1. Articles in category: Business Development

    49-72 of 295 « 1 2 3 4 5 6 ... 11 12 13 »
    1. Springfield's Chestnut Towers receives $10.2 million in state funding toward planned renovations

      Springfield's Chestnut Towers receives $10.2 million in state funding toward planned renovations

      Springfield's Chestnut Towers will receive $10.2 million in affordable housing funds for renovations, state Secretary of Housing and Development Jay Ash said Wednesday during a visit to the downtown complex. The new funding will supplement a $45 million investment by the property's management, Related Companies, to renovate and transform the 489-unit apartment complex, said Jeff Brodsky, the company's vice chairman, during a press conference.

      Read Full Article
    2. Springfield plans environmental review before seeking buyer to redevelop junkyard lots

      Springfield plans environmental review before seeking buyer to redevelop junkyard lots

      The city is planning to hire a company for an environmental assessment of a 14-acre swath of tax-title properties along Bay and Tapley streets with the hope that it will lead to the sale, cleanup and redevelopment of the site. The city recently received a $99,940 grant from MassDevelopment, the state's economic development finance arm, that will pay for the environmental assessment before the city pursues a new owner to develop the site, city officials said. The site has past industrial uses including storage of automotive parts and metal recyling.

      Read Full Article
    3. Greenfield library gets $9.4 million grant for new building

      Greenfield library gets $9.4 million grant for new building

      Plans to build a new library on Main Street got a boost with the announcement of a $9.38 million state grant. Saturday afternoon, project supporters gathered to celebrate the news from the Massachusetts Board of Library Commissioners. The entire project cost is around $20.5 million, so the grant halves the amount that might be paid from municipal funds -- and the Greenfield Public Library Association said it would raise funds to further soften the tax blow.

      Read Full Article
      Mentions: Greenfield
    4. Downtown Parking Venture Is Fulfilling Promise

      Downtown Parking Venture Is Fulfilling Promise

      Valet parking isn’t exactly a novel concept; banquet halls, restaurants, and hospitals have been offering that service for years, if not decades. But it is when it comes to downtown Springfield’s office towers. One Financial Plaza recently introduced the concept, and in a few weeks, it is living up the promise first foreseen a decade ago. Evan Plotkin says he first conceived of the idea of instituting valet parking at 1350 Main St. in downtown Springfield — the office tower he co-owns — almost 10 years ago.

      Read Full Article
      Mentions: Springfield MGM
    5. Chicopee eyes tax deal to help develop apartments in Cabotville Mill

      Chicopee eyes tax deal to help develop apartments in Cabotville Mill

      Tax break details for the redevelopment of the Cabotville Mill complex still have to be worked out, but city leaders are already looking beyond converting the old factory buildings into housing to the dream of drawing customers to the nearby shops and restaurants. "I think it could revitalize the whole downtown,'' City Councilor James K. Tillotson said. "I think all those businesses are really looking forward to it. We would entice more small restaurants and markets, and some specialty shops,'' Tillotson said.

      Read Full Article
    6. Springfield officials celebrate opening of Holiday Inn Express in downtown (photos)

      Springfield officials celebrate opening of Holiday Inn Express in downtown (photos)

      City officials and other well-wishers gathered Wednesday at the new Holiday Inn Express on State Street, celebrating its recent opening which ended years of delays and anticipation. The 98-room hotel opened in April at the former Epiphany Tower, 145 State St., across the street from the MassMutual Center and a short distance from the MGM Springfield casino project.

      Read Full Article
    7. Springfield City Council approves tax incentives for Willys-Overland downtown housing...

      Springfield City Council approves tax incentives for Willys-Overland downtown housing...

      The City Council approved tax incentives for the historic Willys-Overland property on Chestnut Street on Monday, providing property tax relief to the new owner to assist plans to convert the site to market-rate housing. The vote was 8-0 to approve the 10-year tax increment exemption agreement with Davenport Companies, under the name Chestnut Acquisitions LLC. Under the agreement, Davenport will have a total tax savings estimated at $310,000 over 10 years, according to the Assessors Department.

