Articles from masslive.com

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    1. MassHealth to move into former unemployment insurance call center at 88 Industry Ave. in Springfield

      Explore masslive.com (7 hours, 37 min ago)

      MassHealth to move into former unemployment insurance call center at 88 Industry Ave. in Springfield

      The state plans to move its MassHealth Enrollment Center from 333 Bridge St. in downtown Springfield out to the former Massachusetts Department of Unemployment Insurance call center at 88 Industry Ave. The move includes 60 MassHealth employees. Officials at the state Executive Office of Health and Human Services said in an email this week that they expect the move to be completed by late summer or early fall. The move is necessary because the state's lease is up at its current walk-in enrollment center at 333 Bridge St., an office building overlooking Stearns Square.

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      Mentions:   Springfield

    2. State approves 4 Western Mass. projects for 'economic development incentive program'

      Explore masslive.com (8 hours, 14 min ago)

      State approves 4 Western Mass. projects for 'economic development incentive program'

      Four Western Massachusetts projects that are expected to generate new jobs and millions in private investment have been approved to participate in a state economic development incentive program. The local projects — one in West Springfield, one in Westfield, and two in North Adams — were among 18 projects approved this week by the Economic Assistance Coordinating Council (EACC). All told, the projects are expected to create 855 jobs and retain 2,958 jobs throughout Massachusetts, while leveraging almost $200 million in private investment. "Through targeted business development tools like the Economic Development Incentive Program, we will continue to support sustainable, long-term ...

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      Mentions:   West Springfield   Springfield   Westfield

    3. Springfield Technology Park announces partnership with Greentown Labs of Somerville

      Explore masslive.com (Jun 23 2016)

      Springfield Technology Park announces partnership with Greentown Labs of Somerville

      The Technology Park — 340,000 square feet of space on 15.3 acres of what was once the Springfield Armory — has entered into a formal agreement with Greentown Labs to act as a sort of manufacturing matchmaker. Under the plan, announced Thursday at the Developers Conference hosted by the Economic Development Council of Western Massachusetts, there will be two economic development "fellows," one stationed at Greentown in Somerville and one at the Springfield Technology Park, said Jen Murphy, senior property manager at the Springfield Technology Park.

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      Mentions:   Springfield Armory   Springfield

    4. The Cubit conversion continues with state OK of tax incentives for Holyoke project

      Explore masslive.com (Jun 23 2016)

      The Cubit conversion continues with state OK of tax incentives for Holyoke project

      The state has approved tax incentives to help brothers Denis and Marco Luzuriaga convert a factory at Appleton and Race streets into commercial spaces and residential lofts known as The Cubit. "I'm pleased that the Economic Development Incentive Program application for The Cubit project have been approved by the state," Mayor Alex B. Morse said Wednesday. "Denis and Marco have put together a plan that will complement the great work happening in our urban core. "This incentive will go a long way to ensuring their vision becomes reality. I thank the Baker administration for their continued support of these ...

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      Mentions:   Holyoke Community College   Holyoke

    5. At WMass Developers Conference, Gov. Charlie Baker says $918M economic development bill would uplift Mass. outside of I-495

      Explore masslive.com (Jun 23 2016)

      At WMass Developers Conference, Gov. Charlie Baker says $918M economic development bill would uplift Mass. outside of I-495

      Baker's economic development bill is a $918 million piece of legislation that could let the state help Gateway Cities like Springfield, Holyoke and Chicopee develop unused industrial brownfields and accomplish other tasks. The bill also looks to regions around the state to take the lead in business matters, instead of looking to Boston for direction. The bill would also fund MassWorks infrastructure grants often used of Western Massachusetts Programs and the MassDevelopment. "I can tell you that the economic development bill will have a lot more impact on life outside of 495 than it will inside of 495," Baker ...

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      Mentions:   Domenic J. Sarno   MassDevelopment   MassMutual Center

    6. WinnDevelopment plans $60M apartment project at Ludlow Mills

      Explore masslive.com (Jun 23 2016)

      WinnDevelopment plans $60M apartment project at Ludlow Mills

      WinnDevelopment announced Thursday that it will build 100 to 136 market-rate apartments, as well as commercial, retail and office space, in the iconic clock tower building at Ludlow Mills over the next few years. It will be a $60 million project with construction beginning in a year to 18 months, said  Lawrence H. Curtis, president and managing partner of WinnDevelopment, which is currently constructing 75 active senior apartments in the adjacent Mill 8 building.

