1. Articles in category: Business Development

    1-24 of 147 1 2 3 4 5 6 7 »
    1. 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.

      Read Full Article
      Mentions: Chicopee
    2. Agawam considering tax breaks for targeted redevelopment zone near Big E | masslive.com

      Agawam considering tax breaks for targeted redevelopment zone near Big E | masslive.com

      The city is working on creating a District Improvement Financing zone, or DIF, around the former Games & Lanes property, a longtime eyesore and bulwark to revitalizing the Walnut Street Extension business district.  The formerly toxic Games & Lanes site has undergone extensive environmental remediation and the dilapidated building that long dominated the lot has been demolished, prompting city officials to declare the area primed for redevelopment.  DIFs channel dollars into targeted districts by offering tax breaks and other incentives for redevelopment.

      Read Full Article
    3. Development of vacant Chicopee industrial parks could get a boost with state grants

      Development of vacant Chicopee industrial parks could get a boost with state grants

      The Chicopee River Business Park always seemed to be the perfect spot for new industry since it is situated just off the Massachusetts Turnpike and Interstate-291 and has a number of "shovel ready" parcels complete with roads and water and sewer connections. But for nearly three decades and through good and bad economic times few businesses have ever shown interest in moving there. Now it seems the fortunes of the industrial park may finally be turning around.

      Read Full Article
    4. Baker-Polito Administration Supports Nine Community-Driven Initiatives

      Baker-Polito Administration Supports Nine Community-Driven Initiatives

      Urban Agenda Grant Program builds on community-driven initiatives to create new economic opportunities for residents

      BOSTON, MA - February 12, 2018 - Today, the Baker-Polito Administration awarded $500,000 to nine projects through the Urban Agenda Grant Program. The program seeks to unlock community-driven responses to local obstacles, and promote economic development opportunities through partnership-building, problem solving, and shared accountability in urban centers. The competitive awards offer flexible funding for local efforts that bring together community stakeholders to pursue economic development initiatives. These awards will fund projects in Boston, Clinton, Framingham, Greenfield, Holyoke, Lowell, New Bedford, Revere and Springfield. Funding will support ...

      Read Full Article
    5. 2 mostly-vacant Chicopee industrial parks receive state grants for development, marketing

      2 mostly-vacant Chicopee industrial parks receive state grants for development, marketing

      State Rep. Joseph F. Wagner, D-Chicopee, chairman of the economic development committee, announced the awards of two Site Readiness Program grants. A total of $255,200 will go to Westover Metropolitan Development Corporation to develop the relatively new Air Park South and $70,000 will go to Westmass Area Development to help in master planning and marketing for Chicopee River Business Park. "The Site Readiness Program is designed to facilitate development at the local level by providing targeted resources for sites with great potential as these Chicopee projects," he said.

      Read Full Article
    6. Berkshire Innovation Center looks to bolster manufacturers, tech firms (photos, video)

      Berkshire Innovation Center looks to bolster manufacturers, tech firms (photos, video)

      With a reputation as a hub for arts and culture, Berkshire County also boasts a rich history of manufacturing and technology. That's something local business leaders and officials are looking to highlight and build upon with the creation of the long-awaited Berkshire Innovation Center. The project, which has faced delays due to funding shortfalls since it was proposed nearly a decade ago, is expected to break ground in Pittsfield this year. Stephen Boyd, BIC president and chairman since 2014, said he hopes to open the 20,000-square-foot facility at William Stanley Business Park, part of General Electric's former ...

      Read Full Article
    7. New Projects Energize Palmer’s Neighborhoods

      New Projects Energize Palmer’s Neighborhoods

      In a neighborhood struggling to regain some momentum, any new development matters — no matter how humble. Literally, in the case of Humble Pie, a restaurant with a façade as nondescript as its name and a farm-to-table ethos that has quickly won over locals since opening in December on Main Street in the Three Rivers section of Palmer. “They’ve been getting excellent reviews, and people are literally standing in line,” said Town Planner and Economic Development Director Linda Leduc. “That’s good because it’s another catalyst to get other business owners and developers to invest in Main Street ...

