Worcester Business Journal

10 Worcester Business Journal • June 6, 2016 www.wbjournal.com Helping businesses grow. That's what we do. $ 10,000,000 Construction Financing Hotel Boston, MA $ 5,450,000 Commercial Mortgage Light Industrial Manufacturing Hudson, MA $ 1,100,000 Equipment Financing Urgent Care Clinic Chelmsford, MA $ 8,500,000 Commercial Mortgage Manufacturing Facility North Andover, MA $ 15,000,000 Commercial Mortgage Mixed Use Real Estate Boston, MA $ 6,700,000 Commercial Mortgage Mixed Use Real Estate Ashland, MA $ 2,400,000 Refi nancing/Working Capital Digital Publishing Boston, MA $ 9,000,000 Acquisition Financing Working Capital Manufacturer Cranston, RI $ 9,500,000 Acquisition Financing Retail Stoughton, MA As a bank with no shareholders, our commercial bankers are free to work more collaboratively and proactively with business customers, offering more creative approaches for meeting a company's fi nancial and strategic objectives. With more than $4 billion in assets and a team of experienced bankers offering everything from complex fi nancing to everyday banking services, we're ready, willing and able to help every business grow. And we do. Contact Thomas Farley, Chief Commercial Banking Offi cer at 508-315-5344 or thomas.farley@middlesexbank.com CORPORATE BANKING / INVESTMENT REAL ESTATE / CONSTRUCTION LENDING MEMBER FDIC MEMBER DIF H anover Theatre's new $6.5-mil- lion expansion is aiming to enliven Worcester's Theatre District by attracting rich economic development. The historic theater located at 2 Southbridge St. was reestablished and renovated in 2008 and is now connected to a 24,000-square-foot adjacent build- ing that will be used to utilize the new features, including a restaurant and a conservatory, that the historic site has to offer. "There's nothing like this in Worcester," said Troy Siebels, Hanover Theatre president and CEO. "This expansion will make Worcester compa- rable with Boston's Theatre District, only with better parking." The ribbon connecting the Hanover Theatre and its new expansion was cut on June 2, commemorating the intro- duction of the new advancement, which began to develop in 2014 after the pur- chase of the building. The addition is named in honor of Frederick Eppinger, president and CEO of Worcester's Hanover Insurance and theater contrib- utor. The structure is joined to the main building at all three levels. Siebels said the purpose of this exten- sion is to extend function space for the theater, enhance the district's appeal and to promote the new conservatory. The expansion will feature a theater and dance education room on the lower level for students ranging from preschool through high school, more business function rooms for pre- and post-events, and a restaurant partnership that has yet to be established. The new Hanover expansion is expect- ed to bring robust economic develop- ment to Worcester by giving visitors a reason to stay in the city and take advan- tage of the shopping, culture and night- life that the city has to offer, said Christina Andreoli, vice president of the Worcester Regional Chamber of Commerce The expansion will help to market and promote Worcester to outsiders, which will attract consumers to the thriving Theatre District, Andreoli said. Hanover Theatre expansion seeks to anchor Theatre District BY CAITLIN REIDY Special to the Worcester Business Journal Troy Siebels, Hanover Theatre president and CEO, stands in front of the main entrance to his facility, which is adjacent to the expansion. P H O T O / C A I T L I N R E I D Y

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