      Read Full Article
      Mentions: Springfield
    8. Downtown Amherst development proposal includes commercial space, 58 studio apartments

      Downtown Amherst development proposal includes commercial space, 58 studio apartments

      Two meetings are planned next week to review a proposal to construct a four-story building with 1,000 square feet of commercial space and 58 studio apartments on an approximately one-third acre lot at 26 Spring St. downtown. The Amherst Design Review Committee will convene Tuesday at 6 p.m. at Town Hall; the Planning Board is scheduled to meet on Wednesday at 7:20 p.m.

      Read Full Article
      Mentions: Amherst
    9. Massachusetts House tacks $125 million in earmarks onto economic development bond bill

      Massachusetts House tacks $125 million in earmarks onto economic development bond bill

      State representatives on Tuesday night added $125 million in earmarked spending to a $666 million economic development bill before sending it along to the Senate.  The economic development bill, H.4714, is passed each year as a way to fund major projects around the state. It includes earmarks for specific projects, funding for economic development grants and money for job training.

      Read Full Article
    10. Go Westfield – Westfield, Mass. Economic Development

      Go Westfield – Westfield, Mass. Economic Development

      “The City of Westfield is committed to working with businesses to make it easy to locate, operate, and grow jobs. Westfield has distinguished itself by tapping into numerous economic development programs to improve its infrastructure, leverage state-owned property and facilities for commercial use, develop its workforce, and tap into private investment in support of its economic development agenda.”
      Jay Ash, Secretary of Housing and Economic Development for the Commonwealth of Massachusetts

      Read Full Article
      Mentions: Westfield
    11. Springfield’s Economy Continues to Outperform Hartford

      Springfield’s Economy Continues to Outperform Hartford

      Connecticut has had its share of economic challenges in recent years, including a slow but steady outmigration of residents. Many might not be aware, however, of how stark the differences are between Connecticut and Massachusetts when it comes to long-term job recovery from the Great Recession — including Springfield’s relative strength when compared to Hartford. Farmington Bank’s economic adviser recently broke down the numbers, painting a picture that should be encouraging to those north of the border.

      Read Full Article
      Mentions: Springfield
    12. Bulkley Richardson Opens Office in Hadley - BusinessWest

      Due to expanding needs, Bulkley Richardson has moved from its Amherst location into a more spacious office at 380 Russell St. in Hadley.  “This move supports the growing needs of our clients and offers a more centralized location in Hampshire County,” said Peter Barry, managing partner of the 35-attorney firm. “The move is another example of the firm striving to exceed client expectations. We can accommodate more attorneys working in the new space, which means offering a greater range of services to our clients.”

      Read Full Article
      Mentions: Springfield Amherst
    13. Want to buy an old fire station? Springfield willing to chip in $50,000 for redevelopment

      Want to buy an old fire station? Springfield willing to chip in $50,000 for redevelopment

      After four unsuccessful efforts in recent years to sell the former century-old Oak Street fire station in Indian Orchard, the city is trying again -- this time with a $50,000 incentive offered to a buyer willing to redevelop the site. The city's first-time offer up to $50,000 to a successful bidder is from the city's annual allocation of federal Community Development Block Grant (CDBG) funds, as approved by Mayor Domenic J. Sarno. The incentive is for exterior improvements such as roof, masonry and window repairs, according to the city's advertisement for proposals.

      Read Full Article
    14. Historic Armory site sold, new owners plan $5 million project

      Historic Armory site sold, new owners plan $5 million project

      Built Partnership, a Georgia-based investor and developer, has purchased the the 140,000-square-foot Armory Watershops site and plans in investment of more than $5 million at the site. Built Partnership's plan is to redevelop the 161-year-old site into space for high-tech light manufacturing, e-commerce, storage, and office space, according to a news release. The new owners said current tenants are expected to remain on the site initially.

