| The latest Central Massachusetts business news | | Go here to view as a web page | |
| | | Friday, June 16, 2017 | | | In digital age, bank branches hit all-time high | | Even if there are fewer reasons than ever to walk into a bank, that hasn't meant branches are closing. Instead, banks are renovating their spaces, going smaller and more informal, and training branch employees to do more of everything a customer may need. | | Read more >> | | Homewood Suites breaking ground in Berlin as Worcester hotel prepares to open | | Homewood Suites by Hilton will break ground on its second hotel in Central Massachusetts next week while it prepares to open its first hotel in the region. | | Read more >> | | Marlborough employment, property values hit pre-recession levels | | Key economic indicators in Marlborough, including employment and property values, have matched their pre-recession levels, according to an announcement this week from the Marlborough Economic Development Corp., the city's business development arm. | | Read more >> |
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| MBTA adding trains for weekend Boston event | | The Framingham/Worcester commuter rail line will run additional morning and evening trains Saturday for the Sail Boston tall ships event that's expected to draw thousands of visitors to the city. | | Read more >> | | Cornerstone partnering with Maine mapping company | | A Worcester energy services company will join forces with a Maine-based mapping services provider to integrate their specialties, according to an announcement from earlier this week. | | Read more >> | | Baker will discuss health care, opioid crisis on DC trip | | Gov. Charlie Baker will travel to Washington, D.C. on Friday to lobby Congress on health care reform legislation and to discuss ways to address the opioid crisis, according to his office. | | Read more >> | |
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| Week in review | |
| Property seizure pending | |
The Worcester Redevelopment Authority is moving toward taking two adjacent downtown properties -- the MetroPCS cellphone store and the Great Wall Chinese restaurant -- as the first step of a sprawling revitalization effort. The city plans to use eminent domain if necessary.
| | Major Kelly Square development | |
A four-story, $20 million property with apartments, a public market, and a diner is expected to open in Kelly Square late next year. Construction is scheduled to begin in August, according to property owner Allen Fletcher.
| | Unemployment rises | |
The state unemployment rate reached 4.2 percent in May as the state added 2,900 jobs, according to state data.
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