Worcester Business Journal

6 Worcester Business Journal | August 21, 2017 | wbjournal.com B R I E F S Tax break slated for Kelley Square facility A planned $21-million residential and public market development on Kelley Square in Worcester has been recom- mended for a tax break to save developer Allen Fletcher $838,000 over 10 years. The City Council's economic develop- ment committee voted unanimously in August to recommend the full council approve the deal at its Sept. 5 meeting. Playground supplier moving to Medway A playground supplier is moving into Medway from Medfield, after town plan- ners approved a new 10,500-square-foot office and storage space for the company. Town planners approved the new facility for M.E. O'Brien and Sons, a sup- plier and designer of outdoor play- ground equipment and landscape. The firm, which calls itself the largest suppli- er of outdoor recreation equipment in New England, is relocating its corporate offices from Medfield to a one-acre space in a business park on Trotter Drive in Medway, about a mile from I-495. T H E T I C K E R 2.7% Increase in pay for workers in the Worcester-Boston area from June 2016 to June 2017 Source: U.S. Bureau of Labor Statistics 1,000 Source: Hanover Insurance Group Greenhouse gas emissions reductions in Massachusetts from 1990 levels 21.3% Median price of pending single-family home sale in Massachusetts $405,000 Source: Mass. Association of Realtors MassDevelopment buys Main Street building State agency MassDevelopment has bought a former pawn shop building at 526 Main St. and will make facade upgrades before seeking redevelopment. The property, at the corner of Chatham Street between City Hall and the Hanover Theatre, sits in a stretch of downtown the city wants to transform under a downtown revitalization plan. MassDevelopment bought the two- story building for $800,000. The site was owned by a trustee, Lois A. Rizzo, and assessed at $1.1 million. The 18,000 square foot building was built in 1925. Accounts the Hanover Insurance Group was selected to exclusively underwrite for accounting firms Continued from previous page MassDevelopment bought this Worcester building for $800,000. Source: Massachusetts Department of Environmental Protection MECHANICS HALL 321 Main Street, Worcester, MA 01608 Bookings: 508-752-5608 . Tickets: 508-752-0888 Fax: 508-754-8442 . info@mechanicshall.org . www.mechanicshall.org Built in 1857 ~ National Register of Historic Places Proud to Serve Our Community as the "Best Venue for Corporate Events!" Thanks for the votes of confidence! MECHANICS HALL 321 Main Street, Worcester, MA 01608 Bookings: 508-752-5608 . Tickets: 508-752-0888 Fax: 508-754-8442 . info@mechanicshall.org . www.mechanicshall.org Built in 1857 ~ National Register of Historic Places

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