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 151 Articles

    2. Under construction: Bay Path College's new health sciences grad school building taking shape in East Longmeadow | masslive.com

      Explore masslive.com (May 9 2014)

      Under construction: Bay Path College's new health sciences grad school building taking shape in East Longmeadow | masslive.com ...oject's Web page. The state-of-the-art facility is being funded by a $19.5 million tax-exempt bond issued by MassDevelopment, the state’s finance and development agency, which works with businesses, nonprofits, financia... (Read Full Article)

      Mentions:   MassDevelopment   Carol A. Leary   Hasbro, Inc.

    3. Belchertown seeks portion of $10 million in state funds for Belchertown State School cleanup

      Explore masslive.com (Apr 29 2014)

      Belchertown seeks portion of $10 million in state funds for Belchertown State School cleanup ...n the past year the state released $200,000 of the $10 million. The industrial corporation has partnered with MassDevelopment, the state’s finance and development authority. The state agency is now overseeing the cleanup... (Read Full Article)

      Mentions:   MassDevelopment

    4. Industry leaders focus on the future of advance manufacturing in Massachusetts

      Explore masslive.com (Apr 29 2014)

      Industry leaders focus on the future of advance manufacturing in Massachusetts ... Regional Chamber of Commerce President and CEO Timothy Murray, INCOM President and CEO Michael Detarando and MassDevelopment President and CEO Marty Jones, speak on the present status of manufacturing in Massachusetts a... (Read Full Article)

      Mentions:   Governor Deval L. Patrick   MassDevelopment   Greenfield

    5. Former federal building at 1550 Main in Springfield named Outstanding Building

      Explore masslive.com (Apr 16 2014)

      Former federal building at 1550 Main in Springfield named Outstanding Building ...lopment of the former federal building has won this award, according to a news release from MassDevelopment. MassDevelopment purchased and undertook the renovation of the former federal office building in 2009 as part o... (Read Full Article)

      Mentions:   MassDevelopment   Baystate Health   Springfield

    6. MassDevelopment grants $250000 to Sterling & Francine Clark Art Institute in

      Explore masslive.com (Apr 14 2014)

      MassDevelopment grants $250000 to Sterling & Francine Clark Art Institute in ...ions and public programs. More than 200,000 people visit the Clark’s 140-acre Williamstown campus each year. MassDevelopment also issued a $30 million bond on behalf of the Clark in 2011 to help build the Museum’s Visit... (Read Full Article)

      Mentions:   MassDevelopment

    7. Governor Patrick Announces Economic Development Package

      Explore Mass.Gov (Apr 11 2014)

      Governor Patrick Announces Economic Development Package ...on, the state’s working capital lender, to small businesses; • Creating a Transformative Development Fund at MassDevelopment to make equity investments, provide funding for collaborative workspaces and provide technical... (Read Full Article)

      Mentions:   Governor Deval L. Patrick   MassDevelopment   Massachusetts Technology Collaborative

    8. MassDevelopment grants to New England Public Radio

      Explore masslive.com (Apr 10 2014)

      MassDevelopment grants to New England Public Radio ... Radio will maintain a satellite news office, intern space, and the Five Colleges Studios at UMass Amherst. MassDevelopment and the Massachusetts Cultural Council administer the Cultural Facilities Fund, an initiative ... (Read Full Article)

      Mentions:   University of Massachusetts   MassDevelopment   Springfield

    9. 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

    10. 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

    11. 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

    12. 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

    13. 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

    14. 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

    15. 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

    16. 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

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