1. Articles in category: Business Development

    73-96 of 242 « 1 2 3 4 5 6 7 8 9 10 »
    1. Businesses Connect and Grow at the Orange Innovation Center

      Businesses Connect and Grow at the Orange Innovation Center

      The movement toward innovation centers and collaborative maker spaces might be hot right now across Western Mass., but the Orange Innovation Center was on the cutting edge when it opened 20 years ago in this small Franklin County town. Under its current ownership, the complex has doubled its tenant roster over the past five years, in turn boosting perhaps its greatest calling card — the built-in support of a business community invested in seeing each other succeed.

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    2. New owner of Springfield's Tower Square Hotel revealed as sale is set to close

      New owner of Springfield's Tower Square Hotel revealed as sale is set to close

      Western Massachusetts businessman Dinesh Patel and his partners plan to close on their purchase of Tower Square Hotel on Thursday. Patel's attorney, Paul M. Maleck, confirmed Wednesday that the transaction is expected and said Patel and his partners' planned purchase of the adjacent Tower Square mall and office tower will follow in a few weeks.

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    3. Westfield submits state paperwork to create industrial park

      Westfield submits state paperwork to create industrial park

      A potential industrial park on the city's north side is moving forward with the submission of an environmental notification form to the state Executive Office of Energy and Environmental Affairs. The potential park, located on 66 acres between Turnpike Industrial and Cabot roads, is a wooded area that the city purchased in 1989 with intentions of creating an additional landfill. When regulations no longer allowed for a landfill, the property remained undeveloped. City Advancement Officer Joe Mitchell said filing the environmental notification form is the first step in the prequalifying site review for the Turnpike Industrial Park.

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      Mentions: Westfield
    4. Springfield Planning Board considers new office building to replace Peter Pan bus station

      Springfield Planning Board considers new office building to replace Peter Pan bus station

      The Planning Board has a hearing scheduled Wednesday night to consider approving plans by a housing agency to demolish the Peter Pan bus terminal and construct an office building in its place. Way Finders, a nonprofit housing services agency that was formerly HAPHousing, is proposing the new, 23,338-square-foot building at the former bus terminal at 1776-1780 Main St. The station site will serve as Way Finders' new headquarters and housing center. The meeting begins at 6 p.m., at City Hall, in Room 220. Way Finders announced the $13 million project in December that includes a $2.75 million ...

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    5. 'The New Springfield': Investment in city now $3.76 billion since tornado

      'The New Springfield': Investment in city now $3.76 billion since tornado

      Public and private investment in the city since the tornado of June 2011 now totals more than $3.76 billion, Chief Development Officer Kevin Kennedy said Tuesday during a presentation at CityStage. Kennedy gave an economic development update to the Springfield Regional Chamber of Commerce at his "The New Springfield: Now Arriving" program. The $3.76 billion number is up $453 million since Kennedy's most recent CityStage update in November 2016.

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    6. Former Southworth building in Agawam sold; new owners plan to subdivide it for industrial use

      Former Southworth building in Agawam sold; new owners plan to subdivide it for industrial use

      Investors have finalized their purchase of the former Southworth Paper factory and headquarters for $1.9 million. Southworth is liquidating its assets and will likely sell its former mill in the Turners Falls section of Montague at auction. That transaction is pending in the U.S. Bankruptcy Court in Springfield. In Agawam, the new owners of the 146,000-square-foot plant at 265 Main St., PCT Realty Venture, plan to allow a tenant to keep operating there and to rent out the rest of the building for manufacturing or warehouse uses.

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      Mentions: Springfield
    7. 'The New Springfield is Arriving' progress report features Sec. Jay Ash

      'The New Springfield is Arriving' progress report features Sec. Jay Ash

      Encouraged by recent good news from MassMutual, Big Y and others, city Chief Development Officer Kevin Kennedy is giving another of his regular updates. The event, called "The New Springfield Is Arriving," takes its name from Springfield's Union Station and the new CTRail commuter rail service. The presentation runs from 4-6 p.m. Tuesday at CityStage, One Columbus Center, Springfield. The event is free. Parking is free in the adjacent garage. State Secretary of Housing and Economic Development Jay Ash is will also speak. Ash helped secure a deal earlier this year that will bring 1,500 MassMutual jobs ...

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    8. Owner says $41 million rehab of Paramount Theater-Massasoit property in downtown Springfield set to begin

      Owner says $41 million rehab of Paramount Theater-Massasoit property in downtown Springfield set to begin

      Developer Heriberto Flores said his agency anticipates launching a $41 million redevelopment project in June of the historic Paramount Theater and Massasoit building, seen as a key component of downtown revitalization efforts. Flores, president of the New England Farm Workers Council, which owns the Paramount/Massasoit property, said the extensive rehabilitation project will begin with replacement of the roof, needed to protect the site from further deterioration. The Farm Workers Council is investing private and public funds, including state and federal tax credits, to restore the Paramount as a 1,750-seat performing arts center and the attached Massasoit building as ...