      Read Full Article
    15. MassLive Building in downtown Springfield to offer valet parking starting Monday

      MassLive Building in downtown Springfield to offer valet parking starting Monday

      The MassLive Building, formerly known as One Financial Plaza, will offer valet parking to tenants and guests starting Monday. The building at 1350 Main St. has  on-site management, a gym, and a first-floor cafe as well as the offices of MassLive Media, and several other business. The MassLive Building is the first office building in downtown Springfield to offer valet parking service, building manager Evan Plotkin, president of NAIPlotkin, said.

      Read Full Article
    16. Easthampton 'playing hard' for redevelopment of One Ferry Street

      Easthampton 'playing hard' for redevelopment of One Ferry Street

      The derelict 1903 mill complex at One Ferry Street has long been vacant, but now Mayor Nicole LaChapelle hopes two geographically targeted initiatives will help draw investment.  A "district improvement financing" area surrounding One Ferry would allow additional tax revenue generated by new growth to finance related public infrastructure. The DIF mechanism is described under Chapter 40Q of state law.

      Read Full Article
      Mentions: Amherst Easthampton
    17. People in Business: United Personnel announces new hires

      People in Business: United Personnel announces new hires

      Nancy Scirocco Nesbitt has joined United Personnel as its new Vice President of Business development for the Connecticut region. Nancy, most recently Vice President for Government and Not-for-Profit Banking for Webster Bank, brings over 20 years of management, client support and economic development experience to her position with United. past positions include Vice President of at the Metro Hartford Alliance, adjunct professor at Central Connecticut State University and Contract Administrator at Otis Elevator. Nancy has an MBA from Rensseler Polytechnic Institute and a BA from the University of Connecticut. She serves on the Governor's Task Force for Abused Children ...

      Read Full Article
    18. Springfield offering grants for downtown public art displays

      Springfield offering grants for downtown public art displays

      The city is offering grants for the installation of public art displays in the Cultural District downtown, seeking art that is "inspirational and positive in nature" and that reflects a city-inspired theme. The city anticipates awarding multiple grants, ranging from $1,000 to $10,000 each and totaling $25,000, under the city's federally funded Community Development Block Grant program. All bids are due by July 31 at 2 p.m. at the Office of Procurement at City Hall. Complete bid packages are available by calling 413-787-6290.

      Read Full Article
    19. MGM Resorts recognized as one of the top community-minded companies in the nation

      MGM Resorts recognized as one of the top community-minded companies in the nation

      MGM Resorts International has been recognized for its dedication to volunteer service.  The company has named an honoree of the 2018 Civic 50, which recognizes corporations that dedicate time and resources to volunteerism.  MGM, which is headquartered in Las Vegas, is opening a $960 million resort casino project in downtown Springfield in two months. "From the start, MGM Springfield has integrated itself into the fabric of the city and the broader western Massachusetts region and Commonwealth," Saverio Mancini, director of communications for MGM Springfield said of the recognition.  MGM was awarded a gaming license to operate in Massachusetts four years.

      Read Full Article
    20. Silverbrick LLC receives 1st approval to renovate Cabotville Mills in Chicopee

      Silverbrick LLC receives 1st approval to renovate Cabotville Mills in Chicopee

      The proposed project to turn the Cabotville Mill into nearly 600 apartments received preliminary approvals in the developer's first meeting with the City Council Wednesday. The City Council's Zoning Committee voted 6-0 in favor of recommending Aaron Papowitz, founder of Siverbrick LLC and 4 Perkins LLC, which is the company proposing the project, be granted a special permit for the conversion. The plans are still in the conceptual stage so the decision was made contingent on the approval of the city engineer, the fire chief and other city officials. It will also be reviewed by the Planning Board ...

      Read Full Article
    21. MGM Springfield reveals Regal Cinemas will run luxury movie theater at its $960 million...

      MGM Springfield reveals Regal Cinemas will run luxury movie theater at its $960 million...

