1. Articles in category: Business Development

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    1. Northampton Energized by Its Lively Downtown

      Northampton Energized by Its Lively Downtown

      Northampton’s downtown, Amy Cahillane says, is nothing if not eclectic. “We have a great mix of businesses,” said the director of the Downtown Northampton Assoc., a two-year-old organization dedicated to boosting vibrancy in the city’s center. “We have a lot of different clothing stores, coffee shops, restaurants and bars — there’s a lot of room to find your niche here.” She said business owners downtown are very much a network of mom-and-pop outfits that take pride in the district’s economic vibrancy and work hard to welcome new shop owners into the fold as they’re launching their ...

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    2. Starbucks at Springfield's Monarch Place opens next week; will donate proceeds toward Forest Park zoo African cat exhibit

      Starbucks at Springfield's Monarch Place opens next week; will donate proceeds toward Forest Park zoo African cat exhibit

      The new Starbucks in Monarch Place opens at 6 a.m. on Wednesday, May 30, building owner Paul Picknelly said Thursday. Workers were training this week in the new downtown store at the corner of  Main Street and Boland Way. The coffee shop will donate all proceeds from its first week of business to The Zoo in Forest Park & Education Center. The money will go toward a new educational exhibit featuring two African cats, Picknelly said.

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    3. MGM Springfield reports continued success in diversity hiring

      MGM Springfield reports continued success in diversity hiring

      MGM Springfield, preparing to open its casino on Aug. 24, presented its latest quarterly report on Thursday, including statistics showing that it continues to exceed its goals for diversity hiring and contracting for the $960 million construction project. The report, for the three months ending March 31, was shared with the Massachusetts Gaming Commission during a meeting in Boston. Commission member Gayle Cameron praised the latest report, saying it continues past trends. "You are consistently good with your diversity numbers," Cameron said. "It's always encouraging to see."

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    4. Plans to transform historic Northampton house into bed and breakfast to get review at Planning Board meeting

      Plans to transform historic Northampton house into bed and breakfast to get review at Planning Board meeting

      Plans for a new bed and breakfast in a historic section of Northampton will be considered by the city's planning board Thursday night, documents filed with the city show.  Deborah M. Henson, who lives at 83 Pomeroy Terrace, wants to convert sections of her single family home into a place where visitors can stay to enjoy the city.  The section of Northampton in which the house is located--Pomeroy Terrace--was just recently classified as a historic district and will be listed in the National Register of Historic Places, said Sarah LaValley, of the city's planning and sustainability office.

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      Mentions: Northampton
    5. Suffolk Downs agrees to lease, refurbish Great Barrington track for live horse racing | masslive.com

      Suffolk Downs agrees to lease, refurbish Great Barrington track for live horse racing | masslive.com

      The company that operates horse racing and simulcasting at Suffolk Downs in East Boston has agreed to lease and refurbish the race track in Great Barrington.  Sterling Suffolk Racecourse LLC said Wednesday they will operate commercial races at the Great Barrington track while still operating simulcast wagering in East Boston.  The Great Barrington Fairgrounds are owned by Fairgrounds Realty LLC and Fair Grounds Community Redevelopment Project Inc. Racing at Great Barrington could start in 2019. Suffolk is seeking to potentially modify the track for longer races.

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    6. Economic Development Council of Western MA/Springfield WORKS to host Commonwealth Corps Members

      Economic Development Council of Western MA/Springfield WORKS to host Commonwealth Corps Members

      The Economic Development Council Western Mass/Springfield WORKS to Host Three Half-time (18 - 20 hrs/wk) Commonwealth Corps members to serve as Community Outreach Support Specialists providing community resident, leader and employer outreach and mentor recruitment. Through their service, members will increase access to a greater number of residents who are underemployed or unemployed, and community leaders and employers who are vital to sustained employment.

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    7. Springfield Innovation Center construction to resume in June

      Springfield Innovation Center construction to resume in June

      DevelopSpringfield says it will restart renovation work in mid-June on the long-stalled Springfield Innovation Center. MassDevelopment, the state's finance and development agency, sent DevelopSpringfield a commitment letter this week putting the local agency one step closer to getting the financing it needs to complete the project, said Nicholas Fyntrilakis, chairman of the DevelopSpringfield board of directors.

