1. Articles in category: Business Development

    97-120 of 281 « 1 2 3 4 5 6 7 8 ... 10 11 12 »
    1. DevelopSpringfield hopeful that financing to restart work on downtown Innovation Center on...

      DevelopSpringfield hopeful that financing to restart work on downtown Innovation Center on...

      DevelopSpringfield's dormant Innovation Center project at 270-284 Bridge St. could restart construction in the next few months once DevelopSpringfield gets an expected loan from MassDevelopment, the state's economic development and finance agency. Little work has been done at the site for about a year. Once the loan is approved, work could restart at 270-284 Bridge Street in as little as 30 days, said Nicholas Fyntrilakis, chairman of the DevelopSpringfield board of directors on Wednesday. MassDevelopment said Wednesday through a spokeswoman only that it has not yet closed on a deal for the Innovation Center.

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    2. Springfield launches $1.07 million Stearns Square project after delayed start, lower bid (photos)

      Springfield launches $1.07 million Stearns Square project after delayed start, lower bid (photos)

      A West Springfield construction company has begun a $1 million renovation project at Stearns Square and Duryea Way that includes a refurbished historic fountain and improved pedestrian ways. JL Construction Corp. was awarded the project after submitting the low bid of $1,068,000 in February, said Peter Garvey, the city's director of capital asset construction. JL Construction was the low bidder of nine bids submitted. Prior bids submitted in November were deemed too expensive, triggering the city to rebid the project and delay the work, Garvey said.

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    3. Boston developer offers $300,000 for Springfield land as part of downtown apartments project at Willys-Overland building

      Boston developer offers $300,000 for Springfield land as part of downtown apartments project at Willys-Overland building

      A Boston company has offered to pay the city $300,000 for seven tax-title downtown lots on Worthington and Winter streets as part of a $13.8 million project for market rate apartments and retail space at the adjacent Willys-Overland building. The offer made by Davenport Advisors LLC, of Boston, was the sole bid submitted for the city lots by Monday's deadline. The bid has been referred to a city review committee that will submit its recommendation to Mayor Domenic J. Sarno to accept or reject the offer, officials said.

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    4. MassINC: Building near commuter rail could transform cities

      MassINC: Building near commuter rail could transform cities

      Vacant land surrounding commuter rail stops in Gateway Cities has the potential to house approximately 140,000 people and create a similar number of new jobs. But improvements to commuter rail service is required to encourage development in these areas, according to a study being released Tuesday by the MassINC think tank. At the same time, the study finds, investment in real estate could spur more ridership. "In order to get the most from the billions of dollars we commit to operating commuter rail along these right-of-ways, it's critical to think about what mix of policies could spur reinvestment ...

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      Mentions: Springfield
    5. Mayor Reichelt's idea to lure breweries, businesses 'offering a fun social experience" gaining steam in West Springfield

      Mayor Reichelt's idea to lure breweries, businesses 'offering a fun social experience" gaining steam in West Springfield

      Mayor Will Reichelt's push to tweak the town's zoning regulations to make West Springfield a more "fun social experience" for residents and out-of-towners alike has earned support from the Planning Board and a committee that is reviewing the zoning regulations. On April 18, the Planning Board unanimously voted to issue a favorable report on the mayor's proposal to amend the Zoning Ordinance to add recreational uses, breweries, distilleries and wineries to the town's industrial zoning district.

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    6. 'Opportunity Zones' designation could spur Westfield Urban Renewal

      'Opportunity Zones' designation could spur Westfield Urban Renewal

      The city's downtown corridor was designated an Opportunity Zone this week by Gov. Charlie Baker. Mayor Brian P. Sullivan said this will help attract investors to Westfield. "The Opportunity Zone designation has potential to be very beneficial to the revitalization of the city's downtown," said Sullivan. "It is another tool in the toolbox for developers and people looking to invest in our community. We are very thankful that Governor Baker and (Housing and Economic Development Secretary Jay) Ash share our vision for Westfield." Westfield Advancement Officer Joe Mitchell was thrilled Baker recognized the city.

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    7. Gov. Charlie Baker looks to spur investments in Springfield, other 'Opportunity Zone'...

      Gov. Charlie Baker looks to spur investments in Springfield, other 'Opportunity Zone'...

      Massachusetts Gov. Charlie Baker has recommended that Springfield and several other communities across the state be deemed "opportunity zones" -- a designation created under the GOP tax law to open municipalities to private, tax-free investments.  Baker, in paperwork submitted to the U.S. Treasury Department on Thursday, suggested that a total of 138 communities -- the maximum amount allowed for Massachusetts -- be considered for the "Opportunity Zone" program, according to officials.

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    8. Mayor Reichelt: West Springfield zoning changes could make city 'more exciting' for developers, beer-brewing companies

      Mayor Reichelt: West Springfield zoning changes could make city 'more exciting' for developers, beer-brewing companies

      With news that West Springfield is working to bring Two Weeks Notice Brewing Co. to the city, the mayor has proposed changing zoning regulations to include recreational facilities, breweries, distilleries and wineries in the city's industrial zones. "We're in talks with a couple (of breweries) now, namely Two Weeks Notice, to relocate in town," said Mayor William C. Reichelt, who is petitioning the Town Council to approve changes to make the city's industrial sites "more exciting to developers."

