Issue link: https://nebusinessmedia.uberflip.com/i/763581
Worcester Business Journal • www.wbjournal.com • 2017 Economic Forecast 23 89 Shrewsbury St. Suite 200 • Worcester, MA 01604 508-755-7107 • www.bolluslynch.com BOLLUS LYNCH CERTIFIED PUBLIC ACCOUNTANTS & CONSULTANTS Established in 1989, Bollus Lynch, LLP has evolved over the last 27 years to become one of the area's leading CPA firms. While we have experienced a lot of growth, we've maintained a deep commitment to the Central Massachusetts community and our growing list of valued clients. Committed to the success of your business We're proud to have been voted Best Accounting Firm in 2016 Awards W o r ce s t e r B us i n e ss J o u r n a l 2016 B E S T O F B U S I N E S S W o r ce s t e r B us i n e s s J o u r n a l Preferred Mutual Insurance Company One Preferred Way, New Berlin, NY 13411 It's more than a business. It's a labor of love. www.preferredmutual.com You love what you do. This is part of who you are. So, it helps to have a partner who works with you and knows how to protect what's most important to you. Work, Dream and Live Assured — each and every day. Corporation, said in a statement. The redevelopment of the land is part of the commonwealth's ongoing Open for Business Initiative that seeks to redevelop underutilized state assets into productive pieces of our state economy. The development fits with the Baker Administration's push to take "public domain land that has been lying fallow and useless and turning it into something useful and tax-bearing for our communities," Kevin O'Sullivan, president of Massachusetts Biomedical Initiatives, said in a statement. The new facility will advance Massachusetts' ability to manufacture and builds on the infrastructure of research and development that already exists in the state, said Travis McCready, president & CEO of the Massachusetts Life Sciences Center, in a statement. The WBDC has completed other Worcester projects along the lines of this one, such as the Massachusetts Biotechnology Research Park, Gateway Park, and Centech Park. Worcester's $90M luxury apartment complex breaks ground A $90-million apartment complex broke ground in June amid fanfare from local officials and developers as another piece needed to complete City Square and the redevelopment of downtown Worcester. "We are building a new downtown neighborhood, which is very exciting," said Craig Blais, president and CEO of Worcester Business Development Corp., at the reception after the groundbreaking. "We've talked for 25 to 30 years for developing a downtown community." The first phase of the 145 Front Street at City Square development that developer Roseland broke ground on Wednesday will feature 237 apart- ments, according to the company. These luxury units will start at approx- imately $1,600 a month for a one-bed- room unit, according to Ivan Baron, executive vice president and general counsel for Roseland. He said the first round of construction, with an approx- imate $60 million price tag, should be complete by November 2017. The first phase of the 145 Front Street at CitySquare development will feature 237 apartments. W