Organizations in the News
Articles in category: Business Devlopment
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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 ...(Read Full Article)
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.
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.
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 ...(Read Full Article)
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.(Read Full Article)
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 ...(Read Full Article)
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