News: Front Section
Posted: February 8, 2008
Gateway Park wins 2007 Excellence in Economic Dev. Award
In recognition of its transformation of an underutilized 19th century 12-acre industrial site into a life sciences and biotechnology park, Gateway Park, LLC has won the 2007 Excellence in Economic Development Award for Urban or Suburban Economic Development from the U.S. Department of Commerce.
At a ceremony held at Gateway Park, U.S. assistant secretary of commerce for economic development Sandy Baruah and congressman James McGovern presented the award to Worcester Polytechnic Institute (WPI) president and CEO Dennis Berkey and Worcester Business Development Corp. (WBDC) president David Forsberg. Gateway Park, LLC is a joint venture of WPI and the WBDC.
The building also houses business and commercial entities, including Mass. Biomedical Initiatives (MBI).The park will total 500,000 s/f space designed for research, loft condos and retail spaces. Gateway Park is part of the 55-acre Gateway redevelopment district.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI
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The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein
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The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins
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