Archive for the ‘News’ Category
METRO WEST DAILY NEWS – A downtown rezoning proposal got a step closer to going into effect Tuesday night, as the Urban Affairs Committee continued tweaking a proposed ordinance before its send the measure back to the City Council for approval. ... read more
WORCESTER BUSINESS JOURNAL – The work Marlborough planners did to create a mixed-use overlay district in the city’s southwest quadrant paid off, now that several development proposals are in the works. But now they’re turning their attention away from the office parks that line Interstate 495, and inward to downtown.
[caption id="attachment_12035" align="aligncenter" width="400" caption="Planners say downtown Marlborough, shown here, has good bones now and a relatively low vacancy rate of 15 percent. But city leaders would like to expand development prospects through proposed zoning changes."][/caption] ... read more
WORCESTER BUSINESS JOURNAL - For Marlborough, recent months have brought an avalanche of good news. Boston Scientific and Quest Diagnostics brought their operations to the city this summer. In August, General Electric named the city as the new headquarters of its health care and life sciences division, and that announcement was followed almost immediately by a confirmation that a developer would build a new Hilton Garden Inn hotel to serve the city’s tech sector. ... read more
WORCESTER BUSINESS JOURNAL – Developers understand that real estate is cyclical. The cycle we’re entering is similar to what Greater Boston markets have experienced before. Companies large and small are moving from high-priced space in the city and nearby markets toward more cost-effective sites in suburban areas such as I-495 and MetroWest.
Since the 2008 credit crisis, the economy has experienced consistent, albeit sluggish, recovery, creating ample opportunities for tenants, small local businesses, real estate owners and investors. ... read more
COMMUNITY ADVOCATE – Touting it as the “lab of the future,” city and state officials joined executives and employees from Quest Diagnostics in a ceremony Oct. 2 to open the company’s new 200,000 square-foot lab which is located at the site of the former Hewlett Packard building on Forest Street. ... read more
MAIN STREET JOURNAL – Close to forty Marlborough business owners and entrepreneurs attended a free seminar at The Campus at Marlborough last week, to learn how to secure financing for their new or existing ventures. Organized by the Marlborough Economic Development Corporation (MEDC) and the Marlborough Regional Chamber of Commerce (MRCC), the “Access to Financing” workshop gathered a panel of industry experts to provide tips on how companies of all sizes can gain access to more capital. ... read more
METRO WEST DAILY NEWS – Quest Diagnostics promised to improve the way health care is delivered in the United States during the unveiling of its new Marlborough facility and its “Lab of the Future” Thursday. ... read more