      MGM Springfield announced Thursday that it has chosen Regal Cinemas to operate the movie theater complex that is part of the company's $960 million resort casino project. MGM Springfield President Michael Mathis announced the selection of Regal during the regular meeting of the Massachusetts Gaming Commission in Boston. Gaming Commission Chairman Steven Crosby congratulated MGM upon announcing the selection.  Mathis said MGM Springfield is excited to partner with Regal for its seven-screen theater, as part of its entertainment offerings in Springfield. Regal currently operates nine other theaters across Massachusetts, according to the company's website.

      Read Full Article
      Mentions: Springfield MGM
    22. Myers Information Systems moving from Northampton to Westfield with plans to expand

      Myers Information Systems moving from Northampton to Westfield with plans to expand

      Myers Information Systems owner Crist Myers announced this week he will move his Northampton-based business to Westfield. Myers Information Systems, a 36-year-old media software company, provides broadcast management software and support to multimedia facilities of all types and sizes. "Our competitors are in Los Angeles, San Francisco, Tel Aviv and London," said Myers, a Longmeadow resident. The company has 20 employees as well as consultants and short-term contract employees, and Myers said he expects to expand once he relocates to Westfield.

      Read Full Article
    23. It Takes 2 Bakery opening Saturday in Westfield

      It Takes 2 Bakery opening Saturday in Westfield

       It Takes 2 Bakery is opening its doors downtown at 31 Elm St. Saturday and will offer fresh baked goods from muffins and eclairs to cupcakes and bread. Owner Kayla Sypek began baking as a child and always dreamed of opening a bakery with her twin sister Sarah. "The only problem is, she doesn't bake," said Sypek. Instead, Sarah will help behind the scenes while Sypek does all the baking. It all started when Sypek's grandmother gave her some of her old baking pans and decorating equipment.

      Read Full Article
    24. Gov. Charlie Baker praises 130-unit North Amherst housing project at groundbreaking

      Gov. Charlie Baker praises 130-unit North Amherst housing project at groundbreaking

      Gov. Charlie Baker and other officials were among nearly 100 people who filled a tent and spilled out onto the lawn Thursday afternoon to celebrate the groundbreaking for North Square at the Mill District, a 130-unit housing project that includes 26 affordable homes. Beacon Communities, the project developer, secured state low-income tax credits in December, necessary to help finance the project.  "This is a complete re-imagination of how this site at this point in time and into the future should be designed to support this community and its future," Baker said. "These are the kinds of things that we as ...

      Read Full Article
    49-72 of 295 « 1 2 3 4 5 6 ... 11 12 13 »
  1. Categories

    1. Industry Clusters:

      Aerospace/Defense, Business Development, Creative Economy, Education, Energy, Entrepreneurship, Financial Services, Green Region, Health Care, Information Technology, Life Sciences, Logistics, Manufacturing, Medical Devices, Paper Manufacturing, Plastics, Retail, Tourism, Transportation, Workforce
  2. Popular Articles

  3. Organizations in the News

    1. (1 articles) Holyoke Community College
    2. (1 articles) Massachusetts Latino Chamber of Commerce
    3. (1 articles) Elms College
    4. (1 articles) MassDevelopment
    5. (1 articles) Greater Holyoke Chamber of Commerce
    6. (1 articles) Western New England University
  4. Government Officials in the News

    1. (1 articles) Kevin Kennedy
  5. Western Mass Cities in the News

    1. (3 articles) Springfield
    2. (2 articles) Holyoke
    3. (1 articles) Palmer
    4. (1 articles) Easthampton
    5. (1 articles) Westfield
  6. Companies in the News

    1. (1 articles) Comcast
    2. (1 articles) Country Bank
    3. (1 articles) Holyoke Medical Center
  7. Business Leaders in the News

    1. (1 articles) Kathleen G. Anderson
  8. Western Mass EDC Board of Directors in the News

    1. (1 articles) Carol A. Leary