Gateway Park is a 11-acre development located in Worcester’s North Main Street area. It is a starting point for the community’s biotechnology and life sciences industry which gives further opportunities to the Worcester science community.
Read moreThe Hanover Theatre for the Performing Arts is a prime example of Worcester community partnerships. This historical landmark has added to the cultural environment since its opening in 1904, and its remodeling in 2008. It is a local destination.
Read moreThe Massachusetts Biotechnology Research Park was built in 1985- one of the first parks in the country devoted exclusively to biotechnological sciences. The Park’s occupants range from internationally known leaders to smaller groups of innovators.
Read moreWelcome to the WBDC! The Worcester Business Development Corporation was founded by people from your community, for your community. It works as a collaboration between public and private sectors to create a healthy economy in the Worcester area. We do this by recognizing and reacting to challenges in the local economy. Our main goal is to assist in the development of businesses in Worcester and foster growth of entrepreneurs in the area, as well as expand the tax base and promote employment opportunities. We are your neighbors, your support system, your friends.
“For those contemplating complex and challenging development projects, there is no better partner than the WBDC. Their dedicated and knowledgeable staff approach projects with tenacity and creativity. The WBDC shepherds projects from inception through completion tackling challenges ranging from historic restoration, brownfields cleanup and tax credit financing. The successful redevelopment of 332 Main Street would […]
“Galaxy Development and Galaxy Life Sciences are honored to be chosen by the WBDC to complete the development of The Reactory biomanufacturing park in Worcester. The new buildings will add several hundred jobs to the City and substantial tax revenue. What the WBDC has been able to accomplish creating the park from the former State […]
“The WBDC has been instrumental in many of the major development efforts in Central Massachusetts, for over 55 years. Franklin Realty Advisors LLC has partnered successfully with the WBDC for over 30 of those years. Their efforts over many of those years has resulted in an enormous economic impact in the area of positive economic […]
“The WBDC has successfully facilitated several regional initiatives that have created jobs for residents in Central Massachusetts and resulted in economic spin-off for the Worcester Region. The Hanover Theater is a spectacular example of the type of public-private partnerships that the WBDC has forged to stimulate economic development. The Hanover Theater attracts hundreds of thousands […]
“The Worcester Business Development Corporation has worked closely with Quinsigamond Community College to enable the college to expand its specialized educational and training facilities. WBDC and QCC have always worked as ‘hand and glove’ organizations. The college has focused on developing a workforce to support regional business development, while WBDC has worked to ensure the […]
“Throughout the past 15 years I have had the opportunity to work with the WBDC in various roles that I have held as Mayor of Worcester, Lieutenant Governor, and now president and CEO of the Worcester Regional Chamber of Commerce. Throughout that time, the WBDC has been leading transformative collaborations with local business institutions and […]
“The Worcester Business Development Corp has been at the forefront of many of the major economic development projects that have created thousands of jobs and millions of dollars of tax base for Worcester, Central Mass and the Commonwealth. MBI has had the pleasure of working with the WBDC on projects ranging from the Biotechnology Research […]
“WBDC was a key partner in the $32 million dollar historic restoration of The Hanover Theatre in 2007-2008, and has been a strong ally ever since. The WBDC’s Theatre District initiative, began with the creation of a master plan for the district in 2012, is intended to leverage the theatre’s 200,000 annual visitors to build […]
“For many year WPI worked in close partnership with the WBDC on making The Gateway Park project a reality. In fact, it was the WBDC’s initial vision that ignited WPI’s own passion for this project, leading to the university’s investment of more than $110 million thus far. Working together, we transformed a blighted and underutilized […]
“The WBDC has played a key role in the development of Worcester, with a strong focus on rehabilitating contaminated properties and buildings. Out of the numerous projects they have accomplished, a few stand out, helping to establish Worcester as a leader in the biotech and life sciences industries as well as home to world-class performing […]