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    9. Food Processing Center Gives Clients the Right Ingredients

      Food Processing Center Gives Clients the Right Ingredients

      Launched in 2001, the Western MA Food Processing Center in Greenfield has become a powerful engine when it comes to economic development in Franklin County and beyond. The WMFPC has been instrumental in helping farmers and other food and beverage entrepreneurs to grow organically — in every sense.
      Caroline Pam gave the jar a half-turn.  That was how she started to answer a question, the one about what makes her company’s salsa and sriracha (hot sauce) stand out in a market crowded with competitors.

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      Mentions: Greenfield
    10. Businesses pledge $400K toward Springfield 'image campaign,' pending city's contribution

      Businesses pledge $400K toward Springfield 'image campaign,' pending city's contribution

      A top economic development official told city councilors this week the business community is ready to contribute $400,000 toward a $1 million "image campaign" to promote Springfield if the city contributes $100,000. In addition, Richard K. Sullivan Jr., president and CEO of the Economic Development Council of Western Massachusetts, said he expects that combined total of $500,000 in cash would be matched by in-kind contributions from media organizations including The Republican, MassLive, WWLP 22 News, Western Mass News, along with Comcast.

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    11. Sneak peek inside new $19.9 million Live 155 complex on Pleasant Street in Northampton (photos, video)

      Sneak peek inside new $19.9 million Live 155 complex on Pleasant Street in Northampton (photos, video)

      Way Finders, the Springfield-based housing agency that used to be HAPHousing, aimed for a niche market when it built Live 155, its new apartment building at the former Northampton Lodging site at 155 Pleasant St. And they've apparently hit that target, said Peter Serafino, project manager for Way Finders. Tenants have already claimed the 47 affordable housing units at the 70-unit building, and applicants are lining up for the remaining 23 market-rate units. There was a lottery, he said, and new applicants for affordable units are going on the waiting list.

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    12. Greentown Initiative Links Startups with Manufacturers

      Greentown Initiative Links Startups with Manufacturers

      Adam Rodrigues, manufacturing fellow with Greentown labs, says his job description can be smashed down to two words: Making matches. That would be matches between startups across the state, and especially those within the 413, and manufacturers in Western Mass. that can help bring a concept to the marketplace. He’s already made several of these matches and plans to make many more, connections that have a number of benefits — for the startups, the manufacturers, the region, and the state.

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    13. There’s Certainly Growing Interest in Holyoke

      There’s Certainly Growing Interest in Holyoke

      Marcos Marrero says that if one were to have a machine running an optimization algorithm that would weigh a host of quantitative and qualitative factors to ultimately determine the very best spot in the region — and maybe the country — to locate a marijuana cultivation and distribution facility, it would, when done with its analysis, likely spit out two words: Holyoke and Massachusetts. He doesn’t. He’s director of Planning and Economic Development for the other Holyoke, the one on the Connecticut River. The one heralded as one of the first planned industrial cities in the country. The one where ...

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    14. MGM Springfield unveils further details of $960 million casino project, requests an extra year to develop housing at Elm Street property

      MGM Springfield unveils further details of $960 million casino project, requests an extra year to develop housing at Elm Street property

      MGM Springfield unveiled new details and some changes being proposed at its $960 million casino on Thursday, ranging from its plans for a free downtown shuttle bus system to a desire to have more table games and fewer slot machines to address millennial customer preference. The details were shared with the Massachusetts Gaming Commission at its meeting in Boston.

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      Mentions: Springfield MGM
    15. Thornes Marketplace to Renovate Front Entrance on Main Street

      Thornes Marketplace to Renovate Front Entrance on Main Street

      Thornes Marketplace will begin a major renovation of its front entrance on Main Street the first week in April to make practical improvements as well as aesthetic ones that are historically accurate. Richard Madowitz, Thornes owner and property manager, stressed that work on the entryway — one of the last phases of a multi-year capital-improvement project — will be conducted from 9:30 p.m. to 7:30 a.m. The front entrance will remain open daily during regular business hours.

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    16. Dietz & Co. Architects on ground floor of new Springfield

      Dietz & Co. Architects on ground floor of new Springfield

      It makes perfect sense that Dietz & Co. Architects - a firm specializing in historic restoration - would become the first tenant to sign a lease for office space in the $92 million renovation of the long-derelict and dilapidated building. Founded in 1985 by Kerry L Dietz, the firm has made a name for itself by taking old urban structures and redesigning them for 21st century use.  Over the years, the company's fortunes have mirrored downtown Springfield's revitalization progress. Now the largest architectural firm in the region with 26 employees, the company has left its distinctive mark on dozens of historic ...