      Read Full Article
      Mentions: Palmer
    8. Chicopee downtown mill renovation project granted special permit

      Chicopee downtown mill renovation project granted special permit

      A Holyoke businessman who plans to convert a historic mill building that dates to the 1840s has been given the go-ahead to begin the project. The City Council voted 12-0 last week to grant a special permit to Mount Holyoke Development, owned by Herbert Berezin, which will allow him to convert the long-vacant 65,000 square-foot, five-street mill located off the corner of Front and Depot Streets into live-work apartments. The City Council also agreed to waive parking requirements and allow the project to go forth with 109 instead of the 179 spots needed under zoning regulations. It also agreed ...

      Read Full Article
      Mentions: Chicopee Holyoke
    9. Baker-Polito Administration Supports Nine Community-Driven Initiatives | Mass.gov

      Baker-Polito Administration Supports Nine Community-Driven Initiatives | Mass.gov

      Springfield, Economic Development Council of Western Mass - $75,000  For every 100 Springfield residents of working age, 42 are not working, yet employers do not have enough qualified candidates to support operations and growth. Springfield WORKS is a coalition of over 30 partners including employers, residents, educators, and community-based organizations (CBOs). Partners developed strategies to align resources and systems to connect job-seekers and employers in need of highly skilled candidates.. This grant will allow the council to leverage existing assets and expand coaching and mentoring programs to help low income Springfield residents achieve long term, economic success through meaningful work.

      Read Full Article
      Mentions: Springfield
    10. Seeing is believing: Springfield prepares for MGM casino, rail car factory opening in 2018

      Seeing is believing: Springfield prepares for MGM casino, rail car factory opening in 2018

      Seeing is believing. That is the message from Mayor Domenic J. Sarno and the city's development officer, Kevin Kennedy, as they describe the outlook for economic development in Springfield in 2018. One just needs to look around the city. Among dozens of projects citywide, construction plows ahead on the new $960 million MGM Springfield casino project set to open in September, the Union Station transportation center is open and growing and the CRRC USA Rail Corp. will be producing its first subway cars for the Massachusetts Bay Transportation Authority this year.

      Read Full Article
    11. Future is bright for Kringle Candle in Bernardston

      Future is bright for Kringle Candle in Bernardston

      Michael J. "Mick" Kittredge III, founder, president and CEO of Kringle Candle can look at hundreds of candles neatly lining the shelves in one of his retail store's display areas and pick out the one that has a slightly - ever-so slightly - wrinkled label. "It's all about the details," he says as he removes it from the display. It's that attention to detail that has helped Kittredge grow the business beyond his plans and expectations. What was supposed to be a small business with six or seven employees has taken off with nearly 150 employees now.

      .

      Read Full Article
    12. Small Business Development Center Network helps Western Mass. business grow: Viewpoint

      Small Business Development Center Network helps Western Mass. business grow: Viewpoint

      As the regional director of the Massachusetts Small Business Development Center Western Office, my dual role as a manager and adviser allows me to coach business owners, share lessons learned and my experience to help them avoid costly mistakes. Our specialty, though, is to help our clients secure capital to buy, start or grow a business. We do this by helping them build what we refer to as "loan packages" (business plans with two or three-year proforma) to be presented to a bank or an investor. However, we could not be highly effective at our job without the support network ...

      Read Full Article
    13. Chicopee to see $87 million in business investment in 2018

      Chicopee to see $87 million in business investment in 2018

      Two new hotels, a downtown mill conversion, construction of an assisted-living facility and a variety of other smaller projects will total more than $87 million in business investment in the city this year. "Last year's announcements have become this year's ribbon cuttings," Mayor Richard J. Kos says. The major project on tap for 2018 is a $45 million plan to build an about 98-room hotel, sit-down restaurant, fast food restaurant, coffee shop and gas station with a convenience store on eight acres of land off Burnett Road near the entrance to the Massachusetts Turnpike and Interstate 291. The ...

