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
Colleges in the Core
Youth, energy and ideas are a marvelous mix, and can be found on any college campus. Worcester is wise to try to draw more of that to downtown.
Craig L. Blais, president and chief executive officer of the Worcester Business Development Corp., last week called on local colleges and universities to become a larger part of revitalizing the city's core.
He's right. Now is the time for colleges to stake their claim for classroom space and/or housing options in a downtown that already has a solid MCPHS University presence, and will soon feature Quinsigamond Community College's imprint. Becker College has leased student housing on Franklin Street.
We don't need to take Urban Development 101 to appreciate that synergy in a city happens best in a central location where cultural, educational, recreational, civic, shopping and transportation meet.
Last Updated (Thursday, 17 April 2014 09:28)
Worcester development official urges colleges to invest in downtown
By Bob Kievra TELEGRAM & GAZETTE STAFF
WORCESTER — The president and chief executive officer of the Worcester Business Development Corp. today asked the city's colleges and universities to make an investment in downtown Worcester, saying a thriving central core aids the city's educational institutions.
Less than a month after closing on a $37 million financing package that will bring 1,500 Quinsigamond Community College students downtown, Craig L. Blais asked the city's other institutions of higher learning to consider it as a place to do business.
"I'm calling you to action," Mr. Blais said to an audience of 200 today at the WBDC's annual meeting at the Hanover Theatre for the Performing Arts. A robust downtown is a key selling point for colleges and universities recruiting students, he said.
"We need you downtown, we need you desperately downtown. In the past year we came knocking on your door, and some of you, gently, have opened the door," he said.
Last Updated (Thursday, 17 April 2014 09:35)