Business Development

The Colvest Group of Springfield is the latest possibility to redevelop the closed Lynch School at 1575 Northampton St. “The Colvest Group intends to construct an attractive retail development that is compatible to the surrounding area which will provide jobs and financial benefit to the city,” Mayor Alex B. Morse said in a letter Wednesday…

An Agawam company this week submitted the lowest bid for a major renovation at Riverfront Park. JL Construction submitted a base bid of $2,418,000, the lowest of six bids received by Wednesday’s deadline. The bid is within expectations and should allow the project to proceed this spring, officials said. The city is likely to add the…

At its Business@Breakfast event on Wednesday, March 7, the Springfield Regional Chamber will host Jay Ash, state secretary of Housing and Economic Development, who will talk about “Unlocking Economic Development,” and his priorities to grow jobs, help communities realize their economic-development initiatives, connect citizens to new economic opportunities, and build prosperity across Massachusetts. The event…

Big Y Foods Inc. hosted its Friday news conference announcing a major expansion of its Springfield distribution center in the morning because by the afternoon, the existing warehouse space would have been too full. “We wouldn’t be able to move,” said Vice President of Corporate Communications Claire D’Amour-Daley. Her brother, Big Y President and COO Charles…

The city will remove five of the largest buildings on the Uniroyal property this year but at a higher cost than was originally expected. The City Council voted 13-0 to allocate $2.89 million to tear down the five largest remaining buildings on the Uniroyal campus after learning the cost of demolition skyrocketed due to deterioration…

The city is working on creating a District Improvement Financing zone, or DIF, around the former Games & Lanes property, a longtime eyesore and bulwark to revitalizing the Walnut Street Extension business district.  The formerly toxic Games & Lanes site has undergone extensive environmental remediation and the dilapidated building that long dominated the lot has…

The Chicopee River Business Park always seemed to be the perfect spot for new industry since it is situated just off the Massachusetts Turnpike and Interstate-291 and has a number of “shovel ready” parcels complete with roads and water and sewer connections. But for nearly three decades and through good and bad economic times few businesses…

Urban Agenda Grant Program builds on community-driven initiatives to create new economic opportunities for residents BOSTON, MA – February 12, 2018 – Today, the Baker-Polito Administration awarded $500,000 to nine projects through the Urban Agenda Grant Program. The program seeks to unlock community-driven responses to local obstacles, and promote economic development opportunities through partnership-building, problem…

State Rep. Joseph F. Wagner, D-Chicopee, chairman of the economic development committee, announced the awards of two Site Readiness Program grants. A total of $255,200 will go to Westover Metropolitan Development Corporation to develop the relatively new Air Park South and $70,000 will go to Westmass Area Development to help in master planning and marketing…