Worcester Business Journal

wbjournal.com | September 4, 2017 | Worcester Business Journal 7 What's important to Robert: R A banker who understands small businesses R An account with more perks and benefits R A way to deposit checks right from his garage ...so he can keep running on all cylinders. If it's important to you, it's important to us. From solutions that save you time and headaches to accounts that save you money, Webster Five helps small businesses accelerate their growth. Come in for a test-drive. web5.com/business Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF). KHJ23296_WEB-363_BizBanking_Print_5.875x11.25_Robert_MECH.indd 1 1/25/17 6:19 PM Veterans, Inc. opens Shrewsbury site Worcester's Veterans, Inc. has opened Shrewsbury's first veteran-specific addiction treatment and recovery center. Located on 22 acres, the facility - dubbed Independence Hall - includes 70 beds for both inpatient and outpatient addiction treatment services for veterans. The 55,000-square-foot facility, formerly run as a homeless shelter for veterans by the organization, opened after a $2-million upgrade to the complex. Holy Cross plans $92M arts building College of the Holy Cross in Worcester has unveiled plans for a $92-million Center for Arts and Creativity, to serve as the creative hub of campus, offering performance and rehearsal programs for the theater and music depart- ments, and the Cantor Art Gallery. It will include a 400- seat concert hall and a 200-seat studio theater. Historic tavern spared from demolition Worcester's Historical Commission approved renova- tions and an addition to the Stearns Tavern after the 200-year-old building was spared from the wrecking ball. The tavern, located near Coes Park at the intersection of Mill and Coes streets, will eventually be occupied by Worcester nonprofit Seven Hills Foundation, an organiza- tion that provides services for people with disabilities. Northworks buildings to be torn down Two warehouses behind the Northworks complex in Worcester will be demolished to make way for parking. Knocking down the buildings, with a combined roughly 68,000 square feet of space, will allow the rest of Northworks to be renovated and more fully occupied. Grove Street Family Properties, the owner of the two buildings being demolished, owns two larger buildings in the Northworks retail and office development, including 85 Prescott St. and 100 Grove St. W State and local officials -- including Lt. Gov. Karyn Polito (center) -- celebrated the opening of a new veterans treatment center in Shrewsbury in late August. Preservation Worcester opposed the Northworks demolition over concerns with the loss of the historically significant sites, the former Washburn & Moen mill complex.

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