1. About MassDevelopment



    MassDevelopment

    Robert Culver
    President & CEO
    160 Federal Street
    Boston, MA 02110
    phone: 617-330-2000 
    fax: 617-330-2020
    email: rculver@massdevelopment.com
    www: www.massdevelopment.com

     

    MassDevelopment, the state’s finance and development agency, works with businesses, financial institutions, and local officials to stimulate economic growth across the Commonwealth. Between FY 2004 and FY 2006, MassDevelopment financed or managed 589 projects statewide representing an investment of more than $4 billion in the Massachusetts economy. These projects are supporting the creation of 5,500 housing units and more than 23,000 jobs: 12,381 permanent and 10,679 construction related. For information on MassDevelopment's finance and development services and available properties, visit www.massdevelopment.com

     

  2. Quotes about MassDevelopment

    1. Without the support of MassDevelopment and our community partners, this project would not have been possible.
      In MassDevelopment awards $300000 loan to Community Music School of
    2. Brownfields money is highly sought after by many communities and is limited, so we appreciate the high priority MassDevelopment has placed on Union Station and its importance in the regional economy.
      Domenic J. Sarno in Union Station project in Springfield gets $467400 contribution from
    3. We appreciate MassDevelopment's efforts to facilitate this low cost tax-exempt financing in a very timely and efficient manner.
      In MassDevelopment issues $45 million in low-interest, tax-exempt financing to Baystate Medical Center expansion project
  1. MassDevelopment

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    1. Mentioned In 144 Articles

    2. Community Spotlight: Chicopee | BusinessWest

      Explore BusinessWest (Apr 8 2014)

      Community Spotlight: Chicopee | BusinessWest ...l military facility, and it reflects the commitment of the community to withstand base closures.” The city, MassDevelopment, and Western Mass. Development Corp. will be involved in the project, and city officials ho... (Read Full Article)

      Mentions:   MassDevelopment   Springfield   Chicopee

    3. MassDevelopment issues $19.5 million in tax-exempt bonds to Bay Path College for Health Sciences building | masslive.com

      Explore masslive.com (Feb 18 2014)

      MassDevelopment issues $19.5 million in tax-exempt bonds to Bay Path College for Health Sciences building | masslive.com ...and on Shaker Road and Denslow Road in East Longmeadow. A portion of the bond proceeds will refund a previous MassDevelopment bond, which funded projects at the main campus in Longmeadow. PeoplesBank, United Bank, and Nu... (Read Full Article)

      Mentions:   MassDevelopment   United Bank   Bay Path College

    4. Bio-pharma firm aims to bring 90 'high-end' jobs to Berkshires

      Explore Home - Berkshire Eagle Online (Feb 15 2014)

      ...wn, but declined to go into specifics. Wagner said BSM has looked at a couple of structures on Route 102. At MassDevelopment, spokeswoman Kelsey Abbruzzese said the state agency has had "preliminary" discussions with BS... (Read Full Article)

      Mentions:   MassDevelopment   Berkshire Bank

    5. Menck USA window company gets $5 million in tax-exempt bonds

      Explore masslive.com (Jan 20 2014)

      Menck USA window company gets $5 million in tax-exempt bonds ...ston Private Bank purchased the bond and the financing was enhanced by a MassDevelopment guarantee CHICOPEE — MassDevelopment has issued a $5 million tax-exempt bond on behalf of Menck USA Inc., which does business as Me... (Read Full Article)

      Mentions:   MassDevelopment   Chicopee

    6. MassDevelopment » AMP it up! Matching Grants Total Nearly $110,000 For 11 Innovative Massachusetts Programs

      Explore MassDevelopment.com (Dec 18 2013)

      MassDevelopment » AMP it up! Matching Grants Total Nearly $110,000 For 11 Innovative Massachusetts Programs ...MEDIATE RELEASE Contact: Kelsey Abbruzzese, MassDevelopment, 617-330-2086 & 617-448-9077 (cell) kabbruzzese@massdevelopment.com Through the AMP it up! campaign that promotes advanced manufacturing as an attractive ca... (Read Full Article)

      Mentions:   MassDevelopment

    7. Ground is broken on new Berkshire Place, retirement facility in Pittsfield

      Explore Home - Berkshire Eagle Online (Nov 1 2013)

      Ground is broken on new Berkshire Place, retirement facility in Pittsfield .... NBT Bank, Adams Community Bank and Glens Falls National Bank purchased the bond. The bond was enhanced by a MassDevelopment guarantee. The 44,000-square-foot residential facility will replace the existing Berkshire Pl... (Read Full Article)

