The latest Central Massachusetts business news
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Tuesday, May 15, 2018
 
Maynard Crossing project to bring life back to vacant Digital Equipment Corp. site
 
Two decades have passed since Digital Equipment Corp. occupied a 58-acre site in Maynard just a mile south of town center. More than half of that time has been spent trying to redevelop the property.
 
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Kevin Perry sentenced to 14 years in prison
 
Kevin Perry, the former owner of The Usual and Blackstone Tap, has been sentenced to 14 years in federal prison for using those eateries and other properties to launder proceeds of his illegal opioid sales.
 
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Hopedale vacant mill owner opposes historic restriction
 
The owner of a 1-million-square-foot vacant mill in Hopedale is pushing the town against including the property in a proposed historic district, in order to maintain its commercial and redevelopment viability.
 
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Northborough office, manufacturing space sold for $2.2M
 
More than 27,000-square-feet of office space in Northborough was sold Monday for nearly $300,000 more than what the space was sold for in September.
 
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Creative Hub Worcester youth arts grand opening next month
 
Nonprofit artist group Creative Hub Worcester is beginning its summer arts programming in a newly renovated space in the Hadley Apartments building.
 
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Virtusa reports record $1B fiscal 2018 revenue
 
Southborough IT giant Virtusa ended its fiscal 2018 in excess of $1 billion in revenue for the first time in the company’s history.
 
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I-190 from W. Boylston to Lancaster to see $19M improvement
 
The Massachusetts Department of Transportation is set to begin construction along seven miles of I-190 from the West Boylston-Stering town line to the Sterling-Lancaster town line.
 
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State lawmakers begin sports betting talks after SCOTUS ruling
 
Monday's ruling from the U.S. Supreme Court that states are free to legalize sports betting opened the door to the possibility of a further expansion of gaming in Massachusetts.
 
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Regional Roundup
 
 
Question of the Week
 
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At the request of a citizen petition, Worcester City Council on May 9 asked the Hanover Insurance Group to delay demolition of the Notre Dame des Canadiens church as a preservation group seeks a willing developer to repurpose the building and a $6-million subsidy to make it financially viable.
At what point should historic buildings in Worcester be demolished?
A building should be torn down once it has outlived its viable use.
A 1- or 2-year demolition delay is enough to see if alternative uses can be found.
The city should delay demolition for 5-10 years to give preservation efforts enough time.
Historic buildings maintaining the character of the city should be preserved at all costs.

 
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Survey: Nurses care for too many patients
 
 
Tree House Brewing plans 16K-square-foot expansion
 
 
Millbury family-owned plumbing firm was front for drug operation
 
 
Sanofi lays off 95 Framingham workers
 
 
Saint-Gobain opens life science facility at UMMS
 
 
Study: WPI is fifth-best value for colleges in Mass.
 
 
IPG Photonics plans Oxford, Marlborough expansions after $3M land purchases
 
 
WPI student company wants to help you party
 
 
City to ask Hanover to delay Notre Dame demolition after petition supported
 
 
 
 

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