Grounded in a tradition of economic development accomplishment, the WBDC has played a key role in strengthening the Worcester region’s position as an economic leader in Massachusetts. Through targeted investment and strategic partnering, the WBDC brings skills and resources to challenging and complex projects.
The WBDC has been successful in its purpose, creating thousands of jobs, and generating millions of dollars in annual taxes to the region. It has created and maintained good relationships in each community that it has worked, caring as much for what happens in the community as those who live and work there.
There are many reasons for WBDC’s success — vision, competence, an ability to adapt to economic challenges — but perhaps the most important is private-public collaboration."
~Robert Z. Nemeth
Telegram & Gazette
Destination Worcester Video 2014
Welcoming ten24 Digital Solutions to Downtown Worcester
Worcester Office of Software Firm ten24 Has Razzle-Dazzle
WORCESTER — Scribble on the walls, play a game of ping pong, lounge on a sofa.
That's what the employees of software company ten24 Inc. can do at their new office overlooking Worcester Common while working on projects for clients such as Scientific American magazine.
They're also doing something else: staking a small, early claim in a downtown neighborhood dubbed the Theater District where their landlord, the Worcester Business Development Corp., and city officials are anxious to see businesses take root.
"Those who want to incubate and start a business here, we want to give them an environment to do that," said Craig L. Blais, WBDC president and chief executive. "Then we want to help them stay and get launched and steady in the city."
The hopes of the WBDC are pinned on 20 Franklin St., the former home of the Telegram & Gazette. The WBDC, a development agency, is spending $40 million to turn an outdated and disjointed jumble of buildings at the site into a single modern office center with room for Quinsigamond Community College, commercial office space, a business incubator, café and 300-seat theater.
Some of the work is complete. Ink from long-gone printing presses had been removed from basement pits, and large new windows at ground level look out to Franklin Street and an adjacent alley called Allen Court.
Last Updated (Tuesday, 03 February 2015 15:33)