1. Articles in category: Business Development

    97-120 of 290 « 1 2 3 4 5 6 7 8 ... 10 11 12 »
    1. Construction hums along in downtown Springfield, ranging from Riverfront Park to Stearns...

      Construction hums along in downtown Springfield, ranging from Riverfront Park to Stearns...

      City officials said a $2.5 million renovation project now underway at Riverfront Park is one prime example of a series of public projects in the downtown area slated for completion by late fall. The Riverfront Park project began in mid-April and is slated for completion in November, said Peter Garvey, the city's director of capital asset construction. Other projects in the area include renovations at Stearns Square and Duryea Way, Pynchon Plaza renovations, a new police substation on Dwight Street, exterior renovations at City Hall, and exterior renovations at the Central Library on State Street, officials said.

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    2. Chicopee Cabotville project back on: Developer to renovate mill, create 600 apartments

      Chicopee Cabotville project back on: Developer to renovate mill, create 600 apartments

      The project that would turn the largely-vacant Cabotville Mill into as many as 600 apartments is back on 15 months after the project was withdrawn from consideration. Mayor Richard J. Kos announced Thursday that Aaron Popowitz, founder and managing principal of SilverBrick LLC and 4 Perkins LLC, has submitted new plans to renovate the downtown mill complex. Popowitz had originally planned to rehabilitate the mill, which is partly occupied by a number of small businesses, in 2016. He withdrew the plans in February 2017 citing disagreements in trying to purchase the property from Joshua Guttman, who has owned the property ...

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    3. Chicago consultant drafts blueprint for using MGM Springfield casino as catalyst for downtown 'renaissance'

      Chicago consultant drafts blueprint for using MGM Springfield casino as catalyst for downtown 'renaissance'

      A consultant that has provided guidance to city officials on all facets of the MGM Springfield casino project is now offering a blueprint on how the city should capitalize on that nearly $1 billion private investment to create a downtown "renaissance." Representatives of Chicago Consultants Studio Inc., discussed the report, titled "An Economic Development Strategy -- The Renaissance of a Great American Downtown," with city councilors, city planners and MGM Springfield officials this week.

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    4. MGM Springfield will hire 3,000 employees to work at casino featuring 'luxury' 8-screen...

      MGM Springfield will hire 3,000 employees to work at casino featuring 'luxury' 8-screen...

      Alex Dixon, the general manager of MGM Springfield, says it's easy to teach a new casino employee how to deal cards. What they can't teach is a smile. "One thing that never fades is a smile," Dixon said to a crowd of 300 people at the Commonwealth Workforce Coalition conference in Worcester on Thursday. "And that's the first thing that we look for when people walk through our doors looking to get hired." MGM Springfield, a $960 million project that will be the largest private development project in the history of Western Massachusetts, is bringing 3,000 ...

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    5. Springfield Elm Street block restoration plan climbs in cost; developer pursues more funds, tax credits

      Springfield Elm Street block restoration plan climbs in cost; developer pursues more funds, tax credits

      A developer said this week that a plan to redevelop a long-vacant historic block on Elm Street at Court Square has risen in cost to an estimated $50 million to $55 million. That makes the next 60-90 days critical developers try to secure additional funds to make the project a reality. Peter A. Picknelly, who is part of the development team seeking to restore the building at 13-31 Elm St. as market-rate housing, said there are challenges to fully funding the project, but also a unified effort by the developers, government officials and MGM Springfield.

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    6. $250,000 sale of Lynch School in Holyoke approved for retail use

      $250,000 sale of Lynch School in Holyoke approved for retail use

      The Colvest Group of Springfield will buy the former Lynch School at 1575 Northampton St. for $250,000, raze the building and build a retail site with a bank and other tenants after City Council approval at City Hall Tuesday. The Council voted 12-0 to approve the sale. To build the retail site, Colvest will need to apply to the City Council for a change in the designation of the former middle school property to a highway business zone from the current residential single family zone.

