1. Articles in category: Business Devlopment

    49-69 of 69 « 1 2 3
    1. Chicopee to spend additional money to continue Uniroyal & Facemate cleanup

      Chicopee to spend additional money to continue Uniroyal & Facemate cleanup

      The city will spend $870,000 to continue the process of cleaning up the Uniroyal and Facemate factory sites and expects to need another about $1 million in the upcoming year. "A lot of the grant funds are now drying up," City Planner Lee Pouliot said. The City Council this month voted to spend $870,000 from the free cash account, or money unspent from the previous year's tax collections, to continue the project. City officials said they expect to return to the council in the next fiscal year to request another $1 million to continue other parts of ...

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      Mentions: Chicopee
    2. Springfield Takes Giant Strides Toward Creating a Vibrant Urban District

      Springfield Takes Giant Strides Toward Creating a Vibrant Urban District

      Webster defines momentum this way, among others: ‘capacity for progressive development’ and ‘forward movement.’ Those phrases certainly describe what’s being seen and heard in the Stearns Square area of Springfield, where a project blueprinted to be catalytic in nature, the Innovation Center now taking shape on Bridge Street, has been exactly that.

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    3. Want a culinary job? Snapchef staffing agency expands to Springfield

      Want a culinary job? Snapchef staffing agency expands to Springfield

      "Downtown Springfield provides Snapchef with a centralized location that will help our company increase its ability to attract talent and serve clientele," Snapchef CEO, Todd Snopkowski said in a statement. "Our close work with the City of Springfield, the Massachusetts Executive Office of Housing and Economic Development, and legislative leaders made the expansion into Springfield an easy decision. We appreciate the support that Snapchef has received during this expansion from the Springfield Regional Chamber of Commerce, the Western Massachusetts Economic Development Council, and Develop Springfield."

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    4. SNAPCHEF LAUNCHES FIRST PHASE EXPANSION IN SPRINGFIELD

      SNAPCHEF LAUNCHES FIRST PHASE EXPANSION IN SPRINGFIELD
      Snapchef Launches First Phase Expansion In Springfield
      Culinary Staffing Leader Plans to Hire Immediately

      Springfield – April 10, 2017— Snapchef, the leading culinary training and staffing company in New England, announced that it has opened its first office in the City of Springfield. The office, located at 174 Worthington Street, will serve as an administrative and hiring center for Snapchef culinary professionals and represents Snapchef’s initial expansion into Western New England. 

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    5. Ludlow Mills celebrates cleanup, worries about future grants for more work as complex comes back to life

      Ludlow Mills celebrates cleanup, worries about future grants for more work as complex comes back to life

      Westmass Area Development Corp. announced this week the completion of a $600,000 cleanup of hazardous asbestos and PCBs from the 170-acre Ludlow Mills complex. But even with the the good news, Westmass is fearful that U.S. Environmental Protection Agency brownfields funding and state/federal historic preservation tax credits for further cleanups might dry up. "I don't know anybody who isn't concerned about the federal budget," said Eric Nelson, president and CEO of Westmass. "It's one of the few ways that these signature mill buildings can be preserved and brought back to life."

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    6. Springfield seeks buyer, new use for leveled Ring Nursing Home property in Maple High-Six...

      Springfield seeks buyer, new use for leveled Ring Nursing Home property in Maple High-Six...

      The city, having recently finished demolition of the former Ring Nursing Home, is offering the property for sale and redevelopment, possibly for single-family homes. Associated Building Wreckers of Springfield recently demolished the tax-foreclosed property at 22 Ridgewood Place in the Maple High-Six Corners area, which had been a blight in that area for more than a decade, officials said. The parcel is about two-thirds of an acre in size. Mayor Domenic J. Sarno said the goals are getting the property back on the tax rolls and finding a use compatible with the residential neighborhood.

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    7. Chicopee West End improvements begin, could spark mill development

      Chicopee West End improvements begin, could spark mill development

      The city will begin the first step to correct an ancient problem with infrastructure that could lead to the development of the west end of the city's downtown. The City Council voted 13-0 to allocate $325,000 to replace a nearly 50-year-old pump station, add a standby generator and repair a sewer line that is all located near the Cabotville and Lyman mills of Front Street. The city received an about $2.64 million MassWorks Infrastructure Grant from the state which is to be used to fund a number of improvements, including replacing storm drains, improving the sewage system ...

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      Mentions: Chicopee Holyoke
    8. Tax credits to help expanding Agawam company hire more workers

      Tax credits to help expanding Agawam company hire more workers

      Tax incentives are helping an Agawam business and a dozen other Massachusetts companies create and retain thousands of jobs to deliver millions in private investment, according to the state's Economic Assistance Coordinating Council, which approved the incentives on Wednesday. The EACC's Economic Development Incentive Program is helping 13 companies in 11 communities create 1,181 jobs, retain 4,685 existing jobs, and deliver over $469 million in private investment, state officials said. The program offers investment tax credits and other incentives to companies that create jobs and build new facilities in Massachusetts. Investment tax credits are basically an ...

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    9. Springfield officials talk economic development, jobs with state secretary of Housing and...

      Springfield officials talk economic development, jobs with state secretary of Housing and...

      Mayor Domenic J. Sarno and Chief Development Officer Kevin Kennedy met Wednesday with Jay Ash, secretary of the state's Executive Office of Housing and Economic Development, for a continued discussion of the city's economic development projects. Sarno said he and Kennedy provided Ash with updates on $3.3 billion in economic development initiatives in Springfield and the effort to expand other development and job-creation projects.

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    10. Springfield mayor, Park Commission approve final plans for downtown Strearns Square...

      Springfield mayor, Park Commission approve final plans for downtown Strearns Square...

      A proposed $1.2 million major improvement project for Stearns Square and Duryea Way in the downtown moved another step forward Wednesday with approval of the design plans by Mayor Domenic J. Sarno and the Park Commission. The improvements include restoration of the downtown park and fountain at Stearns Square, new and widened sidewalks, retained trees and new landscaping, and enhancements for pedestrians and outdoor dining, according to city officials and the design firm. "The renovation of Stearns Square and Duryea Way is an integral part of the renaissance of our downtown," Sarno said. "The proposed improvements along with significant ...

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    11. Poll: 77 percent of expanding businesses in Massachusetts say they would choose investing in the commonwealth all over again

      Poll: 77 percent of expanding businesses in Massachusetts say they would choose investing in the commonwealth all over again

      Companies that have relocated or expanded in Massachusetts over the past decade nearly always say they chose the Bay State because of its expert work force. And more than three-quarters, 77 percent to be exact, of those companies told pollsters from the University of Massachusetts Donahue Institute and MassEcon. The survey also showed that and 64 percent rated the state as a "good" or "very good" place to do business, according to the report released on Tuesday  Forty companies relocated or expanded in Western Massachusetts, defined here as Hampden, Franklin and Hampshire counties, from 2004 through 2015. Another 21 expanded ...

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    12. 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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    13. 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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    14. 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
    15. 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
    16. 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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    17. 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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    18. 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
    19. 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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    20. 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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    49-69 of 69 « 1 2 3
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