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      Mentions:   Springfield   Chicopee   HealthSouth

    7. DevelopSpringfield opens rehabbed Merrick Phelps House, originally built for inventor of monkey wrench | masslive.com

      Explore masslive.com (Jun 23 2016)

      DevelopSpringfield opens rehabbed Merrick Phelps House, originally built for inventor of monkey wrench | masslive.com

      The historic Merrick Phelps House at 83 Maple St. has gone from a drug-scarred eyesore to the anchor of a business park its owners, DevelopSpringfield, envision for the block.  'This was the most blighted house in the neighborhood,' said Jay Minkarah, president and CEO of DevelopSpringfield, the public-private partnership that showcased the $1.8-million purchase and rehab project Wednesday afternoon. 'Think of all the traffic on Maple. This was 'Welcome to Downtown Springfield.' Think of all the children at the Milton Bradley School who had to look out at that symbol of blight. All that has been reversed.'

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    8. Former Sen. Michael Knapik hired to run Gov. Charlie Baker's Springfield office

      Explore masslive.com (Jun 22 2016)

      Former Sen. Michael Knapik hired to run Gov. Charlie Baker's Springfield office

      Knapik served n the state Senate for 18 years, beginning in 1995, and was a member of the powerful Ways and Means Committee. He resigned in 2013 to take a job as director of advancement, alumni and university relations at Westfield State University. He is also executive director of Westfield State Foundation, the university's fundraising arm.

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      Mentions:   Westfield State University   Springfield   Westfield

    9. People In Business: Eric Nelson of Westmass

      Explore masslive.com (Jun 22 2016)

      People In Business: Eric Nelson of Westmass

      The Westmass Area Development Corporation Board has named Eric Nelson new President and CEO of the private nonprofit industrial and business development corporation that offers master-planned land resources at Chicopee River Business Park, Hadley University Business Park, Deer Park in East Longmeadow and at the historic Ludlow Mills. Nelson replaces Kenn Delude, who is retiring after 10 years as President and CEO of the organization. Nelson has over 30 years of experience in site development and design and has consulted on numerous industrial and commercial site development projects. His background also encompasses financing development and creating public-private partnership agreements.

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      Mentions:   University of Massachusetts   Amherst   Chicopee

    10. 24 west-of-the-river communities score $8.7M in Community Development Block grants

      Explore masslive.com (Jun 22 2016)

      24 west-of-the-river communities score $8.7M in Community Development Block grants

      Two dozen Western Massachusetts cities and towns west of the Connecticut River have been awarded over $8.7 million in Community Development Block Grants, enabling municipalities in Hampden, Hampshire, Franklin and Berkshire counties to pursue economic development projects and support the needs of low- and moderate-income residents. The latest round of grant funding, part of an overall $28 million statewide grant package, was announced Tuesday by Gov. Charlie Baker and Lt. Gov. Karyn Polito. The grants will help preserve affordable housing, improve infrastructure, and provide "social services to the vulnerable," Baker said

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      Mentions:   West Springfield   Springfield

    11. Elms College, Western New England University School of Law announce 3+3 program

      Explore masslive.com (Jun 22 2016)

      Elms College, Western New England University School of Law announce 3+3 program

       Elms College in Chicopee and the Western New England University School of Law in Springfield are set to announce later this month a "3+3" program that could allow students to complete a bachelor's degree and a law school education in six years instead of the typical seven. "This is trying to be more responsive to what students want," said Eric Gouvin, dean and professor of law at WNE. "This is ideal for the student whose life was interrupted — maybe they are coming back from active duty or they had to leave school — and they really want to get ...

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      Mentions:   Springfield College   Western New England University   Springfield

    12. Valley Venture Mentors event aimed at funding startups flops, but leads to opportunity

      Explore masslive.com (Jun 21 2016)

      Valley Venture Mentors event aimed at funding startups flops, but leads to opportunity

      Paul Silva's latest innovation did not go quite as planned. Silva, the energetic, quick-talking investor whose Valley Venture Mentors program helps local startups become polished businesses, gathered a group of small businesses and investors in VVM's Tower Square headquarters last week. Their mission was ambitious and unconventional: To help level the business playing field by having investors make same-day, small-dollar investments to local companies. It was an unusual strategy designed to help cash-strapped business founders, many of whom have day jobs and for whom the long process of soliciting six-figure seed funding can be a major financial burden.

