The Worcester Business Journal recently highlighted AHF's pending purchase agreement for the Worcester Memorial Auditorium in an article on recent investment in Lincoln Square. The Aud is one of three historic buildings in the square that are slated for redevelopment by Boston-based companies and organizations. The other two include the former Worcester County Courthouse - currently under construction to become a $58-million apartment project - and the old Lincoln Square Boys Club, potential educational, office, medical, or biotech space. The Journal describes the Aud as "arguably the most historic out of the three," and AHF's project as "the most ambitious."
Read the full article here: https://www.wbjournal.com/article/at-least-170-million-worth-of-redevelopment-projects-could-transform-lincoln-square?utm_source=Newsletter&utm_medium=email&utm_content=Three+Lincoln+Square+projects+%7C+Worcester+s+biotech+cluster&utm_campaign=Daily+061119
It's no secret to Worcester residents that their city is booming - and now the the truth is even more widely known, thanks to NPR:
Worcester already has a lot to offer - culture, community, colleges, commerce - and it may soon have even more. The Telegram & Gazette reports on efforts to establish a Business Improvement District downtown:
A group of downtown property owners is asking the City Council to allow the establishment of a Business Improvement District that would encompass roughly 78 acres downtown. Such a district, which is allowed under state law, would provide business and property owners with a legal mechanism for collecting and allocating self-imposed fees via an annual assessment. The money could be used to fund a variety of “public realm” improvements in the district, such as enhanced street sweeping, sidewalk power washing, sidewalk snow removal, landscaping, removing stickers and other paraphernalia from streetscape furniture, public safety enhancements, beautification projects and marketing.
Read the full story here: https://www.telegram.com/news/20181015/bid-for-downtown-improvement-district-heads-to-worcester-council
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