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WBDC

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10 Worcester Business Development Corporation • 1965 - 2015 WBDC's History: A Tale of Revitalization I f you take a walking tour of Worces- ter, you'll notice a number of pres- tigious names atop street signs, municipal and arts buildings and ac- ademic institutions. Ichabod Wash- burn, Stephen Salisbury, Joshua Stod- dard, John Boynton and Charles Morgan are just a few prominent individuals whose innovation and experimentation, as well as investments of time, energy and funding, served as a catalyst for economic growth in Worcester during the 19th century. At that time, the City became a well-known manufacturing hub, generating revenue and jobs. July 21, 1965 Governor John Volpe signed the act that created the Worcester Business Development Corporation. Spring 1966 The WBDC received a 14.5-acre gift of land from the Norton Company on which it built the Higgins Industrial Park. The WBDC began planning its first suburban project, Holden Industrial Park. The Worcester Center Galleria opened. The WBDC purchased 88 acres of land in West Boylston to construct an industrial park between Hartwell and Shrewsbury Streets. June 1976 City Manager Francis McGrath designated the WBDC to be the sole marketing agent for the Airport Industrial Park, a 170-acre property that paved the way for more than 1 million square feet of industrial space in Worcester. 1965 1968 1973 1966 1971 * 1976 WBDC Timeline

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