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      Mentions:   Springfield   Valley Venture Mentors

    13. WMass communities get millions of dollars in federal infrastructure grants | masslive.com

      Explore masslive.com (Jun 21 2016)

      WMass communities get millions of dollars in federal infrastructure grants | masslive.com

      Western Massachusetts officials on Tuesday cheered Gov. Charlie Baker's announcement that the state is awarding $28 million in federal grant money for economic development projects and social services in 57 cities and towns.  Alice Davey, community development director in Palmer, said the grants are important for the town to rebuild infrastructure, fund social services, rehabilitate housing and provide domestic violence assistance. 'Without this program, these activities just would never happen,' Davey said. 'There just isn't enough local tax revenue available to take on these infrastructure projects.'

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      Mentions:   Palmer

    14. Robotics, iPads, museum trip funded by $11,000 grant from Friends of Holyoke Public Schools

      Explore masslive.com (Jun 21 2016)

      Robotics, iPads, museum trip funded by $11,000 grant from Friends of Holyoke Public Schools

      Robotics, iPads and a trip to a science museum were among ways teachers used $11,000 in grants awarded by the Friends of Holyoke Public Schools. "We received a lot of great proposals this year from dedicated teachers aiming to further enrich the lives of their students," Christian Lachapelle, president of the group's board of directors, said Monday in a press release.

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      Mentions:   Holyoke

    15. Dean Foods completes purchase of Friendly's ice cream business

      Explore masslive.com (Jun 20 2016)

      Dean Foods completes purchase of Friendly's ice cream business

      Dean Foods Co. announced Monday it has completed its $155 million purchase of Friendly's ice cream manufacturing and retail distribution business. Dean's purchase of the ice cream manufacturing business was first announced in May.  The deal frees what remains of Friendly's, owned by investors of Sun Capital Partners Inc., to focus on its restaurant business.  Both operations - the ice cream and the restaurants - will continue to have headquarters in Wilbraham.  Dean Foods has a long-term contract to make ice cream for the restaurants. 

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      Mentions:   Springfield   Friendly's Ice Cream Corporation

    16. Dowd Insurance Agencies enters into alliance with a subsidiary of The Quincy Mutual Group

      Explore masslive.com (Jun 17 2016)

      Dowd Insurance Agencies enters into alliance with a subsidiary of The Quincy Mutual Group

      The Dowd Insurance Agencies, a leading insurance provider serving New England for 118 years, today announced it will enter into a strategic alliance with a subsidiary of The Quincy Mutual Group. Through Quincy Perpetuation Partners (QPP), the new subsidiary, Quincy Mutual will invest in a 20 percent ownership position in The Dowd Insurance Agencies. The Dowd Insurance Agencies will continue to operate under independent ownership – this is not a merger or acquisition in any form.

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      Mentions:   Holyoke

    17. MassMutual donation boosts UMass science

      Explore masslive.com (Jun 17 2016)

      MassMutual donation boosts UMass science

      The largest grant ever made by MassMutual to a local or regional initiative is a tremendous boost to the computer science program at the University of Massachusetts. The $15 million grant is a nod to the present but also the future. Most will go to the Center for Data Science and will allow for additional faculty, a doubling of course options and expansion of the master's degree program. The remainder of about $3 million will support the cybersecurity program at UMass Springfield at Tower Square. Announcement of the grant was made June 10.

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      Mentions:   University of Massachusetts   Smith College   MassMutual

    18. Paragus IT founder Delcie Bean gives 40% of computer company to employees

      Explore masslive.com (Jun 16 2016)

      Paragus IT founder Delcie Bean gives 40% of computer company to employees

       Paragus Strategic IT founder Delcie Bean has given 40 percent of the company's stock to its 40 employees in a deal valued at $1.6 million. Bean said in a statement: "I knew this was the right decision for myself and for Paragus because Paragus is a company that owes 100 percent of its success to the hard work of its incredible employees, or partners as I like to call them. As the only shareholder, I knew that anything I could do to further that spirit and attract new talent would be a sound investment. That's why it ...

