1. Articles in category: Business Devlopment

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    1. Amazon Bid: It’s Good Practice

      Amazon Bid: It’s Good Practice

      Richard Sullivan, president and CEO of the Economic Development Council of Western Mass., was no doubt channeling his inner Mavis — as in Mavis Wanczyk, winner last month of the largest single Powerball payout in history — when he told the local press, “you have to be in the game to win.” He was referring, of course, to a game with a different kind of huge payout — and one that also features astronomically long odds. That would be the contest to become home to Amazon’s second North American headquarters. The prize there is considerable — maybe 50,000 jobs over the next ...

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      Mentions: Springfield
    2. Former bowling alley in Westfield razed as part of urban renewal project at former Newberry's site

      Former bowling alley in Westfield razed as part of urban renewal project at former Newberry's site

      Crews from Associated Building Wreckers should have what remains of the former Westfield Candlepin Bowling Center at 11 Church St. cleared and the ground graded by Oct. 7, Westfield Advancement Officer Joe Mitchell said Friday. The Westfield Redevelopment Authority purchased the building from the Romani family earlier this year along with two nearby parcels in order to clear the property as part of the ongoing Elm Street urban renewal project. The cost of the property and demolition will total $509,000, paid by the city, Mitchell said.

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      Mentions: Westfield
    3. Eversource to build its largest solar plant at Springfield's Smith & Wesson Industrial Park

      Eversource to build its largest solar plant at Springfield's Smith & Wesson Industrial Park

      The 5.6-megawatt solar farm Eversource plans to build at the Smith & Wesson Industrial Park off Roosevelt Avenue will also generate money the city can use to rehab the "blast zone" around upper Worthington and Lyman streets, the city's chief development officer said Wednesday. The neighborhood, just blocks from the city's downtown, was heavily damaged in the Scores Gentlemen's Club gas explosion on Thanksgiving weekend in 2012.

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    4. Western Massachusetts town plans 18-hole municipal disc golf course

      Western Massachusetts town plans 18-hole municipal disc golf course

      Selectmen at Monday's meeting unanimously endorsed plans for a disc golf course on public land. The Park & Recreation department proposed an 18-hole disc, or Frisbee, golf course on about 20 acres of a 60-acre municipal parcel. The land is known as Piper Farm, which is less than a half-mile from the town common. The area is bounded by Route 202 on the north side and Springfield Road on the south. Kyle Thibeault, the town's park director, told selectmen it would be free to play the course, which would boost the local economy. He said disc golf is a ...

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      Mentions: Springfield
    5. Pioneer Valley prepping pitch for Amazon HQ; company promises as many as 50,000 jobs

      Pioneer Valley prepping pitch for Amazon HQ; company promises as many as 50,000 jobs

      Western Massachusetts is in the early stages of preparing a proposal -- or of combining  with a neighbor's response -- to Amazon's broad but tantalizing search for second North American headquarters. Richard K. Sullivan Jr., president and CEO of the Economic Development Council of Western Massachusetts, said Thursday he has notified mayors and heads of town governments here of Amazon's needs. He also informed them of the Pioneer Valley's potential to fill Amazon's needs. "You have to be in the game to win," Sullivan said.

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    6. Goggins Real Estate to handle leasing of downtown Northampton properties owned by Eric Suher

      Goggins Real Estate to handle leasing of downtown Northampton properties owned by Eric Suher

      Goggins Real Estate will manage leasing for a number of commercial properties in the city's downtown area that are owned by Suher Properties.  Eric Suher, president of Suher Properties, announced the new business partnership in a statement Wednesday. Mayor David Narkewicz shared Suher's announcement over social media, calling it "positive news for downtown Northampton."  Patrick Goggins, owner of Goggins Real Estate, said he was looking forward to working with Suher, as well as to finding good tenants for the properties.

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      Mentions: Northampton
    7. Springfield on the rise: What's new in the downtown Transformative Development Initiative District?

      Springfield on the rise: What's new in the downtown Transformative Development Initiative District?

      From cafes to office tenants, MassDevelopment had a lot to show off on a tour this week of its Transformative Development Initiative District in downtown Springfield. Begun in 2014, the TDI program aims to focus economic development efforts in just a few downtown blocks of Massachusetts’ Gateway Cities.

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    8. 'Walk right in': MassDevelopment offers tour of Springfield Transformative Development Initiative district

      'Walk right in': MassDevelopment offers tour of Springfield Transformative Development Initiative district

      DevelopSpringfield, a public-private partnership charged with fostering economic growth in the city, has money available to cover half the rent for a qualifying new business, up to $500 a month, while the new enterprise gets established downtown. Minkarah said application details will be available soon. The program is funded by a grant from MassDevelopment, the state's finance and development agency.

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    9. Central and Western Massachusetts need a 'few more victories' to lure in big companies, state economic development chief Jay Ash says

      Central and Western Massachusetts need a 'few more victories' to lure in big companies, state economic development chief Jay Ash says

      Big companies looking to relocate to Massachusetts keep zeroing in on the Boston area, a top Bay State economic development official said in an email as insurance company Aetna weighed a move.

