Worcester Business Journal

6 Worcester Business Journal | January 6, 2020 | wbjournal.com A rendering of the proposed Villages at Nobscot development in Framingham T H E T I C K E R $800 to $1,800 Monthly rents Boston developer Trinity Financial plans to charge for the apartment units it is building at the former Worcester County Courthouse. Source: Trinity Financial Fewer condominiums sold in Worcester in 2019 compared to 2018. Even though prices have risen 26% in one year, brokers attribute the drop to high monthly condo association fees. 33 Source: The Warren Group 9% Source: Each school via survey Increase in total enrollment in colleges and universities within Central Massachusetts since 2010, led by Worcester Polytechnic Institute. Time two pharmacists will spend in jail after their conviction of approving false prescription shipments at the New England Compounding Center in Framingham. 0 Source: U.S. Attorney's Office Marlborough mobile home park residents buy complex for $14M Residents of Jo-Len Village, a Marlbor- ough mobile home park, have bought their complex for $14 million. e group decided to band together to buy the site aer getting a notice a year ago the community was for sale, according to the Cooperative Development Institute, a Northampton nonprofit whose mission is to help establish cooperative enterprises. e institute provided technical assistance to the Jo-Len Village residents to form a resident-owned community. e Jo-Len Residents Association bought the property at 295 Boston Post Road East from Anthony Valchuis and the V&V Realty Trust, whose trustees are Anthony and Victoria Valchuis. Financing was provided by the e Local Enterprise Assistance Fund, a Boston community development financial institution supporting resident- and work- er-owned cooperatives nationally. e nearly 17-acre site has about 115 homes. 158-unit development proposed for Framingham A long underutilized retail plaza on Water Street in Framingham is proposed to be demolished in favor of two buildings with 158 residential units and retail. What today is a dated shopping center with a vast parking lot would be turned into a two-building, landscaped complex with more of a village appearance consis- tent with a vision called for in the city's eco- nomic development strategy published in February. Just as that report advocated for, the Village at Nobscot includes buildings placed closer to the street, a mix of uses and parking that's tucked mostly out of sight behind or beside buildings. Continued from Page 5 B R I E FS Thank you to our clients, staff and supporters. We could not have done it without you! Best Plumber/HVAC Contractor BOB A W A R D S B E S T O F B U S I N E S S

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