Worcester Business Journal

6 Worcester Business Journal | April 30, 2018 | wbjournal.com AC Hotel opens on Worcester's Front Street e 170-room AC Hotel by Marriott on Front Street in Worcester opened officially on April 19. e 120,000-square-foot hotel, which will be managed by New Hampshire hotelier Colwen Hotels, includes 7,000 square feet of meeting space, a 24-hour fitness center and free Wi-Fi. Worcester firm to pay $125K over tax lien fees Worcester tax lien purchaser Stage One Investors LLC will pay $125,000, including in restitution to about 100 Central Massachusetts homeowners, to settle allegations it collected unlawful fees in connection with its purchase of property tax liens, according to Attor- ney General Maura Healey. Massachusetts cities and towns sell delinquent tax debts to private entities. Laws limit fees and other amounts that tax lien holders can charge homeown- ers to pay the lien and stop tax foreclo- sures. Stage One allegedly violated that law by charging excessive and unlawful fees to homeowners seeking to pay their debts. Oxford dispensary is 2nd in Worcester County Medical marijuana firm Curaleaf, with dispensaries in five states, has found a new home in Worcester County by opening a dispensary in Oxford. Curaleaf is the second company to open a medical marijuana dispensary in Worcester County. Cultivate Holdings opened a Leicester dispensary last fall. 2ovens closes in after Bertucci's bankruptcy A concept restaurant in Shrewsbury from Bertucci's called 2ovens has closed as part of the Northborough chain's bankruptcy filing. e Shrewsbury location was set out to be the first 2ov- ens location of what was planned to be several, but no others opened. T H E T I C K E R $298 million Marlborough medical device maker Boston Scientific's first quarter net income Source: Boston Scientific State funding in a life sciences bill for UMass Medical School and UMass Lowell to conduct a neuroscience project $50 million Source: State House News Service 329,000 Source: Up For Growth Number of new homes Massachusetts needs to meet consumer demand Numbers of users who can be accommodated on the DCU Center's new Wi-Fi system 10,000 Source: DCU Center B R I E FS The AC Hotel by Marriott in Worcester Continued from previous page Worcester Art Museum plans Higgins exhibit e Worcester Art Museum is giving a permanent home to the antique weapons once held at the Higgins Armory with the help if a $40,000 grant from the Na- tional Endowment for the Humanities. e collection of arms and armor was acquired by the museum in 2014 aer the John Woodman Higgins Armory in Worcester closed. e objects include arms, armor, and metalwork from around the world dating back to the 15th century. Framingham State secures largest donation A Framingham State University facul- ty member and her husband have given the largest financial gi in the universi- ty's history, about $2.4 million. e gi from Halcyon Mancuso Krebs and her husband, omas Krebs, will provide full-ride scholarships for students in the humanities and social sciences. Students will be eligible start- ing in the fall of 2019. CLIENT: NOT-FOR-PROFIT SCHOOL & FOUNDATION Their 403(b) re rement plan was riddled with inefficiencies, lacking adequate record keeping and employee educa on, resul ng in a program that was complex and confusing. H&H clarified the road ahead with an in-depth benchmarking study, then provided a lower-cost plan streamlining administra on and reducing risk exposure. Get the full story at hhconsultants.com/success Put our knowledgeable and dedicated professionals to work for your business. We offer a full range of comprehensive actuarial, investment advisory and re rement plan consul ng services. We iden fy each client's need, custom design programs to achieve the highest level of success and consistently exceed expecta ons. RETIREMENT PLAN SERVICES THAT PASS THE TEST Each client's situa on is different and results may vary from those presented here

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