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    8. Ludlow Mills lands $300K in historic tax credits, says Rep. Thomas Petrolati

      Ludlow Mills lands $300K in historic tax credits, says Rep. Thomas Petrolati

      The mammoth Ludlow Mills complex has landed $300,000 in historic tax credits from the state, said Rep. Thomas M. Petrolati, D-Ludlow, a strong supporter of the ongoing preservation and redevelopment project along the banks of the Chicopee River.  The funding will help developer WinnCompanies complete a restoration project that's expected to produce 89 residential units and create up to 100 construction jobs at the iconic Clock Tower Building at Mill 8, one of the many buildings at the sprawling complex covering 170 acres between State Street and the river.

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    9. Simply Grace, winner of US Small Business Administration honor, proves that yes, people will shop in downtown Springfield (photos, video)

      Simply Grace, winner of US Small Business Administration honor, proves that yes, people will shop in downtown Springfield (photos, video)

      Simply Grace, a collection of shops in downtown Springfield begun three years ago as a holiday pop-up, was lauded Wednesday by the U.S. Small Business administration as it prepares to expand with a hair and nails salon. "I remember when we were praying for $100 in sales for a week," said co-owner Mikki Lessard, recalling a touch-and-go transition into a year-round enterprise. "I remember when we fought the winter doldrums because you all in Springfield stay in your offices when it's cold out."

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    10. Chicopee grants tax agreement to company building assisted living complex on Facemate land

      Chicopee grants tax agreement to company building assisted living complex on Facemate land

      The City Council granted a 10-year tax incentive plan to a company that purchased a former factory property from the city and plans to build an assisted living complex on the land. The agreement is with DS Development, which is constructing the RiverMills Assisted Living facility on a parcel of property that the city cleaned up after acquiring the long closed Facemate factory property off West Main Street. The company, based in Weston, purchased the nearly four-acre parcel of land next to the RiverMills Senior Center for $750,000. It received final permits from the city in November 2017 and ...

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      Mentions: Chicopee
    11. 100 days from MGM Springfield's grand opening, $960 million casino nears completion (photos, video)

      100 days from MGM Springfield's grand opening, $960 million casino nears completion (photos, video)

      With just 100 days until MGM Resorts International opens the doors to its $960 million casino in downtown Springfield, construction on the site is ongoing, with new details of the massive structure being revealed daily.  Historic facades from the site's previous structures have been recreated or retained, to give the 14.5 acre site abutted by the South End and downtown areas a touch of flare reminiscent of days gone by, within the state-of-the-art entertainment and gambling complex. Inside the casino, aspects of the region's history and culture, ranging from Dr. Seuss and Emily Dickinson to Indian Motocycle ...

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    12. Cabotville redevelopment project to create 600 luxury SilverBrick lofts in Chicopee...

      Cabotville redevelopment project to create 600 luxury SilverBrick lofts in Chicopee...

      The Cabotville Mill renovation project calls for construction to be done in two equal phases with about 300 apartments, to be constructed in each phase. For now, there is no schedule of when work will begin, but plans indicate the first phase of construction is to start about three months after a special permit is granted, taking about a year to finish. The second phase will begin about three months after the first phase is completed. Thursday Aaron Papowitz, founder and managing principal of the SilverBrick Group, announced he had purchased the Cabotville Mill property from 200 Tillary LLC. and ...

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    13. Springfield City Council approves tax incentives for former YMCA building to aid major...

      Springfield City Council approves tax incentives for former YMCA building to aid major...

      The City Council, in a reversal of a March vote, has granted tax incentives to the owner of the former YMCA building on Chestnut Street, providing property tax relief in conjunction with renovations of the site for market rate apartments. The vote was 10-3 in favor of the tax incentive to SilverBrick Group LLC. SilverBrick purchased the downtown property for $4.8 million in December, and is planning renovations estimated at $6.2 million at the property located at 122 Chestnut St., officials said.