      Read Full Article
    14. Westfield keeps economic development focus on Urban Renewal project and industrial park

      Westfield keeps economic development focus on Urban Renewal project and industrial park

      The city of Westfield has taken a precise, multi-year approach when it comes to economic development, focusing on two main areas, urban renewal downtown and a possible industrial park on the city's North Side. Both areas have had projects slowly cooking on the back-burner for many years and are this year's priority for Mayor Brian P. Sullivan and his team. "We are making visible progress," says Joseph Mitchell, advance officer for the city. The industrial park land, located on 66 acres between Turnpike Industrial and Cabot roads, was purchased by the city to expand the landfill in the ...

      Read Full Article
    15. MassMutual decision adds to Springfield's 'momentum,' Western Massachusetts development official says

      MassMutual decision adds to Springfield's 'momentum,' Western Massachusetts development official says

      CRRC is about to open its rail car factory in East Springfield, MGM Springfield is seven months from opening its resort casino in the South End and now homegrown MassMutual will add jobs at its headquarters on State Street. "That is a lot of momentum, and it gets noticed," said Richard K. Sullivan Jr., president and CEO of the Economic Development Council of Western Massachusetts. MassMutual plans to grow its workforce at its corporate headquarters on State Street by approximately 50 percent. The insurer will add 1,500 jobs there over the next four years, bringing the total number of ...

      Read Full Article
    16. Mixed-use Projects Highlight Growth in Amherst

      Mixed-use Projects Highlight Growth in Amherst

      Anyone who has spent time in Amherst recognizes the town’s enviable mix of cultural institutions, restaurants, academic energy — more than 33,000 students attend UMass Amherst, Hampshire College, and Amherst College — and open space. But town officials know they need to do more than tout those offerings; they need to leverage them to create the kind of community where college graduates will want to stay, and where families and businesses will want to locate. A number of recent developments aim to meet that need. For example, Archipelago Investments, LLC of Amherst is building One East Pleasant, a mixed-use project ...

      Read Full Article
    17. DevelopSpringfield 'very close' to restarting Innovation Center project

      DevelopSpringfield 'very close' to restarting Innovation Center project

      DevelopSpringfield says it will soon be able to say when renovations will restart at the long-awaited Springfield Innovation Center at 270 and 276 Bridge St. downtown. "We have made a great deal of progress with regard to getting the project moving again," wrote Nicholas Fyntrilakis, chairman of the DevelopSpringfield board of directors. Work on the $5.5 million, 24,000-square-foot Innovation Center stopped in April after the general contractor said it was owed money. NL Construction of Ludlow filed papers with the Hampden Registry of Deeds showing it was owed $254,000.

      Read Full Article
    18. Craft beer bar coming to downtown Springfield's Worthington Street in former Naismith's space

      Craft beer bar coming to downtown Springfield's Worthington Street in former Naismith's space

      A new craft beer and pretzel bar is opening in downtown Springfield. The Springfield Business Improvement District (BID) has confirmed with MassLive that a new business, The Pub and Pretzel, is coming to the former Naismith's space, located at 211-213 Worthington St. this spring.  According to city records for the property, the space was purchased in late 2016 by Edale Realty LLC, of West Suffield, Conn.  "The owners purchased the building with a concept in mind," said Chris Russell, executive director of the Springfield BID.  The new bar is slated to open in late April or early May of ...

      Read Full Article
    19. Report: Holyoke Community College an Economic Powerhouse

      Report: Holyoke Community College an Economic Powerhouse

      Students who graduate from Holyoke Community College (HCC) with an associate degree will see an average increase in annual earnings of about $10,000 a year compared to those with only a high-school diploma, according to a new report that calculates the total economic impact of HCC on the Pioneer Valley at nearly $215 million annually. “By comparison,” the report says, “this contribution that the college provides on its own is almost as large as the entire arts, entertainment, and recreation industry in this area.” The analysis of HCC’s economic value was conducted by Emsi, an economic modeling firm ...

