1. Articles in category: Business Development

    385-393 of 393 « 1 2 ... 14 15 16 17
    1. Silverbrick Lofts, renovated downtown Springfield apartment complex, nears full occupancy

      Silverbrick Lofts, renovated downtown Springfield apartment complex, nears full occupancy

      More than 250 of the 280 apartments at Silverbrick Lofts in downtown Springfield have been renovated, and once completed they do not go unoccupied for long. "We are showing them every day," said Karen Piemonte, assistant property manager at Silverbrick. "The renovated units are in great demand." The New York City-based Silverbrick Group bought the complex of four downtown buildings once known as Morgan Square Apartments in 2014 for $9 million from The Lone Star Fund of Dallas. Silverbrick then started a $6 million renovation. The company started with the apartments that were vacant and continued through the buildings as ...

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    2. MGM Springfield's vendor fair draws over 200 companies looking to land a contract

      MGM Springfield's vendor fair draws over 200 companies looking to land a contract

      MGM Resorts International drew more than 200 potential vendors -- companies eager to provide everything from industrial warehousing to artisan furniture -- to a vendor fair Wednesday at the MassMutual Center downtown. At stake is tens of millions of dollars worth of contracts to outfit and equip the $950 million MGM Springfield resort and casino now under construction on a 14.5-acre site downtown, said Seth Stratton, vice president and general counsel for MGM Springfield. Wednesday's fair focused only on the things MGM will need in the lead up to the casino's opening. That opening is expected in the fall ...

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    3. Springfield City Council approves $4.5 million apartment renovation project in Old Hill

      Springfield City Council approves $4.5 million apartment renovation project in Old Hill

      The City Council approved a special permit Monday night for a $4.5 million renovation project that will allow a developer to reopen a vacant 26-unit apartment block at the corner of State and Oak streets in the Old Hill neighborhood. The renovations will target a building at 573 State St., and the owner is also planning to invest another $2 million in renovations to an adjacent, occupied 16-unit apartment building at 7 Lillian St. The council permit approval was just needed for the State Street building due to its vacancy. The vote was 10 to 1 in favor of ...

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      Mentions: Springfield
    4. Dwight Road project developer meets with Selectmen

      At its Feb. 6 meeting the Select Board discussed the project in relation to the creation of a District Improvement Financing (DIF), which would grant tax revenue from for profit companies at the development for a 20-year period for the sole purpose remodeling traffic intersections along Dwight Road.  A DIF designation for the area would need Town Meeting approval. Developers met with the board to propose placing an article on the Town Meeting warrant.  Michael Crowley, principal with Middle Franklin Development Group, originally pitched the idea during a joint East Longmeadow and Longmeadow Planning Board meeting in June 2016. The ...

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      Mentions: Baystate Health
    5. Chicopee expects $60M in investment with 2 hotels, US Tsubaki expansion, Mercedes-Benz dealership

      Chicopee expects $60M in investment with 2 hotels, US Tsubaki expansion, Mercedes-Benz dealership

      In the past year building permits were taken out for more than $31 million in projects in the city, leaving Mayor Richard J. Kos and city councilors celebrating groundbreaking and ribbon cuttings one after the other. It was announced that the closed Plantation Inn would be razed and replaced with a Mercedes Benz dealership off Burnett Road. And U.S. Tsubaki announced it would build a 100,000-square-foot addition to its plant on Lonczak Street. Although very different developments, both projects call for an investment of about $11.5 million and each will create a minimum of 35 jobs.

       

       

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    6. Energy costs factor into business development, expansion decisions

      Energy costs factor into business development, expansion decisions

      When the Massachusetts Green High Performance Computing Center was seeking a location, it chose Holyoke for two reasons: the city's low electricity prices and its access to interstate highways and a fiber optic communications network. "We think about the cost of electricity every day," says the computing center's executive director, John Goodhue. For many businesses, whether they rely on powerful computers or manufacturing equipment, the price of electricity is a major part of the cost of doing business.

       

       

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    7. OneHolyoke serves entire city with community development mission

      OneHolyoke serves entire city with community development mission

      Olde Holyoke Development Corp. has a new name: OneHolyoke Community Development Corp. What has not changed is its work with real estate development, property management and financial assistance for Holyoke residents. And, by this spring its "Learning in Place Initiative" is to be launched in earnest, connecting residents, agencies and best practices to help more Holyoke children read proficiently by the end of third-grade. The new name better reflects the organization's service to the most challenged neighborhoods in Holyoke - not just the Flats, the oldest densely-populated section of the city - and its commitment to best practices in the field ...

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      Mentions: Springfield Holyoke
    8. Welcome to West Mass: Experts hope new brand name for region catches on more than Pioneer Valley did

      Welcome to West Mass: Experts hope new brand name for region catches on more than Pioneer Valley did

      Decades ago, those attempting to lure tourists and industry to communities in western Massachusetts hit upon the descriptor Pioneer Valley, a way to honor and recognize those who had settled the region centuries earlier. Pioneer Valley made a lot of sense as a way to market the Connecticut River Valley to the Boston area, said Amherst Area Chamber of Commerce President Tim O’Brien, during an era before many highways and interstates were built and putting the state capital three or more hours away.

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    9. West Mass is new brand identity for Pioneer Valley tourism, business

      West Mass is new brand identity for Pioneer Valley tourism, business

      The Greater Springfield Convention & Visitors Bureau and the Economic Development Council of Western Massachusetts unveiled their new branding identity -- West Mass -- Tuesday night at an event at Open Square in Holyoke. The EDC and the Greater Springfield Convention & Visitors Bureau spent $80,000 on the effort, money collected from member businesses. The visitors bureau receives state grant money as well. "We have jobs that go unfilled. We have a lower cost of living than some of our competitors. We who live here know that this region has a lot going for it," said Richard K. Sullivan, president and CEO of ...

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