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    14. Greenfield’s Downtown Gaining Momentum

      Greenfield’s Downtown Gaining Momentum

      Greenfield Mayor William Martin acknowledged that it isn’t exactly a scientific measure of either his downtown’s vibrancy or the efficiency of his long-term strategic plan for the central business district. But it certainly works for him. He’s being told there’s a parking problem downtown. Actually, he’s been told that for some time. Until recently, the commentary involved the east end of that district by Town Hall, and the chorus was so loud and so persistent that the community is now building a 272-lot parking garage in that area, due to open in the fall.

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    15. MGM announces roadway projects in Springfield and West Springfield; city also lists projects

      MGM announces roadway projects in Springfield and West Springfield; city also lists projects

      MGM Springfield has released a roadway construction advisory for the weeks of May 14 and 21, in and around downtown Springfield and West Springfield to improve certain roadways, intersections, sidewalks and traffic signals in advance of the resort opening on Aug. 24. MGM Springfield is investing $5.5 million and the city of Springfield more than $1.4 million in improvements and enhancements known as "Main Street Refresh." MGM is overseeing work that includes: intersection/travel signal improvements, utility upgrades, roadway reconstruction/paving, and pedestrian/bicycle enhancements (including handicap accessibility).

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    16. Construction hums along in downtown Springfield, ranging from Riverfront Park to Stearns...

      Construction hums along in downtown Springfield, ranging from Riverfront Park to Stearns...

      City officials said a $2.5 million renovation project now underway at Riverfront Park is one prime example of a series of public projects in the downtown area slated for completion by late fall. The Riverfront Park project began in mid-April and is slated for completion in November, said Peter Garvey, the city's director of capital asset construction. Other projects in the area include renovations at Stearns Square and Duryea Way, Pynchon Plaza renovations, a new police substation on Dwight Street, exterior renovations at City Hall, and exterior renovations at the Central Library on State Street, officials said.

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    17. Chicopee Cabotville project back on: Developer to renovate mill, create 600 apartments

      Chicopee Cabotville project back on: Developer to renovate mill, create 600 apartments

      The project that would turn the largely-vacant Cabotville Mill into as many as 600 apartments is back on 15 months after the project was withdrawn from consideration. Mayor Richard J. Kos announced Thursday that Aaron Popowitz, founder and managing principal of SilverBrick LLC and 4 Perkins LLC, has submitted new plans to renovate the downtown mill complex. Popowitz had originally planned to rehabilitate the mill, which is partly occupied by a number of small businesses, in 2016. He withdrew the plans in February 2017 citing disagreements in trying to purchase the property from Joshua Guttman, who has owned the property ...

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    18. Chicago consultant drafts blueprint for using MGM Springfield casino as catalyst for downtown 'renaissance'

      Chicago consultant drafts blueprint for using MGM Springfield casino as catalyst for downtown 'renaissance'

      A consultant that has provided guidance to city officials on all facets of the MGM Springfield casino project is now offering a blueprint on how the city should capitalize on that nearly $1 billion private investment to create a downtown "renaissance." Representatives of Chicago Consultants Studio Inc., discussed the report, titled "An Economic Development Strategy -- The Renaissance of a Great American Downtown," with city councilors, city planners and MGM Springfield officials this week.

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    19. MGM Springfield will hire 3,000 employees to work at casino featuring 'luxury' 8-screen...

      MGM Springfield will hire 3,000 employees to work at casino featuring 'luxury' 8-screen...

      Alex Dixon, the general manager of MGM Springfield, says it's easy to teach a new casino employee how to deal cards. What they can't teach is a smile. "One thing that never fades is a smile," Dixon said to a crowd of 300 people at the Commonwealth Workforce Coalition conference in Worcester on Thursday. "And that's the first thing that we look for when people walk through our doors looking to get hired." MGM Springfield, a $960 million project that will be the largest private development project in the history of Western Massachusetts, is bringing 3,000 ...