      Mentions:   MassDevelopment

    8. Commonwealth to Inject $20+Million Into Manufacturing Programs in 2014

      Explore PR-BG.com... News from the source (Oct 29 2013)

      ...handed over to MassDevelopment to administer. Speaking at the 2013 Marlborough Innovation Summit held today, MassDevelopment Vice President of Manufacturing Program Initiatives Louis Gaviglia said that the AMFP’s total ... (Read Full Article)

      Mentions:   MassDevelopment   Massachusetts Office of Business Development

    9. Viewpoint: Western Massachusetts' economic development is blossoming

      Explore masslive.com (Oct 13 2013)

      Viewpoint: Western Massachusetts' economic development is blossoming ...ment Board of Hampden County and Pathfinder Regional Vocational Technical High School received grants through MassDevelopment’s AMP it up! campaign, designed to promote careers in advanced manufacturing. Thanks to tours ... (Read Full Article)

      Mentions:   MassDevelopment   West Springfield   Palmer

    10. New England Studios film facility set to open in Devens | masslive.com

      Explore masslive.com (Sep 9 2013)

      New England Studios film facility set to open in Devens | masslive.com ...onfident his project — built by MJM Development and potentially helped by a tax-increment financing deal from MassDevelopment — will succeed in part because it’s being rolled out in two phases based on how much business ... (Read Full Article)

      Mentions:   MassDevelopment

    11. MassDevelopment gets $2M to fund energy savings on campus

      Explore bizjournals (Aug 29 2013)

      MassDevelopment gets $2M to fund energy savings on campus ...The Association of Independent Colleges and Universities in Massachusetts, known as AICUM, is partnering with MassDevelopment on the initiative and helping to market the initiative to its member schools, said Richard Doh... (Read Full Article)

      Mentions:   MassDevelopment

    12. Springfield downtown property managers poised to offer prime space to University of Massachusetts satellite center

      Explore masslive.com (Aug 6 2013)

      Springfield downtown property managers poised to offer prime space to University of Massachusetts satellite center ... and should have a significant impact for the downtown.” Tenants of Tower Square include Cambridge College. MassDevelopment, which owns the former federal building at 1550 Main St., is not expected to file a proposal b... (Read Full Article)

      Mentions:   Domenic J. Sarno   University of Massachusetts   MassDevelopment

    13. MassDevelopment wants $2 million in state funds released to begin cleanup at former Belchertown State School

      Explore masslive.com (Jul 30 2013)

      MassDevelopment wants $2 million in state funds released to begin cleanup at former Belchertown State School ...lopment’s stepped-up involvement and applauded Canderas' leadership. They said a draft from the agency showed MassDevelopment proposing that $2 million be spent this year and that $2.5 million during fiscal 2015 be alloc... (Read Full Article)

      Mentions:   Governor Deval L. Patrick   MassDevelopment   Northampton

    14. New England Public Radio Foundation gets $113,432 state grant to aid in construction of downtown Springfield headquarters for WFCR/WNNZ

      Explore masslive.com (Jul 3 2013)

      New England Public Radio Foundation gets $113,432 state grant to aid in construction of downtown Springfield headquarters for WFCR/WNNZ ... financial institutions, and communities to stimulate economic growth across the Commonwealth. During FY2012, MassDevelopment financed or managed 280 projects generating investment of more than $2.3 billion in the Massac... (Read Full Article)

      Mentions:   University of Massachusetts   MassDevelopment   Springfield

    15. Chicopee's Westover, Barnes Air Guard in Westfield to benefit if Massachusetts approves $177 million bond bill for capital projects at military bases

      Explore masslive.com (Jun 27 2013)

      Chicopee's Westover, Barnes Air Guard in Westfield to benefit if Massachusetts approves $177 million bond bill for capital projects at military bases ... bring more jobs and economic development at and around each site," said Retired Brigadier General Donald , a MassDevelopment official. "This bond bill is a product of that analysis." In 2005, the state approved a $261 m... (Read Full Article)

      Mentions:   Governor Deval L. Patrick   MassDevelopment   Chicopee

    16. Holyoke Lyman Terrace final report envisions up to $23 million in mostly ... - MassLive.com

      Explore masslive.com (Jun 24 2013)

      Holyoke Lyman Terrace final report envisions up to $23 million in mostly ... - MassLive.com ...yman Terrace has included the city, Holyoke Housing Authority, tenants and two quasi-public finance agencies, MassDevelopment and the Massachusetts Housing Partnership. "This is the concept that we want to pursue and the... (Read Full Article)

      Mentions:   MassDevelopment   Holyoke

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