1. Articles in category: Business Development

    49-72 of 389 « 1 2 3 4 5 6 ... 15 16 17 »
    1. Palmer Seeks to Boost Its Destination Status

      Palmer Seeks to Boost Its Destination Status

      Palmer’s leaders see the town as a destination — and hope the myriad players investigating east-west passenger rail service in Massachusetts view it the same way. That’s why the Palmer Town Council recently established a citizens’ advisory committee and contracted with the UMass Center for Economic Development to study — and prepare a report on — the merits of an east-west passenger rail stop in Palmer, to be submitted to the state advisory committee currently looking into the feasibility of expanded east-west passenger service. Those efforts included a recent meeting with community members to brainstorm about the pros and cons of ...

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    2. Former Springfield church demolished to make way for medical offices

      Former Springfield church demolished to make way for medical offices

      Developer Fran Cataldo has demolished the former Gardner Memorial AME Zion Church at 90 Carew St. just less than a year after acquiring the property from DevelopSpringfield. Cataldo plans to build a 13,000-square-foot medical office building at the site, he said. Construction on the $3 million project will begin in mid May. “I think its exciting for the neighborhood,” Cataldo said.

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    3. For Balise, Springfield’s South End is where it all started and where the future lies (map)

      For Balise, Springfield’s South End is where it all started and where the future lies (map)

      Balise Auto Group’s announcement Tuesday that it will build a $6 million Mazda dealership is the next step in a series of investments it has made or plans to make in the South End. The company has bought $4.7 million worth of property in the neighborhood since April 2016. Balise now owns most of three city blocks, located south of MGM Springfield.

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    4. Chestnut Tower renamed Skyview Downtown as owners prepare to renovate troubled Springfield apartment complex

      Chestnut Tower renamed Skyview Downtown as owners prepare to renovate troubled Springfield apartment complex

      Goodbye Chestnut Tower, hello Skyview Downtown. Related Companies, owners of Springfield’s beleaguered 489-unit Chestnut Tower high rise apartment complex, have changed its name to Skyview Downtown just before construction begins on $50 million worth of top-to-bottom renovations. The name started appearing last month in ads soliciting tenants for 1-, 2-, or 3-bedroom affordable housing apartments at 43-year-old complex near Springfield’s downtown. Prospective tenants will enter a lottery for apartments as they become available and must earn between $33,900 and $79,650 a year, according to the ad.

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    5. New CVS, Cumberland Farms seen as key to Springfield development

      New CVS, Cumberland Farms seen as key to Springfield development

      CVS or Cumberland Farms may not sound like exciting additions to Springfield’s retail mix. But they are necessary, if unglamorous, additions if Springfield wants people to work, play, shop and live in the downtown, said developer Charles Irving of Boston-based Davenport Companies. This firm has a deal with CVS to build a $2 million store in its Davenport Square property across Main Street from the $960 million MGM Springfield casino.

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    6. The Republican introduces POP Network news and advertising video screens - masslive.com

      The Republican introduces POP Network news and advertising video screens - masslive.com

      Shoppers and travelers in Greater Springfield are noticing the POP Network, The Republican’s latest news and advertising product.  The POP Network — the acronym stands for “point of purchase” — is 33 video screens in 24 locations including retailers and Springfield Union Station. They play a silent, 7-minute loop of news content and advertisements, with each news video or advertisement lasting 15 seconds.

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    7. Eric Lesser Wants to Close the Distance Between East and West - BusinessWest

      Eric Lesser Wants to Close the Distance Between East and West - BusinessWest

      Since first elected to office five years ago, state Sen. Eric Lesser has made economic development and, more specifically, closing the wide gap in prosperity between the eastern and western areas of the state his top priority. While he’s most closely linked to high-speed rail, he’s put his name — and energy — behind a number of initiatives to bring more jobs and more vibrancy to the 413.

