The sweeping economic development plan that Gov. Maura Healey signed off on Tuesday calls for an ambitious slate of workforce development initiatives, plus investments in key sectors like the life sciences. But the governor declined to put a price tag on the package that will be put before lawmakers as an economic development bill in the new year.
State officials plan to jump-start the process for creating the administration’s economic development plan next week, a framework that all new governors must produce during their first year in office.
The day before she is to be sworn into office, Gov.-elect Maura Healey continued to build out her Cabinet by naming Yvonne Hao as her secretary of economic development and Jason Snyder as her secretary of technology services and security.
As the election nears, Democrats who control the House and Senate remain unable to agree on how to revive stalled economic development and tax relief plans they once called as essential.
The House on Monday advanced a economic development bill that invests $350 million in hospitals, $100 million in port development, $175 million in housing development and more than $3 billion in other areas, all while rolling out a series of one-time tax rebates and permanent tax breaks.
Many employees have returned to the in-person daily grind more than two years after the pandemic reshaped public life, but economic impacts will be “pretty significant” if even a fraction of the workforce continues to embrace hybrid or remote models, Gov. Charlie Baker said on Thursday.
Legislative action to launch a long-sought passenger rail extension into western Massachusetts “certainly is being considered” among a growing to-do list, Senate President Karen Spilka said Monday, though the exact steps Beacon Hill will take remain unclear with less than eight weeks left for formal lawmaking business.
Gov. Charlie Baker’s latest push to sell off the Hynes Convention Center is poised to slam into opposition from organized labor leaders, who plan to rally against the idea Wednesday afternoon with “hundreds” of hospitality workers who could be affected.
Gov. Charlie Baker’s $3.5 billion economic development bill, traditionally seen as “must-pass” legislation, could potentially become a hot-button topic, a top real estate industry leader warned.
Anyone who has moved the needle in equity work knows how important it is to have a group of leaders who are change makers and unafraid of shifting the system for the better. As Boston Mayor Michelle Wu builds her cabinet, she is letting the city know she means to make change.
Two years after the last effort to develop Roxbury’s long-fallow parcel P3 collapsed, the Boston Planning & Development Agency formally kicked off a new competition Thursday to extend the city’s building boom there.
Following the Boston Red Sox, decision to shutter its Lowell Spinners minor-league affiliate team, city officials hope renovating the team’s former ballpark can help lure a new team back.
The all-out scramble to lure GE’s headquarters to Boston still sticks in my craw. Five years on from that debacle, there’s a budding campaign to officials from throwing away our hard-earned tax dollars on such dubious corporate recruiting campaigns.
Following a terrible year in which our smaller cities bore the brunt of COVID-19, they now face the unexpected chance to position themselves for prosperity, if they can connect more of their residents to long-term stability and opportunities to build wealth.
For-profit and nonprofit developers looking to use any of 10 state grant programs as part of their financing packages will now be able to find them all in the same place.
The state’s quasi-public development agency MassDevelopment will soon be in need of new leadership with CEO Lauren Liss preparing to step down at the end of the year after three years at the helm.
Officials want to attract more life science and advanced manufacturing firms to the Route 3 North area to shore up tax bases, but developers are pushing housing.
Gov. Charlie Baker and Lt. Gov. Karyn Polito unveiled a $275 million COVID-19 economic recovery package to generate economic growth amidst the COVID-19 pandemic Friday morning. The legislation includes a long-stalled zoning reform.
“It’s about a slow but steady transformation. It’s almost like a formula. Keep up with the current businesses you have. Promote the ‘cultural economy.’ Try to attract new businesses.”
From Attleboro to Worcester, Dr. Tracy Corley helps Massachusetts’ Gateway Cities transform the way they do real estate and economic development.