      Bruce Stebbins, a member of the Massachusetts Gaming Commission, had emailed Jay Ash, Gov. Charlie Baker's economic development chief, after word got out that Aetna was looking to leave Hartford, Connecticut, where it has about 5,000 employees.

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    10. West Springfield Aims for Balance, Smart Growth

      West Springfield Aims for Balance, Smart Growth

      Mayor Will Reichelt says West Springfield is seeing a good deal of adaptive reuse of commercial and industrial properties, a necessity in a community that is land-poor. Will Reichelt says he was only 15 when he started working at the Donut Dip on Riverdale Street. His father arranged an introduction with the owner, a fellow Rotarian, and just a few days later, Will was working behind the counter and occasionally injecting filling into jelly donuts.

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    11. MassEcon Announces Finalists for Economic Impact Awards

      MassEcon Announces Finalists for Economic Impact Awards

      Nineteen companies from across the state have been selected as finalists for the 2017 Team Massachusetts Economic Impact Awards, awarded annually by MassEcon for their outstanding contributions to the Massachusetts economy.

      This year, there are three finalists based in Western Mass.:

      • Avista Pharma Solutions Inc., in Agawam, a leading U.S.-based contract testing, development, and manufacturing organization for the pharmaceutical industry;
      • Interprint USA Inc., in Pittsfield, a global company and a leading designer and décor printer for the laminate industry; and
      • Tsubaki, in Chicopee, a Leading manufacturer and supplier of automotive parts and designer of driving systems.
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    12. On track: Developer of Ludlow Mills, largest brownfield project in New England, continues...

      On track: Developer of Ludlow Mills, largest brownfield project in New England, continues...

      The not-for-profit corporation overseeing the redevelopment of Ludlow Mills, the largest brownfield project in New England, continues to seek and secure funding to overhaul the sprawling mill complex bordering the Chicopee River. That was the word from Eric Nelson, president and CEO of Westmass Area Development Corporation, at a recent selectmen's meeting, where he updated the board on funding plans and ongoing work at the 170-acre site between the river and State Street. Much has happened since Westmass bought the property six years ago, according to Nelson. "I believe the board would agree that we're on the upward ...

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    13. Massachusetts in 'active discussions' with Pawtucket Red Sox, Gov. Charlie Baker's economic development chief says

      Massachusetts in 'active discussions' with Pawtucket Red Sox, Gov. Charlie Baker's economic development chief says

      Massachusetts remains in "active discussions" with the Pawtucket Red Sox, according to Gov. Charlie Baker's economic development chief. "We're in discussions with the PawSox, we're discussing with them a number of places right now," said Jay Ash, who serves as the secretary of economic development in Baker's cabinet. "We'll see where they want to go and we'll see how we can support that."

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      Mentions: Springfield
    14. MGM: Springfield casino continues to exceed diversity goals for workforce, construction and design contracts

      MGM: Springfield casino continues to exceed diversity goals for workforce, construction and design contracts

      MGM Springfield informed the Massachusetts Gaming Commission on Thursday that it continues to significantly exceed its goals for diversity hiring and contracting for its $950 million downtown casino. Brian Packer, MGM Springfield's vice president of construction and development, provided the statistics on diversity as part of the company's most recent quarterly report, for the period ending March 30. The report was provided during a meeting at the commission's office in Boston.

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    15. Mill 1 at Open Square Blends History with Modern Look and Feel

      Mill 1 at Open Square Blends History with Modern Look and Feel

      It’s called ‘industrial modern.’ That’s the phrase attached to a genre of interior design, one that takes cues from old factories and industrial spaces — or uses such facilities themselves — and blends them with modern fixtures and furniture to create a unique working and playing environment that blends the past with the present. That look and feel — which John Aubin, owner, developer, and chief designer at Open Square in Holyoke, also described with the phrases ‘accessible modern’ and ‘comfortable modern’ — are becoming increasingly popular with a host of constituencies. They include people in business, and especially those involved in ...

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    16. As Tower Square Hits the Market, Conjecture Abounds

      As Tower Square Hits the Market, Conjecture Abounds

      Since it opened nearly a half-century ago, Tower Square has been both a prominent part of the Springfield skyline and a barometer of sorts for the health and vitality of the city and its downtown. And this explains why there is so much anticipation and speculation accompanying the announcement that the property is being put on the market by owner MassMutual. Experts agree that this will be more than a real-estate transaction — it will likely also be a referendum on Springfield and its apparent resurgence.

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    17. Owners of former Black Pearl building in Springfield plans rehab ahead of MGM casino...

      Owners of former Black Pearl building in Springfield plans rehab ahead of MGM casino...