      Read Full Article
    20. Willys-Overland Property Might Become a Growth Engine

      Willys-Overland Property Might Become a Growth Engine

      Chuck Irving says the property at 151 Chestnut St. in Springfield — known to the well-informed as the Willys-Overland Building because the long-defunct car maker had a showroom on its first floor and a 1,000-car garage above — caught his attention some time ago, after it was damaged and then abandoned after the natural-gas explosion in late 2012.  And he thought it had some potential.  But what really opened his eyes was the rebirth of an almost identical property in Detroit also built by Willys-Overland.

      Read Full Article
      Mentions: Springfield
    21. Northampton planning board approves affordable housing project in Village Hill...

      Northampton planning board approves affordable housing project in Village Hill...

      The Northampton Planning Board voted Thursday night to approve the second of two mixed-income apartment buildings that will be built in the city's Village Hill neighborhood. The developer behind the project, The Community Builders (TCB), is a nonprofit based in Boston that specializes in development of affordable housing for low- and middle-income families. MassDevelopment selected TCB for the project in April.

      Read Full Article
    22. Skechers footwear store coming to West Springfield's Century Center

      Skechers footwear store coming to West Springfield's Century Center

      Skechers, the California-based global footwear company, is opening a 10,000-square-foot store at Century Center, the 285,000-square-foot shopping complex on Memorial Avenue in West Springfield.  The store is set to open in March, according to Andrew M. Cohen, owner of Century Center, the region's first strip mall. "We are excited to have the No. 2 shoe brand in the world join the center," he said in a statement Thursday. Cohen said Skechers will be a "great addition" to Century Center, located just over the Memorial Bridge from Springfield.

      Read Full Article
    23. New restaurant and retail store coming to Springfield's Boston Road neighborhood

      New restaurant and retail store coming to Springfield's Boston Road neighborhood

      Colvest is completing a retail center on Boston Road that will be home to a new Moe's Southwestern Grill restaurant and Batteries + Bulbs store. The center already has a Sprint cellphone store. It's next to the Aldi discount supermarket at the corner of Pasco Road and adjacent to the Colvest building that houses MedExpress Urgent Care at 1312 Boston Road.

      Read Full Article
    1-24 of 147 1 2 3 4 5 6 7 »
  1. Categories

    1. Industry Clusters:

      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. (3 articles) University of Massachusetts
    2. (3 articles) MassDevelopment
    3. (2 articles) Westover Metropolitan Development Corp.
    4. (2 articles) Valley Venture Mentors
    5. (1 articles) Basketball Hall of Fame
    6. (1 articles) Greater Holyoke Chamber of Commerce
    7. (1 articles) Amherst College
    8. (1 articles) Pioneer Valley Planning Commission
    9. (1 articles) Coca-Cola
    10. (1 articles) Hampshire College
    11. (1 articles) Massachusetts Life Sciences Center
    12. (1 articles) Holyoke Community College
  4. Government Officials in the News

    1. (3 articles) Domenic J. Sarno
    2. (2 articles) Kevin Kennedy
    3. (1 articles) Congressman Richard E. Neal
    4. (1 articles) Congressman John W. Olver
  5. Western Mass Cities in the News

    1. (14 articles) Springfield
    2. (6 articles) Chicopee
    3. (6 articles) Holyoke
    4. (4 articles) Amherst
    5. (2 articles) Palmer
    6. (1 articles) West Springfield
    7. (1 articles) Northampton
    8. (1 articles) Greenfield
    9. (1 articles) Westfield
  6. Western Mass EDC Staff Members in the News

    1. (1 articles) Rick Sullivan
  7. Companies in the News

    1. (3 articles) MassMutual
    2. (2 articles) MGM
    3. (1 articles) General Dynamics
    4. (1 articles) Yankee Candle, Inc.
    5. (1 articles) Big Y Foods
    6. (1 articles) Baystate Health
    7. (1 articles) MassMutual Center
    8. (1 articles) Bank of America