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    7. Way Finders Relocation Creates More Momentum in Both Ends of the City

      Way Finders Relocation Creates More Momentum in Both Ends of the City

      The nonprofit group Way Finders, formerly known as HAPHousing, has released renderings of the new 35,000-square-foot home it intends to build on the site of the soon-to-be abandoned Peter Pan Bus station. The move to the North End will bring benefits for the agency and its many types of clients, but it will also generate momentum — and economic development — at two locations, a trickle-down effect not always seen with relocations of this type.

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    8. The Republican, MassLive win big in New England Better Newspaper Competition

      The Republican, MassLive win big in New England Better Newspaper Competition

      The Republican brought home seven first-place prizes and several other commendations earlier this year in the New England Better Newspaper Competition. Recently retired photographer Dave Roback won two first-place prizes, in the feature photo and portrait categories, for images a child cooling off at Hampton Ponds in Westfield and two veterans at a Memorial Day ceremony in East Longmeadow. Photographer Don Treeger won for general news photo with an image of Hampden County Sheriff Nick Cocchi celebrating his election victory.

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    9. 12 years in the making, Holiday Inn Express opens at Epiphany Tower in downtown Springfield

      12 years in the making, Holiday Inn Express opens at Epiphany Tower in downtown Springfield

      The long wait is over as a new Holiday Inn Express opened this week at the former Epiphany Tower on lower State Street as MGM Springfield was announcing an early opening date a block away. "This has been a pleasure that we are open finally on April 24, which was a very exciting day for us because it has been long-awaited for us as it was for the city of Springfield," said Sarabjit Kandhari, general manager of the downtown hotel. The public reception to the opening of the 98-room hotel has been positive, with a few weekends in May already ...

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    10. DevelopSpringfield hopeful that financing to restart work on downtown Innovation Center on...

      DevelopSpringfield hopeful that financing to restart work on downtown Innovation Center on...

      DevelopSpringfield's dormant Innovation Center project at 270-284 Bridge St. could restart construction in the next few months once DevelopSpringfield gets an expected loan from MassDevelopment, the state's economic development and finance agency. Little work has been done at the site for about a year. Once the loan is approved, work could restart at 270-284 Bridge Street in as little as 30 days, said Nicholas Fyntrilakis, chairman of the DevelopSpringfield board of directors on Wednesday. MassDevelopment said Wednesday through a spokeswoman only that it has not yet closed on a deal for the Innovation Center.

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    11. Springfield launches $1.07 million Stearns Square project after delayed start, lower bid (photos)

      Springfield launches $1.07 million Stearns Square project after delayed start, lower bid (photos)

      A West Springfield construction company has begun a $1 million renovation project at Stearns Square and Duryea Way that includes a refurbished historic fountain and improved pedestrian ways. JL Construction Corp. was awarded the project after submitting the low bid of $1,068,000 in February, said Peter Garvey, the city's director of capital asset construction. JL Construction was the low bidder of nine bids submitted. Prior bids submitted in November were deemed too expensive, triggering the city to rebid the project and delay the work, Garvey said.

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    12. Boston developer offers $300,000 for Springfield land as part of downtown apartments project at Willys-Overland building

      Boston developer offers $300,000 for Springfield land as part of downtown apartments project at Willys-Overland building

      A Boston company has offered to pay the city $300,000 for seven tax-title downtown lots on Worthington and Winter streets as part of a $13.8 million project for market rate apartments and retail space at the adjacent Willys-Overland building. The offer made by Davenport Advisors LLC, of Boston, was the sole bid submitted for the city lots by Monday's deadline. The bid has been referred to a city review committee that will submit its recommendation to Mayor Domenic J. Sarno to accept or reject the offer, officials said.