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    20. Springfield Elm Street block restoration plan climbs in cost; developer pursues more funds, tax credits

      Springfield Elm Street block restoration plan climbs in cost; developer pursues more funds, tax credits

      A developer said this week that a plan to redevelop a long-vacant historic block on Elm Street at Court Square has risen in cost to an estimated $50 million to $55 million. That makes the next 60-90 days critical developers try to secure additional funds to make the project a reality. Peter A. Picknelly, who is part of the development team seeking to restore the building at 13-31 Elm St. as market-rate housing, said there are challenges to fully funding the project, but also a unified effort by the developers, government officials and MGM Springfield.

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    21. $250,000 sale of Lynch School in Holyoke approved for retail use

      $250,000 sale of Lynch School in Holyoke approved for retail use

      The Colvest Group of Springfield will buy the former Lynch School at 1575 Northampton St. for $250,000, raze the building and build a retail site with a bank and other tenants after City Council approval at City Hall Tuesday. The Council voted 12-0 to approve the sale. To build the retail site, Colvest will need to apply to the City Council for a change in the designation of the former middle school property to a highway business zone from the current residential single family zone.

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    22. Way Finders Relocation Creates More Momentum in Both Ends of the City

      Way Finders Relocation Creates More Momentum in Both Ends of the City

      The nonprofit group Way Finders, formerly known as HAPHousing, has released renderings of the new 35,000-square-foot home it intends to build on the site of the soon-to-be abandoned Peter Pan Bus station. The move to the North End will bring benefits for the agency and its many types of clients, but it will also generate momentum — and economic development — at two locations, a trickle-down effect not always seen with relocations of this type.

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    23. The Republican, MassLive win big in New England Better Newspaper Competition

      The Republican, MassLive win big in New England Better Newspaper Competition

      The Republican brought home seven first-place prizes and several other commendations earlier this year in the New England Better Newspaper Competition. Recently retired photographer Dave Roback won two first-place prizes, in the feature photo and portrait categories, for images a child cooling off at Hampton Ponds in Westfield and two veterans at a Memorial Day ceremony in East Longmeadow. Photographer Don Treeger won for general news photo with an image of Hampden County Sheriff Nick Cocchi celebrating his election victory.

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    24. 12 years in the making, Holiday Inn Express opens at Epiphany Tower in downtown Springfield

      12 years in the making, Holiday Inn Express opens at Epiphany Tower in downtown Springfield

      The long wait is over as a new Holiday Inn Express opened this week at the former Epiphany Tower on lower State Street as MGM Springfield was announcing an early opening date a block away. "This has been a pleasure that we are open finally on April 24, which was a very exciting day for us because it has been long-awaited for us as it was for the city of Springfield," said Sarabjit Kandhari, general manager of the downtown hotel. The public reception to the opening of the 98-room hotel has been positive, with a few weekends in May already ...

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  3. Organizations in the News

    1. (2 articles) MassDevelopment
    2. (1 articles) Springfield Performing Arts Development Corp.
    3. (1 articles) Springfield College
    4. (1 articles) Mount Holyoke College
    5. (1 articles) Smith College
    6. (1 articles) Colvest Group
    7. (1 articles) Greater Holyoke Chamber of Commerce
    8. (1 articles) Springfield Symphony Orchestra
    9. (1 articles) Massachusetts Life Sciences Center
    10. (1 articles) Greater Westfield Chamber of Commerce
  4. Government Officials in the News

    1. (3 articles) Kevin Kennedy
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  5. Western Mass Cities in the News

    1. (14 articles) Springfield
    2. (5 articles) Holyoke
    3. (4 articles) Chicopee
    4. (4 articles) Westfield
    5. (3 articles) Northampton
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    7. (1 articles) Palmer
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  6. Companies in the News

    1. (4 articles) MGM
    2. (3 articles) The Republican
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    4. (2 articles) Westfield Bank
    5. (2 articles) Peter Pan Bus Lines
    6. (1 articles) Mohegan Sun
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    11. (1 articles) Balise Motor Sales
    12. (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) Kevin B. Vann