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    8. Deerfield Balances Old, New Ways of Thinking - BusinessWest

      Deerfield Balances Old, New Ways of Thinking - BusinessWest

      Deerfield boasts numerous draws for businesses looking to relocate, Diana Schindler says, from its reasonable property-tax rate to its proximity to Interstate 91, Route 116, and Routes 5 and 10.  But there’s also been some pushback against some of those businesses, which reared its head when residents recently spoke out against a proposed Dollar General store in town. The Planning Board listened and turned down the project, said Schindler, Deerfield’s interim town administrator.


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    9. Developer plans 130-room hotel, rock-climbing and skydiving center at former Springfield jail

      Developer plans 130-room hotel, rock-climbing and skydiving center at former Springfield jail

      Pioneer Valley Hotel Group had been eyeing the former York Street Jail site in the city’s waterfront for years, President Shardool Parmar said Tuesday, but the three-acre site was being used as a staging area for nearby construction projects. Now that the supplies and equipment are gone, Parmar’s company is in negotiations with the Springfield Redevelopment Authority, owner of the site, to build a 130-room hotel there.

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    10. $400M in new Springfield development outlined, including downtown hotel and retail projects

      $400M in new Springfield development outlined, including downtown hotel and retail projects

      The city is home to more than $4 billion worth of construction projects either completed or in planning — both public and private — since the June 2011 tornado. That number, revealed Tuesday afternoon by Chief Development Officer Kevin Kennedy at his annual economic development presentation, includes $400.4 million in new projects announced since March 2018. The development update catches the city as it pivots from mega developments that are now completed such as the $95 million CRRC MA rail car factory; $960 million MGM Springfield casino; and the $183.3 million rehab of Interstate 91 to smaller projects, including a ...

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    11. The State of Rail Freight Transport in Western Mass

      The State of Rail Freight Transport in Western Mass

      When the Pinsley Rail Company purchased the railroad formerly operated by Conrail in 1982 and turned it into what is now known as the Pioneer Valley Railroad, it ushered in a new era for the short line rail industry in Western Massachusetts. Since that time, Pinsley’s client list, warehouses, and distribution services have continues to grow along with rail service. Connecting Point’s Brian Sullivan chased trains around several 413 towns to get a look at the state of rail freight transport in Western Mass.

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    12. Ludlow offers mill redevelopment lessons to Easthampton, Montague

      Ludlow offers mill redevelopment lessons to Easthampton, Montague

      Massachusetts is home to a wealth of majestic mills constructed in the 19th century. But today many of the structures sit empty and unused, even though they still possess structural integrity. "They built these to last," said Westmass Area Development Corp. President and CEO Eric A. Nelson during a tour of the sprawling Ludlow Mills complex Friday. "However, the roofs can be a challenge," he quipped.

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    13. Springfield City Council delays vote on wood waste recycling center at former Diamond Match site after neighbors voice concerns

      Springfield City Council delays vote on wood waste recycling center at former Diamond Match site after neighbors voice concerns

      The City Council has postponed a vote regarding a tree service company’s request to operate a wood waste recycling center at the former Diamond Match property after East Forest Park residents raised concerns about odors and traffic. Arbortech Tree Service, of 23 Paridon St., was requesting the special permit for the recycling center in conjunction with a long-active tree service operation that already exists. The company has mulch and compost operations and provides tree pruning and trimming, tree removal, stump grinding, crane services, lot clearing and emergency tree service, according to company officials and its website.

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      Mentions: Springfield
    14. City, Chamber to Host ‘New Wave’ Economic Development Event

      The city of Springfield and the Springfield Regional Chamber will co-host “The New Wave,” on March 19, at 4 p.m. at the Naismith Memorial Basketball Hall of Fame. The event will feature an overview of the new wave of economic development, including updates on projects in progress, and an introduction to upcoming initiatives in Springfield. A reception with light fare and a cash bar at 5 p.m., following the presentation. The presentation will be led by the city’s chief development officer, Kevin Kennedy.

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    15. Economic Development Council chief says education drives strong Western Massachusetts economy (Outlook 2019 Viewpoint)

      Economic Development Council chief says education drives strong Western Massachusetts economy (Outlook 2019 Viewpoint)

      Western Massachusetts is fortunate to be home to some of the best colleges and universities, strong public and private secondary schools and technical programs in the country. Therefore, as a region, we are in position to meet the current and future needs of the business community. The major asset of the Western Massachusetts region is the presence of so many world-class colleges and universities. These institutions are educating and training the very talent that private business is seeking.