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    13. MassINC: Building near commuter rail could transform cities

      MassINC: Building near commuter rail could transform cities

      Vacant land surrounding commuter rail stops in Gateway Cities has the potential to house approximately 140,000 people and create a similar number of new jobs. But improvements to commuter rail service is required to encourage development in these areas, according to a study being released Tuesday by the MassINC think tank. At the same time, the study finds, investment in real estate could spur more ridership. "In order to get the most from the billions of dollars we commit to operating commuter rail along these right-of-ways, it's critical to think about what mix of policies could spur reinvestment ...

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      Mentions: Springfield
    14. Mayor Reichelt's idea to lure breweries, businesses 'offering a fun social experience" gaining steam in West Springfield

      Mayor Reichelt's idea to lure breweries, businesses 'offering a fun social experience" gaining steam in West Springfield

      Mayor Will Reichelt's push to tweak the town's zoning regulations to make West Springfield a more "fun social experience" for residents and out-of-towners alike has earned support from the Planning Board and a committee that is reviewing the zoning regulations. On April 18, the Planning Board unanimously voted to issue a favorable report on the mayor's proposal to amend the Zoning Ordinance to add recreational uses, breweries, distilleries and wineries to the town's industrial zoning district.

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    15. 'Opportunity Zones' designation could spur Westfield Urban Renewal

      'Opportunity Zones' designation could spur Westfield Urban Renewal

      The city's downtown corridor was designated an Opportunity Zone this week by Gov. Charlie Baker. Mayor Brian P. Sullivan said this will help attract investors to Westfield. "The Opportunity Zone designation has potential to be very beneficial to the revitalization of the city's downtown," said Sullivan. "It is another tool in the toolbox for developers and people looking to invest in our community. We are very thankful that Governor Baker and (Housing and Economic Development Secretary Jay) Ash share our vision for Westfield." Westfield Advancement Officer Joe Mitchell was thrilled Baker recognized the city.

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    16. Gov. Charlie Baker looks to spur investments in Springfield, other 'Opportunity Zone'...

      Gov. Charlie Baker looks to spur investments in Springfield, other 'Opportunity Zone'...

      Massachusetts Gov. Charlie Baker has recommended that Springfield and several other communities across the state be deemed "opportunity zones" -- a designation created under the GOP tax law to open municipalities to private, tax-free investments.  Baker, in paperwork submitted to the U.S. Treasury Department on Thursday, suggested that a total of 138 communities -- the maximum amount allowed for Massachusetts -- be considered for the "Opportunity Zone" program, according to officials.

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    17. Mayor Reichelt: West Springfield zoning changes could make city 'more exciting' for developers, beer-brewing companies

      Mayor Reichelt: West Springfield zoning changes could make city 'more exciting' for developers, beer-brewing companies

      With news that West Springfield is working to bring Two Weeks Notice Brewing Co. to the city, the mayor has proposed changing zoning regulations to include recreational facilities, breweries, distilleries and wineries in the city's industrial zones. "We're in talks with a couple (of breweries) now, namely Two Weeks Notice, to relocate in town," said Mayor William C. Reichelt, who is petitioning the Town Council to approve changes to make the city's industrial sites "more exciting to developers."

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    18. Westfield's special permitting process could be revamped

      Westfield's special permitting process could be revamped

      The Westfield City Council's ad hoc Business Development Committee has been revived under Chairman Michael Burns (Ward 4) and plans to revamp the special permit process. City Advancement Officer Joe Mitchell is working with the committee and said most communities' special permits go through the planning board. He said that makes sense because the planning board works with businesses every step of the process. But over the years, some Westfield councilors requested that special permits go before the council. "Different councilors felt it was their purview to issue special permits," said Mitchell.

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    19. Deerfield Strives to Be More Than a Tourist Town

      Deerfield Strives to Be More Than a Tourist Town

      Wendy Foxmyn acknowleged that, when pressed to describe Deerfield with a word or two, most responders would say ‘tourist town,’ or something to that effect. And, sounding somewhat like the Seinfeld characters in that infamous episode, she said there’s nothing particularly wrong with that. But she quickly, and repeatedly, stressed that this community that is home to Yankee Candle’s flagship store — one of the most visited attractions in New England — as well as Mount Sugarloaf, Historic Deerfield, and the Magic Wings Butterfly Conservancy and Garden wants to diversify and broaden its commercial portfolio.