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      Mentions:   Springfield   Amherst

    19. 1930 bank gets new life with transformation into coworking space

      Explore masslive.com (Jun 16 2016)

      1930 bank gets new life with transformation into coworking space

      The building at Amity and North Pleasant streets had been a bank since 1930 until TD Bank left last August. Now building owner Barry Roberts and local developers are transforming the 5,000-square-foot First National Bank building it into coworking space, the first such space downtown. The idea is to offer space for people who don't have or need a traditional office and to provide the chance to network, said Jerry Guidera., a developer and acting executive director of the Amherst Area Chamber of Commerce.

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      Mentions:   TD Bank   Amherst

    20. Valley Venture Mentors tries to level startup playing field with early-stage investments

      Explore masslive.com (Jun 16 2016)

      Valley Venture Mentors tries to level startup playing field with early-stage investments

      On Wednesday afternoon, inside Valley Venture Mentors' meeting space on the street level of Tower Square, Paul Silva was conducting an experiment. A group of local startup founders were about to pitch their businesses to about 15 waiting investors. But rather than months of negotiations and hundreds of thousands of dollars, the investors were expected to commit small dollars quickly – by the end of the night, with a few days to opt out afterwards. Silva, the executive director of Valley Venture Mentors, said the approach was designed to give new startups, who had never secured major investments small amounts of ...

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      Mentions:   Amherst   Valley Venture Mentors

    21. New Mass. broadband chair stresses 'flexible' solutions for each town

      Explore masslive.com (Jun 15 2016)

      New Mass. broadband chair stresses 'flexible' solutions for each town

      Peter Larkin said Massachusetts Broadband Institute will work with every town individually to determine the best way to extend broadband internet to each community. "We're walking the communities through this one by one," Larkin said. There are currently 44 towns, mostly in rural parts of Western Massachusetts, that have no access to high-speed internet. The state instituted the so-called Last Mile Program, run by the Massachusetts Broadband Institute, to connect every home to broadband internet.

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      Mentions:   Massachusetts Broadband Institute

    22. Gov. Baker to keynote Western Massachusetts Developers Conference highlighting sites,...

      Explore masslive.com (Jun 15 2016)

      Gov. Baker to keynote Western Massachusetts Developers Conference highlighting sites,...

      The Economic Development Council of Western Massachusetts is expected to draw more than 300 developers and corporate decision makers to its Western Massachusetts Developers Conference next week. Gov. Charlie Baker will be the keynote speaker, wrapping up a morning-long event Thursday, June 23 at the MassMutual Center convention space downtown, said Richard K. Sullivan Jr. president and CEO of the Council.

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      Mentions:   MassDevelopment   MassMutual   Springfield

    23. Wingate at Wilbraham sold for $13.5 million

      Explore masslive.com (Jun 15 2016)

      Wingate at Wilbraham sold for $13.5 million

      The former owners, CCP Properties Business Trust, is part of Care Capital Properties of Chicago. Care Capital already owns Wingate properties around the state including Wingate at South Hadley, Wingate at Springfield, Wingate at West Springfield and Wingate at Worcester as well as Parkway Pavilion Health Center in Enfield, Connecticut. The deal is the result of a lease buyback agreement Wingate entered into in 2006. Wingate had an option to buy the property back, which they did.

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    24. Springfield Thunderbirds announced as name, mascot of city's AHL franchise

      Explore masslive.com (Jun 15 2016)

      Springfield Thunderbirds announced as name, mascot of city's AHL franchise

      Springfield Thunderbirds, it is. The city's new American Hockey League franchise, and affiliate of the Florida Panthers of the NHL, announced the team's nickname and mascot in a public event Wednesday at the MassMutual Center (watch that press conference here). "The Springfield Thunderbirds' name represents the strength and pride of western Massachusetts," team Executive Vice President Nathan Costa said in a release from the team. "It is is a nod to our hockey past, a tribute to the men and women of the Air Force who are so vital to this region, and a symbol of the new ...

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      Mentions:   Domenic J. Sarno   MassMutual Center   Springfield

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