Worcester Business Journal

wbjournal.com | February 3, 2020 | Worcester Business Journal 5 B R I E FS Sky Mark Tower owner buys more property e new owner of Worcester's Sky Mark Tow- er, a Worcester Polytechnic Institute graduate, has bought a trio of properties just around the corner. Los Ange- les-based Benedict Canyon Equities, founded by graduate and trustee Bob Hart, on Jan. 8 paid $1 million for the vacant 27 Chandler St., the vacant former Corner Store building at 35 Chandler St., and 47 Irving St., a vacant lot behind the convenience store. Hart bought the 206-unit Sky Mark Tower in October for $29 million. Harrington to join UMass Memorial Health Care Harrington HealthCare System has signed a letter of intent with UMass Me- morial Health Care to join the hospital system, which is Central Massachusetts' largest employer. Leaders at Harrington, which includes a 142-bed Southbridge hospital, and UMass both said they were searching for potential partners at a time when hospitals are looking to create economic efficiencies. Board of trustees for both systems have approved the agreement. State regulatory approval is needed before the deal becomes official, with eviews expected to take six to nine months. e two systems already collaborate, including through a system allowing Harrington care providers to consult re- motely with UMass Memorial specialists in caring for critically ill patients. Bull Mansion sells for $1.2M, to reopen Chinese investor based out of Rhode Island has purchased the historic Bull Mansion in downtown Worcester for $1.16 million, with plans to reopen the restaurant and events spaces. rough his company Arkland LLC based in Johnston, R.I., investor Jackson Song closed on the property transaction on Jan. 23 from Bull Mansion LLC, which is the firm run by business part- ners Victoria Mariano and Adi Tibrewal. Song plans to bring in Nick Greco as the primary operator and tenant to reopen the restaurant and function space. Open Sky adds CFO, COO Worcester human services nonprof- it Open Sky Community Services has appointed Anthony Consolmagno as its new executive vice president and chief financial officer and Matthew Small as the new chief operating officer. Consolmagno replaces Philip Inger- soll-Mahoney, who retired aer a tenure including a longtime role as CFO of Alternatives Unlimited, one of two prede- cessor organizations of Open Sky, along with e Bridge of Central Massachusetts. Hologic CEO's pay, once $42M, returns to $12M A year ago, the CEO of Hologic, Inc. took home $42 million in total compensa- tion, making Steve MacMillan one of the country's highest-paid executives. is year, MacMillan's compensation has returned to $12.4 million, according to U.S. Securities & Exchange Com- mission filings the Marlborough medi- cal device company made in advance of its annual sharehold- ers meeting March 5. Last year, Hologic gave MacMillan a $30-million special retention equity grant the Hologic board voted unan- imously in 2017 to give MacMillan as a perk to keep him with the company. Worcester Public Market planning Feb. 6 opening e Worcester Public Market is plan- ning to open Feb. 6, with construction nearing completion and vendors securing permitting. Wachusett Brewing Co., Jen- nifer Lee's Bakery and Sub Zero Nitrogen Ice Cream won approvals to operate from the Worcester License Commission on Jan. 23. e New England Burger Bar, won approval from the board Jan. 9. ose tenants will join Worcester Wares, which opened a second location in the market to join its original shop inside the DCU Center on Commercial Street. Construction to begin at $45M Edgemere project Aer lying vacant two decades, construction is expected to start this summer on a $45-million mixed-use project at the abandoned Edgemere Drive-In. e Shrewsbury Planning Board approved Edgemere Crossing at Flint Pond, with an 80,000-square-foot Market Basket, 43,000 square feet of retail, and 250 apartments. Steve MacMillan, CEO of Hologic NMLS #422081 Go Beyond Banking ™ We're here for you, Worcester! Call 888-744-4272 for a free consultation. Visit clintonsavings.com with our Commercial Lending Team! T H E T I C K E R 750 Jobs added in Marlborough in 2019, bringing the city's unemployment rate to 2.0%. Source: Marlborough Economic Development Corp. Central Mass. firms recognized for their LGBTQ+ inclusiveness: Hanover Insurance Group, Boston Scientific Corp., BJ's Wholesale Club, TJX Cos., and Staples. Five $255,000 Source: The Warren Group Median price of a single-family home in Worcester for 2019, a 7% increase from 2018 Amount paid by an LLC registered to married couple Mark and Laura DeLong of Scituate for the Athol property on which the Quabbin Valley Healthcare nursing home sits. $10M Source: Worcester County Registry of Deeds Source: Human Rights Campaign Foundation's 2020 Corporate Equality Index The 24-story Sky Mark Tower in Worcester W

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