Worcester Business Journal

6 Worcester Business Journal | December 9, 2024 | wbjournal.com WHEN CHOOSING HEALTH CARE, YOU CAN CHOOSE TO HAVE IT ALL. THE RELENTLESS PURSUIT OF HEALING The hospitals and services of UMass Memorial Health UMass Memorial Medical Center UMass Memorial Medical Group Harrington HealthAlliance-Clinton Hospital Marlborough Hospital Milford Regional Medical Center Community Healthlink Our network of hospitals, providers and services was created to ensure that everyone in our region has access to amazing health care and a chance to live the healthiest life possible. So, regardless of where you live, a UMass Memorial Health hospital or service is nearby. And that means no matter what you need health-wise, the wise choice is also the convenient one. ummhealth.org B R I E F S 287 Turnpike Road Westborough office building bought by the Atlantic Union Conference of Seventh-day Adventists to serve as its new headquarters following the closure of Atlantic Union College in Lancaster Source: Worcester District Registry of Deeds Property at 224 Shrewsbury St. in Worcester purchased by UMass Memorial Health for $2.65 million, after former owner Lundgren Equity Partners scrapped plans for an 87-unit development Source: Worcester District Registry of Deeds 0.64 acres $100,000 Grant awarded to the Downtown Worcester Business Improvement District to expand the organization's annual Out to Lunch Festival & Farmers' Market Source: Downtown Worcester Business Improvement District Nov. 1 Effective date Bollus Lynch, one of the five largest accounting firms in Central Massachusetts, merged with fellow Worcester- based accounting business Singer & Lusardi Source: Bollus Lynch LLP T H E T I C K E R the end of 2023. He expressed concern Madison was not capable of following through on its commitments, noting the company was required under agreements with the City to construct the core, skin, and shell of the so-called Le Field Building. "is [hearing] is about a couple of things," Angelini said, "It's about confidence moving forward. It's about confidence in our partner. It's about accountability. It's also about money." Donahue began the hearing by ac- knowledging Madison had failed to meet its obligation to construct the Le Field Building but declined to commit to a proposal from Angelini that the firm pay taxes on the parcel equivalent of the tax rate had the building been completed. Moving his attention to Madison's yet-to-be constructed second residential building across Madison Street from e Revington, a 228-unit apartment completed by Dowdle, Angelini asked for more details on why that project hasn't moved forward, chastising the firm for refusing to construct the building or provide concrete updates on its status. "What is Madison's excuse for not having built that building?" he asked Do- nahue, who replied the firm was focusing on stabilizing e Revington, an answer that failed to satisfy Angelini. "ere's no reason I can think that Madison should be excused for not doing what it said it would do. We don't have a hotel. We don't have a laboratory built. We don't have a Le Field building. We don't have a second residential building," Angelini said. Angelini expressed particular frus- tration he could not get a satisfactory answer from Madison in regards to the cause of the delay for the second residen- tial building Donahue said the firm was still com- mitted to constructing the building but would only do so when it had felt it was ready and had financing in place. He said the firm was prioritizing completion of the hotel project before turning its atten- tion to the second residential building, despite the fact agreed-upon timelines required Madison to be working on mul- tiple Polar Park area projects at once. "So you're telling me that Madison will do what it wants to do, when it's ready to do so," Angelini said. "Is that the take- away from the meeting?" "Madison will do as Madison has Continued from rpevious page

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