The latest Central Massachusetts business news
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Tuesday, July 11, 2017
 
Rectrix discounts Worcester to Hyannis flights to $99
 
Flights to take you from Worcester to Hyannis in 30 minutes or less just got a little bit cheaper.
 
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Worcester revitalization gets aggressive
 
The Worcester Redevelopment Authority is turning more proactive in helping to remake downtown and beyond, including what would be the first two properties taken as part of a sprawling revitalization plan.
 
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NORESCO boosting Hanscom’s facility for $43M
 
Westborough-based NORESCO will perform $43 million in facility improvements at Hanscom Air Force Base to save the airport a total of $94 million in energy costs.
 
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Mass. single family home sales up 9.7%
 
Sales of single family homes across Massachusetts were up in June, as market and price confidence fell for the first time in months.
 
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Immigrant entrepreneurship program facing 25% cut
 
A state program launched under Gov. Mitt Romney that targets the "racial wealth gap" by boosting immigrant entrepreneurs and rural economies faces a 25 percent funding cut in the budget that Gov. Charlie Baker is reviewing.
 
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Baker unsure whether he supports new employer MassHealth fees
 
Gov. Charlie Baker said Monday he has not yet decided whether he will sign off on $200 million in new employer fees he has linked to MassHealth reforms that the Legislature laid aside Friday as part of their budget deal.
 
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House preparing to set aside $26M for attorney payments
 
The Massachusetts House is preparing a $26.16 appropriations bill to cover payments to attorneys who represented indigent clients last fiscal year.
 
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Regional Roundup
 
 
Question of the Week
 
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Half a century ago, Worcester began clearing acres of land filled with businesses and residences to make way for what would become the Worcester Center Galleria mall. Today, the city is taking a much different track for economic development, redeveloping only select downtown sites, but still relying on eminent domain as the ultimate property acquisition negotiating tool.
What is the best way for a city to revitalize a neighborhood?
Use eminent domain and demolish broad stretches of space to start over with new construction
Use eminent domain when needed selectively targeting only certain properties
Offer tax breaks or other incentives for property owners to improve existing buildings
Let the free market dictate the best uses for particular properties

 
Most Read
 
Crompton Collective opening second location in Hudson
 
 
Report: Staples' new owner said to split company
 
 
Greendale Mall surviving amid store closures, more competition
 
 
First-time wine, beer fests coming to Worcester
 
 
Study: Worcester Co. would benefit economically from climate change
 
 
Old Sturbridge Village wants to be weatherproof
 
 
Red Hat expands to booming Fort Point
 
 
The Hanover buys Australian agency
 
 
Design Center leaves Framingham for Solomon Pond Mall
 
 
 
 

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Worcester MA, 01604