Investors Plan for Apartment, Hotel Project in Worcester

WORCESTER, MA-Michael V. O'Brien, Worcester City Manager, said that a group of investors is planning for a project that will provide a hotel and nearly 350 apartments in downtown Worcester.

By GlobeSt News Hub | August 21, 2012 at 01:01 AM

WORCESTER, MA-Michael V. O'Brien, Worcester City Manager, said that a group of investors is planning for a project that will provide a hotel and nearly 350 apartments in downtown Worcester. The Worcester Telegram & Gazette reported that O'Brien did not reveal the identity of the investors.

CitySquare, situated in downtown Worcester, formerly accommodated the Worcester Common Outlets Mall. Hanover Insurance Group Inc. purchased nearly half of the property in 2010 from Berkeley Investments. For the full story, go to Boston Business Journal .

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

NOT FOR REPRINT

1 Asset Class Forecasts Adjusted for an Unpredictable Market

2 What It Costs to Build Offices That Win Employees Back

3 Shovel-Ready Properties Attract Developers Amid Rising Construction Costs

4 Five Leading Cities for Renters and Five Standouts for Homeowners

5 NYC Doubles Down on Fifth Avenue Revamp With Major Funding Increase

Real Estate
GlobeSt. ELITE Women of Influence (WOI) 2025
July 21, 2025 - Denver

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Real Estate
GlobeSt. Multifamily Fall 2025
October 15, 2025 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information
Consulting
Consulting Top Consultants 2025
June 26, 2025 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information

Mental Health, Wellness Programs Are Key Business Strategy

By Emily Payne | April 29, 2019

Companies are waking up to the impact of mental health on business goals and putting strategies in place to improve.

Mental Health, Wellness Programs Are Key Business Strategy

Landlord Entitled to Limited Additional Rent

By Igor Pleskov and Ian M. Livaich | April 29, 2019

On April 9, the Pennsylvania Superior Court held that a commercial landlord was entitled to recover certain portions of unpaid additional rent under a lease agreement but limited the landlord's recovery based on the statute of limitations.

Landlord Entitled to Limited Additional Rent

How Goodwin Became a Household Name in Startup Community

By Xiumei Dong | April 29, 2019

“We are looking to grow our footprint at this point,” said partner Lynda Galligan, who has led the firm's California growth. “We have everything covered, it's just a matter of growth.”