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    20. New Tower Square owners want more retail for downtown Springfield; seek brand outlets like Gap, Old Navy

      New Tower Square owners want more retail for downtown Springfield; seek brand outlets like Gap, Old Navy

      The new owners of Tower Square want to talk with outlet retailers about bringing brands like Gap and Old Navy to the mall portion of the downtown property they just bought. "MGM is filled with retail already. I think they are going to bring people and drive interest," said Dinesh Patel of East Longmeadow moments before announcing the purchase at a news conference. "I want to thank MGM for their investment. They made it the right time to buy."

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    21. Inaugural 'Markets at Eastfield' vendor fair in Springfield mall deemed a success

      Inaugural 'Markets at Eastfield' vendor fair in Springfield mall deemed a success

      The Markets at Eastfield, a vendor fair in the old Macy's at Eastfield Mall, drew thousands of visitors last weekend for its grand opening, according to the promoter who is organizing it as an ongoing event. Bill Bullock, owner of Bulldog Enterprises, said he expects even more people this weekend when he combines the market with one of his company's regular sports card and collectibles shows. The sports card show features former New York Mets pitching ace Dwight Gooden Saturday from 1:30-3 p.m., wrestler X-Pac Saturday from 4-6 p.m. and Rob Ninkovich, a retired Patriots ...

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    22. 'The story of all of Springfield': Council OKs $100,000 toward city's $1 million image promotion campaign

      'The story of all of Springfield': Council OKs $100,000 toward city's $1 million image promotion campaign

      Councilors said that a key to their support for the campaign is the explanation that it will tell the story of the entire city of Springfield including the neighborhoods, rather than be a downtown promotion. "It's to tell the good story of all the things happening in the great city of Springfield," said Richard K. Sullivan, the president and CEO of the Economic Development Council of Western Massachusetts, which is overseeing the campaign. "It's not just a downtown campaign. This will not be a casino campaign."

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    23. New State Voucher Program Promotes Industry Use of UMass System Research Facilities to Stimulate Economic Development, Innovation

      New State Voucher Program Promotes Industry Use of UMass System Research Facilities to Stimulate Economic Development, Innovation

      Advanced research laboratories and equipment across the five-campus University of Massachusetts system are being made available to start-up businesses and local companies through a new, state-funded subsidy program aimed at promoting economic growth and innovation. Created with a $2 million state investment championed by House Speaker Robert DeLeo, the Innovation Voucher Program began accepting industry applications in late March. The program is administered by MassDevelopment, the state’s economic development and finance authority.

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    24. Tower Square hotel in hands of new owners; local group plans renovations and rebranding

      Tower Square hotel in hands of new owners; local group plans renovations and rebranding

      Businessman Dinesh Patel of East Longmeadow and his partners closed Thursday on their $10.5 million purchase of the Tower Square Hotel, formerly the Marriott, in the heart of downtown. The partners plan to buy the rest of Tower Square -- including the parking garage -- within a few weeks, for a sum they do not yet wish to disclose. The parking garage is considered part of the mall and office tower property. The hotel's sale price became public when papers were filed at the Hampden County Registry of Deeds.

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      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
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  3. Organizations in the News

    1. (1 articles) Massachusetts Department of Transportation
    2. (1 articles) University of Massachusetts
    3. (1 articles) Springfield College
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    5. (1 articles) Massachusetts Life Sciences Center
  4. Government Officials in the News

    1. (1 articles) Governor Deval L. Patrick
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    3. (1 articles) Domenic J. Sarno
  5. Western Mass Cities in the News

    1. (9 articles) Springfield
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  6. Companies in the News

    1. (1 articles) The Republican
    2. (1 articles) MGM
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    4. (1 articles) Eastfield Mall
    5. (1 articles) Baystate Health