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    16. River Valley Market, seeking permit for new store, to appear before Easthampton Planning...

      River Valley Market, seeking permit for new store, to appear before Easthampton Planning...

      River Valley Market will appear before the Easthampton Planning Board on Feb. 19 for a continued public hearing on its plans for a 22,000 square-foot supermarket building at 220, 228 and 232 Northampton St. The Route 10 site, approximately 10 acres, contains the former Fedor auto dealership building, which would be torn down. It also contains Captain Jack's Roadside Shack. The popular seafood stand is proposed to remain and be incorporated into the new site design, according River Valley Market's special permit application.

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    17. Ludlow Mills, WinnDevelopment appreciate state redevelopment money -- but want it faster

      Ludlow Mills, WinnDevelopment appreciate state redevelopment money -- but want it faster

      WinnDevelopment and Westmass Area Development Corp. have plans to turn Mill 10, the prominent clock tower building at the front of the property, into market-rate apartments for families and couples along with lower-floor office space at a cost of about $40 million. The project at Mill 10 was first announced in 2016. But, Curtis said the funding is still not in place. He expects to start construction in a year or so.

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    18. New Ownership Group Exudes Confidence on the Future of Tower Square

      New Ownership Group Exudes Confidence on the Future of Tower Square

      Both the office/retail complex known as Tower Square and the hotel that sits on the property would be considered somewhat risky investments, given their recent history. But the investment group Springfield Hospitality believes otherwise — in both cases. The new ownership group has announced an ambitious plan to get the Marriott flag back on the hotel, and it is confident about gaining a wide range of new tenants on the retail side of the equation.

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    19. Holyoke Planning Board reviews plans for further commercial development on Pleasant Street...

      Holyoke Planning Board reviews plans for further commercial development on Pleasant Street...

      Salmar Realty LLC is developing the 473-495 Pleasant St. site. A Dunkin' Donuts will soon open there. Schematics for phase two of the project include a 3,000-square-foot retail building. Christopher Karney, of R. Levesque Associates, provided the board updates generated from a previous hearing. He noted designers added a pedestrian crossway and parking spaces to the plan.

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      Mentions: Holyoke Easthampton
    20. Springfield City Council grants tax incentives totaling $4.6M for major Big Y expansion

      Springfield City Council grants tax incentives totaling $4.6M for major Big Y expansion

      The City Council on Monday unanimously approved tax incentives for Big Y Foods, which officials estimate will save the company nearly $4.6 million over eight years, in exchange for a major expansion at its distribution center in East Springfield.Big Y is investing an estimated $46 million in the 232,000-square-foot expansion project at 2146 Roosevelt Ave. including construction, renovations, personal property and equipment, officials said. The project also involves creating additional parking and access from properties owned by Big Y at 60 and 90 Memorial Drive.

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    21. $9.2 million tax-exempt bond boosts Springfield YMCA housing renovation project

      $9.2 million tax-exempt bond boosts Springfield YMCA housing renovation project

      A local development group has launched a $15 million housing renovation project at the YMCA building on Chestnut Street, aided by a newly announced $9.2 million tax exempt bond issued by MassDevelopment. MassDevelopment is the state’s finance and development agency that works with businesses, nonprofits, financial institutions and communities to stimulate economic growth statewide.

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    22. Amherst Boasts Some Positive Transitions

      Amherst Boasts Some Positive Transitions

      Amherst is a community in transition, Paul Bockelman says — in some positive ways. The most notable change, obviously, was the seating of Amherst’s first Town Council last month; 13 members were elected following a change in the town charter last March that included a move away from the town-meeting form of government. “Some people who advocated for the charter change felt the representative town meeting wasn’t fully representative of the town and wasn’t nimble enough to address the issues that were facing the town on a daily basis,” said Bockelman, Amherst’s town manager. Other people, he ...

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