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    17. Mass. Gov. Charlie Baker proposes $610 million economic development bill, including...

      Mass. Gov. Charlie Baker proposes $610 million economic development bill, including...

      Gov. Charlie Baker on Friday filed a $610 million economic development bill. The bill includes a potpourri of initiatives meant to encourage local economic development projects, help coastal communities, and incentivize business hiring. The bill would also create a permanent sales tax holiday in Massachusetts. "This bill seeks to grow the economy for all regions of the Commonwealth by providing support for small businesses, continuing the successful MassWorks program for Massachusetts' downtowns and main streets, and purchasing more equipment to expand and improve workforce skills training," Baker said in a statement.

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    18. ‘The Year of the New Springfield’ Is Underway

      ‘The Year of the New Springfield’ Is Underway

      To say projects are coming to fruition in Springfield is a bit of an understatement these days, with a $950 million casino opening downtown in September, following right on the heels of the $90 million Union Station renovation and the $95 million CRRC MA plant on the former Westinghouse site, which is expected to begin producing rail cars for the MBTA this year.  Kevin Kennedy, the city’s chief Development officer, cited those projects at the start of a recent conversation with BusinessWest because they have been, in many ways, the most prominent signs of economic momentum in Springfield. But ...

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    19. Colvest Group of Springfield latest to try redeveloping Holyoke's Lynch School

      Colvest Group of Springfield latest to try redeveloping Holyoke's Lynch School

      The Colvest Group of Springfield is the latest possibility to redevelop the closed Lynch School at 1575 Northampton St. "The Colvest Group intends to construct an attractive retail development that is compatible to the surrounding area which will provide jobs and financial benefit to the city," Mayor Alex B. Morse said in a letter Wednesday to the City Council.

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    20. Springfield gears up for $2.5 million Riverfront Park renovation as Agawam company emerges as low bidder

      Springfield gears up for $2.5 million Riverfront Park renovation as Agawam company emerges as low bidder

      An Agawam company this week submitted the lowest bid for a major renovation at Riverfront Park. JL Construction submitted a base bid of $2,418,000, the lowest of six bids received by Wednesday's deadline. The bid is within expectations and should allow the project to proceed this spring, officials said. The city is likely to add the option under JL Construction's bid of sodding the field for an additional $68,500, said Peter Garvey, the city's director of capital asset construction.

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    21. Springfield Regional Chamber Event to Feature Secretary Jay Ash

      Springfield Regional Chamber Event to Feature Secretary Jay Ash

      At its Business@Breakfast event on Wednesday, March 7, the Springfield Regional Chamber will host Jay Ash, state secretary of Housing and Economic Development, who will talk about “Unlocking Economic Development,” and his priorities to grow jobs, help communities realize their economic-development initiatives, connect citizens to new economic opportunities, and build prosperity across Massachusetts. The event takes place from 7:15 to 9 a.m. at Chez Josef, 176 Shoemaker Lane, Agawam. The cost is $25 for members ($30 at the door), or $35 general admission ($40 at the door).

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    22. Local investors interested in buying Tower Square Hotel, state documents say

      Local investors interested in buying Tower Square Hotel, state documents say

      MassMutual told state officials that there is local investor interest in buying the Tower Square Hotel. That's according to state documents released to The Republican through a public records request. They include pages of handwritten notes by Secretary of Housing and Economic Development Jay Ash as he spoke repeatedly with MassMutual about a deal to have the insurance giant consolidate in Massachusetts.

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    23. Big Y looked around and chose Springfield as distribution hub for future growth

      Big Y looked around and chose Springfield as distribution hub for future growth

      Big Y Foods Inc. hosted its Friday news conference announcing a major expansion of its Springfield distribution center in the morning because by the afternoon, the existing warehouse space would have been too full. "We wouldn't be able to move," said Vice President of Corporate Communications Claire D'Amour-Daley. Her brother, Big Y President and COO Charles L. D'Amour, said the crush is even worse in the summer when farmers bring in produce.

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    24. Chicopee to spend $2.89 million to demolish 5 more Uniroyal buildings

      Chicopee to spend $2.89 million to demolish 5 more Uniroyal buildings

      The city will remove five of the largest buildings on the Uniroyal property this year but at a higher cost than was originally expected. The City Council voted 13-0 to allocate $2.89 million to tear down the five largest remaining buildings on the Uniroyal campus after learning the cost of demolition skyrocketed due to deterioration of three attached buildings. "The cost has gun up unfortunately but it is a necessary expense," Councilor Joel McAuliffe said.

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      Mentions: Chicopee
    73-96 of 242 « 1 2 3 4 5 6 7 8 9 10 »
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