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    9. Westfield's special permitting process could be revamped

      Westfield's special permitting process could be revamped

      The Westfield City Council's ad hoc Business Development Committee has been revived under Chairman Michael Burns (Ward 4) and plans to revamp the special permit process. City Advancement Officer Joe Mitchell is working with the committee and said most communities' special permits go through the planning board. He said that makes sense because the planning board works with businesses every step of the process. But over the years, some Westfield councilors requested that special permits go before the council. "Different councilors felt it was their purview to issue special permits," said Mitchell.

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    10. Deerfield Strives to Be More Than a Tourist Town

      Deerfield Strives to Be More Than a Tourist Town

      Wendy Foxmyn acknowleged that, when pressed to describe Deerfield with a word or two, most responders would say ‘tourist town,’ or something to that effect. And, sounding somewhat like the Seinfeld characters in that infamous episode, she said there’s nothing particularly wrong with that. But she quickly, and repeatedly, stressed that this community that is home to Yankee Candle’s flagship store — one of the most visited attractions in New England — as well as Mount Sugarloaf, Historic Deerfield, and the Magic Wings Butterfly Conservancy and Garden wants to diversify and broaden its commercial portfolio.

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    11. New Tower Square owners want more retail for downtown Springfield; seek brand outlets like Gap, Old Navy

      New Tower Square owners want more retail for downtown Springfield; seek brand outlets like Gap, Old Navy

      The new owners of Tower Square want to talk with outlet retailers about bringing brands like Gap and Old Navy to the mall portion of the downtown property they just bought. "MGM is filled with retail already. I think they are going to bring people and drive interest," said Dinesh Patel of East Longmeadow moments before announcing the purchase at a news conference. "I want to thank MGM for their investment. They made it the right time to buy."

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    12. Inaugural 'Markets at Eastfield' vendor fair in Springfield mall deemed a success

      Inaugural 'Markets at Eastfield' vendor fair in Springfield mall deemed a success

      The Markets at Eastfield, a vendor fair in the old Macy's at Eastfield Mall, drew thousands of visitors last weekend for its grand opening, according to the promoter who is organizing it as an ongoing event. Bill Bullock, owner of Bulldog Enterprises, said he expects even more people this weekend when he combines the market with one of his company's regular sports card and collectibles shows. The sports card show features former New York Mets pitching ace Dwight Gooden Saturday from 1:30-3 p.m., wrestler X-Pac Saturday from 4-6 p.m. and Rob Ninkovich, a retired Patriots ...

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    13. 'The story of all of Springfield': Council OKs $100,000 toward city's $1 million image promotion campaign

      'The story of all of Springfield': Council OKs $100,000 toward city's $1 million image promotion campaign

      Councilors said that a key to their support for the campaign is the explanation that it will tell the story of the entire city of Springfield including the neighborhoods, rather than be a downtown promotion. "It's to tell the good story of all the things happening in the great city of Springfield," said Richard K. Sullivan, the president and CEO of the Economic Development Council of Western Massachusetts, which is overseeing the campaign. "It's not just a downtown campaign. This will not be a casino campaign."

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    14. New State Voucher Program Promotes Industry Use of UMass System Research Facilities to Stimulate Economic Development, Innovation

      New State Voucher Program Promotes Industry Use of UMass System Research Facilities to Stimulate Economic Development, Innovation

      Advanced research laboratories and equipment across the five-campus University of Massachusetts system are being made available to start-up businesses and local companies through a new, state-funded subsidy program aimed at promoting economic growth and innovation. Created with a $2 million state investment championed by House Speaker Robert DeLeo, the Innovation Voucher Program began accepting industry applications in late March. The program is administered by MassDevelopment, the state’s economic development and finance authority.

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    15. Tower Square hotel in hands of new owners; local group plans renovations and rebranding

      Tower Square hotel in hands of new owners; local group plans renovations and rebranding

      Businessman Dinesh Patel of East Longmeadow and his partners closed Thursday on their $10.5 million purchase of the Tower Square Hotel, formerly the Marriott, in the heart of downtown. The partners plan to buy the rest of Tower Square -- including the parking garage -- within a few weeks, for a sum they do not yet wish to disclose. The parking garage is considered part of the mall and office tower property. The hotel's sale price became public when papers were filed at the Hampden County Registry of Deeds.

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    16. 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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    17. 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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    18. 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
    19. 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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    20. '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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    21. 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
    22. '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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    23. 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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    24. 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
    97-120 of 281 « 1 2 3 4 5 6 7 8 ... 10 11 12 »
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      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. (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
    2. (2 articles) Domenic J. Sarno
  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
    6. (2 articles) West Springfield
    7. (1 articles) Palmer
    8. (1 articles) Easthampton
  6. Companies in the News

    1. (4 articles) MGM
    2. (3 articles) The Republican
    3. (2 articles) Eastfield Mall
    4. (2 articles) Westfield Bank
    5. (2 articles) Peter Pan Bus Lines
    6. (1 articles) Mohegan Sun
    7. (1 articles) Student Prince
    8. (1 articles) Friendly's Ice Cream Corporation
    9. (1 articles) Baystate Health
    10. (1 articles) MassMutual Center
    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