1. Articles in category: Business Development

    73-96 of 228 « 1 2 3 4 5 6 7 8 9 10 »
    1. Thornes Marketplace to Renovate Front Entrance on Main Street

      Thornes Marketplace to Renovate Front Entrance on Main Street

      Thornes Marketplace will begin a major renovation of its front entrance on Main Street the first week in April to make practical improvements as well as aesthetic ones that are historically accurate. Richard Madowitz, Thornes owner and property manager, stressed that work on the entryway — one of the last phases of a multi-year capital-improvement project — will be conducted from 9:30 p.m. to 7:30 a.m. The front entrance will remain open daily during regular business hours.

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    2. Dietz & Co. Architects on ground floor of new Springfield

      Dietz & Co. Architects on ground floor of new Springfield

      It makes perfect sense that Dietz & Co. Architects - a firm specializing in historic restoration - would become the first tenant to sign a lease for office space in the $92 million renovation of the long-derelict and dilapidated building. Founded in 1985 by Kerry L Dietz, the firm has made a name for itself by taking old urban structures and redesigning them for 21st century use.  Over the years, the company's fortunes have mirrored downtown Springfield's revitalization progress. Now the largest architectural firm in the region with 26 employees, the company has left its distinctive mark on dozens of historic ...

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    3. Mass. Gov. Charlie Baker proposes $610 million economic development bill, including...

      Mass. Gov. Charlie Baker proposes $610 million economic development bill, including...

      Gov. Charlie Baker on Friday filed a $610 million economic development bill. The bill includes a potpourri of initiatives meant to encourage local economic development projects, help coastal communities, and incentivize business hiring. The bill would also create a permanent sales tax holiday in Massachusetts. "This bill seeks to grow the economy for all regions of the Commonwealth by providing support for small businesses, continuing the successful MassWorks program for Massachusetts' downtowns and main streets, and purchasing more equipment to expand and improve workforce skills training," Baker said in a statement.

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    4. ‘The Year of the New Springfield’ Is Underway

      ‘The Year of the New Springfield’ Is Underway

      To say projects are coming to fruition in Springfield is a bit of an understatement these days, with a $950 million casino opening downtown in September, following right on the heels of the $90 million Union Station renovation and the $95 million CRRC MA plant on the former Westinghouse site, which is expected to begin producing rail cars for the MBTA this year.  Kevin Kennedy, the city’s chief Development officer, cited those projects at the start of a recent conversation with BusinessWest because they have been, in many ways, the most prominent signs of economic momentum in Springfield. But ...

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    5. Colvest Group of Springfield latest to try redeveloping Holyoke's Lynch School

      Colvest Group of Springfield latest to try redeveloping Holyoke's Lynch School

      The Colvest Group of Springfield is the latest possibility to redevelop the closed Lynch School at 1575 Northampton St. "The Colvest Group intends to construct an attractive retail development that is compatible to the surrounding area which will provide jobs and financial benefit to the city," Mayor Alex B. Morse said in a letter Wednesday to the City Council.

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    6. Springfield gears up for $2.5 million Riverfront Park renovation as Agawam company emerges as low bidder

      Springfield gears up for $2.5 million Riverfront Park renovation as Agawam company emerges as low bidder

      An Agawam company this week submitted the lowest bid for a major renovation at Riverfront Park. JL Construction submitted a base bid of $2,418,000, the lowest of six bids received by Wednesday's deadline. The bid is within expectations and should allow the project to proceed this spring, officials said. The city is likely to add the option under JL Construction's bid of sodding the field for an additional $68,500, said Peter Garvey, the city's director of capital asset construction.

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    7. Springfield Regional Chamber Event to Feature Secretary Jay Ash

      Springfield Regional Chamber Event to Feature Secretary Jay Ash

      At its Business@Breakfast event on Wednesday, March 7, the Springfield Regional Chamber will host Jay Ash, state secretary of Housing and Economic Development, who will talk about “Unlocking Economic Development,” and his priorities to grow jobs, help communities realize their economic-development initiatives, connect citizens to new economic opportunities, and build prosperity across Massachusetts. The event takes place from 7:15 to 9 a.m. at Chez Josef, 176 Shoemaker Lane, Agawam. The cost is $25 for members ($30 at the door), or $35 general admission ($40 at the door).

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    8. Local investors interested in buying Tower Square Hotel, state documents say

      Local investors interested in buying Tower Square Hotel, state documents say

      MassMutual told state officials that there is local investor interest in buying the Tower Square Hotel. That's according to state documents released to The Republican through a public records request. They include pages of handwritten notes by Secretary of Housing and Economic Development Jay Ash as he spoke repeatedly with MassMutual about a deal to have the insurance giant consolidate in Massachusetts.

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    9. Big Y looked around and chose Springfield as distribution hub for future growth

      Big Y looked around and chose Springfield as distribution hub for future growth

      Big Y Foods Inc. hosted its Friday news conference announcing a major expansion of its Springfield distribution center in the morning because by the afternoon, the existing warehouse space would have been too full. "We wouldn't be able to move," said Vice President of Corporate Communications Claire D'Amour-Daley. Her brother, Big Y President and COO Charles L. D'Amour, said the crush is even worse in the summer when farmers bring in produce.

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    10. 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.

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      Mentions: Chicopee
    11. 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.

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    12. 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.

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    13. 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 ...

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    14. 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.

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    15. 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 ...

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    16. 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 ...

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      Mentions: Palmer
    17. 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 ...

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      Mentions: Chicopee Holyoke
    18. 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.

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      Mentions: Springfield
    19. 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.

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    20. 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.

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    21. 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 ...

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    22. 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 ...

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    23. 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 ...

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    24. 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 ...

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    73-96 of 228 « 1 2 3 4 5 6 7 8 9 10 »
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  3. Organizations in the News

    1. (2 articles) Westfield State University
    2. (2 articles) MassDevelopment
    3. (2 articles) Ludlow Mills
    4. (2 articles) MGM Resorts International
    5. (1 articles) HealthSouth
    6. (1 articles) Greater Holyoke Chamber of Commerce
    7. (1 articles) Basketball Hall of Fame
    8. (1 articles) Massachusetts Latino Chamber of Commerce
    9. (1 articles) The Massachusetts Small Business Development Center
    10. (1 articles) Stop & Shop
    11. (1 articles) Massachusetts Life Sciences Center
    12. (1 articles) Pioneer Valley Planning Commission
  4. Government Officials in the News

    1. (2 articles) Congressman John W. Olver
    2. (1 articles) Alex Morse
    3. (1 articles) William Martin
  5. Western Mass Cities in the News

    1. (12 articles) Springfield
    2. (4 articles) Northampton
    3. (4 articles) Chicopee
    4. (3 articles) Holyoke
    5. (3 articles) Westfield
    6. (2 articles) West Springfield
    7. (2 articles) Amherst
    8. (2 articles) Greenfield
    9. (1 articles) Easthampton
  6. Companies in the News

    1. (2 articles) MGM
    2. (1 articles) Berkshire Bank
    3. (1 articles) United Bank
    4. (1 articles) MassMutual
    5. (1 articles) Baystate Health
    6. (1 articles) MassMutual Center
    7. (1 articles) Bank of America
  7. Business Leaders in the News

    1. (1 articles) Timothy W. Brennan