      A lawyer for the owners of the vacant, boarded-up Black Pearl property in the South End said Friday that renovations will begin this fall for a new restaurant. The work is scheduled to be completed well ahead of the MGM Springfield casino across the street, he said. Attorney Bart Heemskerk, who represents property owner Jhanvi Hospitality LLC, said the company reached a signed agreement with the city on Friday in Housing Court to clean the property at 1127 Main St. and to monitor it on a daily basis.

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      Mentions: Springfield MGM
    18. 11-acre site in Holyoke getting groomed to attract developers

      11-acre site in Holyoke getting groomed to attract developers

      Tasks like soil borings and wetlands delineations are being carried out on 11 acres on Whiting Farms Road in a grooming that city officials hope will attract a buyer. "The idea is to advance predevelopment actions so that it's more 'site ready,' " said Marcos A. Marrero, director of the Planning and Economic Development Department. "We'll be doing things such as soil borings, utility hookup survey, wetland delineation and some conceptual design patterns that can help us market the property and make it 'easier/lower risk' for a developer to advance a proposal," he said in a recent email ...

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      Mentions: Northampton Holyoke
    19. Springfield developer plans 45-unit housing project at former Brookings School wrecked by tornado

      Springfield developer plans 45-unit housing project at former Brookings School wrecked by tornado

      The city recently approved the sale of the former Elias Brookings School on Hancock Street to a local nonprofit development group planning to restore the tornado-damaged building as a mixed income housing complex. Home City Development Inc., formerly Better Homes Inc., was the winning bidder for the city-owned property, offering $215,000 for the site to restore it for 45 units of mixed-income housing. The building in the Six Corners neighborhood has been vacant and boarded since June 2011 when it was struck and heavily damaged by a tornado.

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    20. 'Big crowd' at South Hadley meeting to unveil 'smart growth' zoning proposal surprises officials

      'Big crowd' at South Hadley meeting to unveil 'smart growth' zoning proposal surprises officials

      Curiosity about a proposal to stimulate economic development near the former Big Y plaza brought a big crowd to a recent public forum. The initiative targets an approximately 14-acre plot on Newton and Lyman streets, that includes the plaza, for both commercial and residential development. The proposal, according to a town document released prior to the July 11 meeting, would create the "Newton Street/Lyman Street Smart Growth District." Separate residential and business zoning districts currently govern land use in that area. Town officials hope to adopt a regulation known as 40R, which refers to a chapter of Massachusetts general ...

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    21. Ludlow seeking $7M in grants for Westmass Area Development's Riverside Drive project

      Ludlow seeking $7M in grants for Westmass Area Development's Riverside Drive project

      The Board of Selectmen has agreed to apply for $7 million worth of grants on behalf of Westmass Area Development Corp., the region's leading industrial and business park developer, so Westmass can get started on its Riverside Drive project at Ludlow Mills. If Ludlow receives the funding, work on the roadway could begin as early as spring 2018, according to the president and CEO of Westmass, Eric Nelson, who advocated for the grants at the selectmen's July 11 meeting. 

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    22. Campaign Launched for Chicopee Center Project

      MassDevelopment and the City of Chicopee have announced a new campaign through the civic crowdfunding platform Patronicity and the Commonwealth Places initiative. The Chicopee Center Gateway Project campaign will fund downtown beautification efforts in Chicopee, including signature banners, flower planters and other landscaping, and a signature public art bus shelter. This project will build off the momentum of other redevelopment efforts in the city to make Chicopee a more attractive place for residents, businesses, and visitors. “The Gateway project will help downtown Chicopee catalyze local business development and enhance the city’s sense of community by beautifying its streetscape,” said ...

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    23. City Council OKs 3rd Racing Mart in Springfield; developer investing $3.5M at former FL Roberts site

      City Council OKs 3rd Racing Mart in Springfield; developer investing $3.5M at former FL Roberts site

      A developer is planning to build a new Racing Mart gas station and convenience store at Taylor and Armory streets as part of $3.5 million investment that includes tearing down the closed F.L. Roberts Sunoco station there. The City Council unanimously approved a special permit for the gas station, store and drive-up service window at 487 Taylor St. Several city councilors praised the developer, Johnny Kayrouz of Armory Street Holdings LLC, saying that two of his other Racing Mart businesses in Springfield are neighborhood assets and well-run. One of the businesses is at Carew and Armory streets and ...

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      Mentions: Springfield
    24. Agawam Is Building a Bridge to a Better Future

      Agawam Is Building a Bridge to a Better Future

      Richard Cohen is now halfway through his 16th year as mayor of Agawam — a tenure marked by four two-year terms, a two-year hiatus of sorts, and then four more terms. (And, yes, he’s seeking a ninth term this fall.) For that duration, if you will, he’s been coping with many of the same issues impacting this community of roughly 29,000, which is technically a city (hence, it has a mayor), but in most ways considers itself a town. In fact, that’s the word you see over the front door of the municipal offices on Main Street ...

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  7. Companies in the News

    1. (1 articles) MGM
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