The latest Central Massachusetts business news
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Friday, August 3, 2018
 
Worcester area economy grows by 2.5%
 
The Worcester area economy grew by 2.5 percent in the second quarter, beating the pace of growth seen at any point in the region in the past year.
 
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First tenants announced for Trolley Yard plaza in Worcester
 
A 55,000-square-foot development called the Trolley Yard rising where the Worcester Regional Transit Authority had its longtime facility has its first tenants.
 
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Natick Mall Brookstone to close as company files for bankruptcy
 
The Brookstone store in the Natick Mall will close as the company plans to significantly scale back its retail business as it files for Chapter 11 bankruptcy.
 
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Their honeymoon startup
 
Two weeks after their wedding, Dave and Deb LeRiche bought Batch Ice Cream and moved the company from Boston to the LeRiches' New Braintree home.
 
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Milford Crossing 92% leased with two new tenants
 
Milford Crossing has signed leases with two new tenants, bringing the shopping plaza to 92-percent occupied less than a year after it opened.
 
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Framingham State, MetroWest Nonprofit Network launch partnership
 
Framingham State University and the MetroWest Nonprofit Network are forming a partnership to help train a next generation of nonprofit workers in the area.
 
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Column: Running out of time and energy
 
Even as we celebrate all that our business community contributes to the region, we can see a cloud on the horizon. Energy costs are rising quickly at a time when we are already among the five most expensive states to do business in.
 
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Regional Roundup
 
 
 
Week in review
 
$3.2M for Worcester airport improvements, $372K for Fitchburg
 
Worcester Regional Airport received a $3.2-million federal grant this week to pay for improvements to the shorter of its two runways. The funding will allow for a rehabilitation to Runway 15-33, a 5,000-foot-long runway closest to the airport terminal secondary to the airport's longer Runway 11-29. Fitchburg Municipal Airport also received funding on Tuesday. The airport, which doesn't have commercial flights, received $372,000 to repair its runway.
 
First medical marijuana sales in Worcester
 
Talk about marijuana these days has largely been about the belated but quickly arriving day when the first store opens for legal recreational sales. Worcester, however, just got its first medical marijuana dispensary. Good Chemistry opened at 9 Harrison St. on Thursday. Good Chemistry also hopes to enter the recreational sales market by the end of the year.
 
Head of Saint Vincent resigning
 
Jeffrey Welch is departing Saint Vincent Hospital in Worcester, MetroWest Medical Center in Framingham and other affiliates little more than one year after becoming CEO for parent company Tenet Healthcare's hospitals in Massachusetts and South Carolina. Welch said he will leave to oversee Tenet hospitals in the Miami area.
 
 
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Saint Vincent CEO resigning
 
 
Former MetroWest chamber CEO named head of power association
 
 
Proposal could tax Airbnbs at 17.5 percent
 
 
Former Fitchburg school sold for residential project
 
 
Worcester's first medical marijuana dispensary a homecoming for Good Chemistry
 
 
Worcester County still has most recreational pot applications
 
 
$2.5M apartment, restaurant development slated for Elwood Adams building
 
 
Salon franchise to open in Westborough
 
 
SJC Drums quadruples space with new Southbridge facility
 
 
 
 

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