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. 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
    2. 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
    3. 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
  1. MassDevelopment

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    1. Mentioned In 189 Articles

    2. TDI Fellow Laura Masulis Is Laser-focused on Springfield

      Explore BusinessWest (Dec 29 2015)

      TDI Fellow Laura Masulis Is Laser-focused on Springfield ...istrict, with the focus squarely on the first two words in that acronym — ‘transformative’ and ‘development.’ MassDevelopment literature outlining the TDI initiative defines that phrase this way: “transformative developm... (Read Full Article)

      Mentions:   University of Massachusetts   MassDevelopment   Pioneer Valley Planning Commission

    3. MassDevelopment partners: Downtown Springfield needs more coffee shops, bicycle lanes and family-friendly places | masslive.com

      Explore masslive.com (Dec 17 2015)

      MassDevelopment partners: Downtown Springfield needs more coffee shops, bicycle lanes and family-friendly places | masslive.com ...MassDevelopment, a statewide public-private economic development agency, hosted the meeting Thursday at UMass Springfield in Tower Square. The idea of 'transformational development' is part of a six-month-old s... (Read Full Article)

      Mentions:   University of Massachusetts   MassDevelopment   Springfield

    4. TDI Meeting on December 17, 2015

      Explore From the EDC (Dec 9 2015)

      TDI Meeting on December 17, 2015 ...address>MassDevelopment
      Springfield, MA
      P: (617) 913 - 6758
      E: LMasulis@massdevelopment.com
      ... (Read Full Article)

      Mentions:   MassDevelopment   Springfield

    5. MassDevelopment issues $1.8 million in bonds to ServiceNet | masslive.com

      Explore masslive.com (Nov 18 2015)

      MassDevelopment issues $1.8 million in bonds to ServiceNet | masslive.com ...MassDevelopment, the state's economic -development financing agency, has issued a $1.8 million in tax-exempt bond on behalf of ServiceNet Inc., a mental health and human services organization headquartered in N... (Read Full Article)

      Mentions:   MassDevelopment   Northampton

    6. MassDevelopment announces $1 million loan to Springfield Technical Community College Assistance Corp. for charter school | masslive.com

      Explore masslive.com (Nov 17 2015)

      MassDevelopment announces $1 million loan to Springfield Technical Community College Assistance Corp. for charter school | masslive.com ...MassDevelopment, the state's economic development financing arm, provided a $1 million loan to Springfield Technical Community College Assistance Corporation. STCCAC developed, leases, and manages the Springfie... (Read Full Article)

      Mentions:   MassDevelopment   Springfield Technical Community College   Springfield Armory

    7. Ex-Skyplex bar to become 'anchor' for Stearns Square development in Springfield | masslive.com

      Explore masslive.com (Nov 2 2015)

      Ex-Skyplex bar to become 'anchor' for Stearns Square development in Springfield | masslive.com ...MassDevelopment, a statewide economic development agency, has purchased the Skyplex bar building on Stearns Square for $600,000. The purchase includes a partnership agreement with the Springfield Business Impro... (Read Full Article)

      Mentions:   MassDevelopment   Springfield   Springfield Business Improvement District

    8. Holyoke Medical Center breaks ground on $22 million addition

      Explore masslive.com (Oct 30 2015)

      Holyoke Medical Center breaks ground on $22 million addition ...ll framed for future use. Project financing partners include Valley Health Systems, Health Policy Commission. MassDevelopment, People's United Bank, J.P. Morgan and AI Wainwright LLC. The addition is on the west side of ... (Read Full Article)

      Mentions:   MassDevelopment   West Springfield   Holyoke Medical Center

    9. Westfield to host Urban Land Institute for review of downtown redevelopment efforts

      Explore masslive.com (Oct 21 2015)

      Westfield to host Urban Land Institute for review of downtown redevelopment efforts ...with vital and unbiased advice that will be used to move forward, Miller said. Monday's visit is sponsored by MassDevelopment, the stat'e economic development and finance agency. The inspection will involve six to 12 ULI... (Read Full Article)

      Mentions:   MassDevelopment   Westfield   Daniel M. Knapik

    10. Holyoke Canal Gallery owners announce $3.4 million, 26-condominium plan

      Explore masslive.com (Oct 15 2015)

      Holyoke Canal Gallery owners announce $3.4 million, 26-condominium plan ...at Gateway City Arts, also nearby at 92 Race St., said in the press release that AACO Realty is in touch with MassDevelopment, the state's finance and development agency, about loan-interest loans and tax incentives for ... (Read Full Article)

      Mentions:   MassDevelopment   Holyoke

    11. Mass. manufacturing job loss slows

      Explore Home - BostonHerald.com (Sep 26 2015)

      Mass. manufacturing job loss slows ... figures show. “The commonwealth has been doing better than ... projected,” Mark S. Sternman, a spokesman for MassDevelopment, the state’s finance and development agency, said yesterday at an early State House kickoff of... (Read Full Article)

      Mentions:   MassDevelopment

    12. Chicopee funds demolition of former Westover homes to build solar farm

      Explore masslive.com (Sep 15 2015)

      Chicopee funds demolition of former Westover homes to build solar farm ...er hazardous waste to prepare to go out bid for the project. The city has received a $1 million grant through MassDevelopment. The money comes from Massachusetts' $5.9 million bond bill grant program to support the Clean... (Read Full Article)

      Mentions:   MassDevelopment   Chicopee

    13. Westfield to provide small grants for community entertainment events

      Explore masslive.com (Aug 25 2015)

      Westfield to provide small grants for community entertainment events ...unity involved entertainment events. Director Peter J. Miller said Tuesday Westfield has received $5,000 from MassDevelopment's Transformative District Initiative to promote local musical, dance or other forms of enterta... (Read Full Article)

      Mentions:   MassDevelopment   Westfield   Daniel M. Knapik

    14. MassDevelopment bonds spark $11 million project at Pittsfield apartments | masslive.com

      Explore masslive.com (Jul 29 2015)

      MassDevelopment bonds spark $11 million project at Pittsfield apartments | masslive.com ...ces, floors, and lights while creating five handicapped-accessible units. In addition to the tax-exempt bond, MassDevelopment assisted DHCD with the approval of federal low-income housing tax credits, which provided appr... (Read Full Article)

      Mentions:   MassDevelopment   Bank of America

    15. Springfield non-profit plans 64-bed detox center at former Lunt Silversmiths site in Greenfield, pending environmental cleanup

      Explore masslive.com (Jun 9 2015)

      Springfield non-profit plans 64-bed detox center at former Lunt Silversmiths site in Greenfield, pending environmental cleanup ...onsists of about six buildings; the most dilapidated will be torn down with the help of a $250,000 grant from MassDevelopment, the state's economic development finance agency. A 2012 site assessment of the Lunt property ... (Read Full Article)

      Mentions:   MassDevelopment   William Martin   Springfield

    16. Pioneer Valley Performing Arts school begins $1.8 million expansion

      Explore masslive.com (Jun 5 2015)

      Pioneer Valley Performing Arts school begins $1.8 million expansion ...tings and guest presentations can be held. The addition was partially funded with the help of Florence Bank, MassDevelopment, the Friends of PVPA and the PVPA Board of Trustees, he said. ... (Read Full Article)

      Mentions:   MassDevelopment   Northampton

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