Share on LinkedInShare on LinkedIn

ARTICLE · 04 OCTOBER 2018

The Time Is Now For Worcester's Economic Development Surge

With investment pumping into current and future developments all over the City, some say that Worcester is experiencing a renaissance.

United StatesStrategy

With investment pumping into current and future developments all over the City, some say that Worcester is experiencing a renaissance. At the same time, some believe that public investment intended to boost this economic development is money poorly spent. These voices include Scott Van Voorhis of Banker & Tradesman, who writes that "no city needs to blow $100 million in a bid to pump up civic pride." He warns readers to heed economists and to allow development to occur on its own with private money, believing that it will eventually get done. But will it? Will the Commonwealth and private companies contribute to the extent they have to other ventures? Not likely.

Perhaps a ball park on its own, without all of the other privately and publicly funded projects surrounding it, such as housing, hotels, restaurants and retail, is a losing proposition. But in combination with all of the other investments, development, redevelopment and energy, investing in the park appears

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from