway sandwich shop and Pride Bakery cafe. For Pride Stores CEO Robert Bolduc said the location in the heart of the McKnight and Old Hill neighborhoods will fill the same neighborhood market role as his 7-year-old location on West Street in the city's similarly hardscrabble Brightwood neighborhood.

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    15. East Longmeadow gas station / convenience store 1 permit away from finally opening | masslive.com

      East Longmeadow gas station / convenience store 1 permit away from finally opening | masslive.com

      A gas station and convenience store on Shaker Road has one more regulatory hurdle to clear before it can open, possibly as early as next week.  Atlantis Fresh Market on 227 Shaker Road passed fire department inspections of its alarms and fire suppression systems for its gas distributors on Thursday, East Longmeadow Fire Lieutenant Brian Daponde said.

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    16. Several Issues on the Horizon Could Derail Momentum, Growth

      Several Issues on the Horizon Could Derail Momentum, Growth

      We might remember 2017 as the year of the much-anticipated reopening of Union Station as a dramatically renovated transportation hub. The more than $90 million renovation additionally created office and retail space, transforming this area of Springfield’s North End. The Innovation Center on Bridge Street welcomed new tenants with continued construction on additional office and retail space, and the new, $11.8 million Mercedes-Benz of Springfield dealership opened in Chicopee.


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    17. Southwick Offers Winning Mix of Business, Fun

      Southwick Offers Winning Mix of Business, Fun

      Many communities, Doug Moglin notes, tout themselves as a great place to live, or an ideal spot to do business, or a haven for recreation.  “But we have all three,” said the chair of Southwick’s Board of Selectmen. “I’m one of those people who do all three in town, and we still have room for more of all those things.”  On the residential front, for example, work continues on 26 homes at the new Noble Steed subdivision off Vining Hill Road. Meanwhile, the Southwick Country Club site is being sold to Fiore Realty, which intends to develop more ...

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    18. A Host of Factors Are Lifting the Region’s Economy Higher

      A Host of Factors Are Lifting the Region’s Economy Higher

      The state of the region’s economy is strong, and the economic outlook is bright. That’s a simple statement, but let’s look at the facts that support that optimism. We all have read of the important investments that MGM and CRRC, the Chinese rail-car manufacturer, are making in Springfield. Less-reported is the some $5.2 billion of economic-development projects that have recently occurred or are currently underway in our region. In a 2016 study, the Economic Development Council of Western Mass. (EDC) catalogued the growth in each community — from housing developments to manufacturing companies expanding and relocating to ...

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    19. Wilbraham developer gets 'positive feedback' for mixed-use redevelopment plan for village center | masslive.com

      Wilbraham developer gets 'positive feedback' for mixed-use redevelopment plan for village center | masslive.com

      A mixed-use redevelopment proposal for the village center received positive feedback at a Planning Board public forum Tuesday evening.  The forum was held at the library and attracted about 50 people, many of whom gave favorable reviews of the plan, which calls for creating retail, commercial and residential space in the area of Main Street, Burt Lane and Crane Park Drive. The plan requires a zoning change for the residential component to happen, and the zoning change requires approval from town meeting voters.

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    20. Westfield eyes state support for economic development district

      Westfield eyes state support for economic development district

      City officials hope Westfield will have a Transformative District Initiative district in early 2018. The Transformative District Initiative is a development program for Gateway Cities designed to enhance local public-private engagement and community identity, improve quality of life, and spur increased investment and economic activity. It is a program of MassDevelopment that uses the state's Transformative Development Fund.  Area communities that already have TDI districts include Holyoke and Springfield.

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    21. Way Finders (formerly HAPHousing) to spend $13 million to turn Peter Pan bus station in Springfield into 'housing center of the future'

      Way Finders (formerly HAPHousing) to spend $13 million to turn Peter Pan bus station in Springfield into 'housing center of the future'

      Housing services nonprofit Way Finders will spend $13 million to buy and rehabilitate the former Peter Pan Bus Terminal at 1776 Main St into what president and CEO Peter Gagliardi called the "housing center of the future." Gagliardi, Peter Pan Chairman Peter A. Picknelly, Mayor Domenic J. Sarno and others gathered at the recently closed bus terminal Monday to provide details about the project, which includes a $2.75 million purchase price for the property. The sale follows Peter Pan's decision to move its offices into Union Station, which the bus line already uses as a hub and base ...

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    22. Restaurant, apartment complex planned for vacant University Drive site in Amherst

      Restaurant, apartment complex planned for vacant University Drive site in Amherst

      Developer Barry Roberts is planning to build a 3,660-square-foot restaurant and a 26-unit, three-building apartment complex on vacant land near Newmarket Center on University Drive. He is seeking a special permit for both projects. Hearings resume before the Zoning Board of Appeals at 6 p.m. Dec. 7 The land is owned by former Amherst residents Mohammad and Shakeela Yasmeen Idress. Roberts plans to build a restaurant that will be operated by Jerry Jolly, who owns the Pub and Rafters, said lawyer Thomas Reidy.

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      Mentions: Amherst
    23. Springfield housing agency Way Finders headed to old Peter Pan station

      Springfield housing agency Way Finders headed to old Peter Pan station

      A city housing agency plans to move into the now-closed Peter Pan Springfield bus terminal and office building at 1776 Main St. The announcement comes as Peter Pan prepares to move of its corporate offices to the newly renovated Springfield Union Station across the street. Way Finders -- which has a total staff of 230 employees, with 160 based in Springfield -- has been looking for a bigger headquarters.

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    24. Regional Director of MOBD to Meet Business, Community Leaders

      Regional Director of MOBD to Meet Business, Community Leaders

      Debra Boronski, regional director for the Massachusetts Office of Business Development (MOBD), will hold office hours for business and community leaders on Monday, Dec. 18 from 8:30 a.m. to 12:30 p.m. at the Massachusetts Small Business Development Center office located in Building 101 of the STCC Technology Park, 1 Federal St., Springfield. Meetings will be held in the Peter Pan Room, located on the second floor.

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  3. Organizations in the News

    1. (1 articles) University of Massachusetts
    2. (1 articles) Economic Development Council of Western Massachusetts
    3. (1 articles) 1Berkshire
    4. (1 articles) Springfield City Council
    5. (1 articles) Valley Venture Mentors
  4. Government Officials in the News

    1. (1 articles) Domenic J. Sarno
    2. (1 articles) Congressman Richard E. Neal
  5. Western Mass Cities in the News

    1. (5 articles) Springfield
    2. (2 articles) Amherst
    3. (2 articles) Easthampton
    4. (2 articles) Northampton
    5. (2 articles) Westfield
    6. (2 articles) Greenfield
    7. (1 articles) West Springfield
    8. (1 articles) Chicopee
    9. (1 articles) Holyoke
  6. Companies in the News

    1. (2 articles) Big Y Foods
    2. (1 articles) General Dynamics
    3. (1 articles) Peter Pan Bus Lines
    4. (1 articles) Bank of America
  7. Western Mass EDC Board of Directors in the News

    1. (1 articles) Peter Rosskothen