Business

TJX closing 91 AJ Wright stores; remaining ones to be converted

By 
State House News Service
Dec. 10, 2010

TJX Companies, the Framingham-based national retail giant, announced Friday morning plans to cut 4,400 jobs as the company slashes its A.J. Wright division, closing 71 stores, two distribution centers – including one in Fall River – and A.J. Wright’s home office in Framingham.

TJX also intends to convert 91 remaining A.J. Wright into T.J. Maxx, Marshalls or HomeGoods stores, an effort the company says will enable it to focus on its “more profitable” assets.  Read more

Merchants, residents cheers new Main Streets for Mattapan Square

By 
Alex Owens, Special to the Reporter
Nov. 18, 2010

Mattapan Square has finally been designated for a branch of Boston’s Main Streets program, which has helped revitalize several other neighborhood business districts over the last 15 years. As the twentieth  Main Streets district, Mattapan Square’s application was accepted in August of this year and formally designated in early November by Mayor Tom Menino.  Read more

Dorchester Bay, tenant are at odds over Savin Hill site

By 
By Gintautas Dumcius, News Editor
Nov. 18, 2010

In 1994, the Dorchester Bay Economic Development Corporation bought an abandoned five-acre site in Savin Hill, the former home of Boston Insulated Wire and Cable, then secured $14.5 million in funding to clean up the property.

In 2002, local elected officials and neighborhood residents joined the new tenants, executives from the graphic design and printing company Spire, to celebrate the opening of their two-story headquarters.
“For years this was the site of an arson-plagued, abandoned factory,” Mayor Thomas Menino said at the ribbon-cutting. “Now thanks to the hard work and investment by many people and agencies, it’s a model for success.”

Today, as Massachusetts struggles to shake off the lingering effects of the global recession, the Dorchester Bay EDC is laboring to keep their celebrated tenant intact at the 65 Bay St property amid an ongoing legal dispute about the building itself.  Read more

Main Streets' main event: Tiki-Tini set for Nov. 17

By 
Reporter Staff
Nov. 12, 2010

Defying the cold and dark, two local groups are bringing back summer to support economic development in Dorchester. St. Mark’s Area Main Street (SMAMS) and Fields Corner Main Street (FCMS) will host Tiki-Tini – the sixth annual Martinis on the Avenue fundraiser – on Wednesday, November 17, 7 p.m. at the Blarney Stone, 1505 Dorchester Ave, Dorchester.  Read more

Lucky Strike site plan: 3 stories, 22 housing units, commercial space

By 
Gintautas Dumcius, News Editor
Nov. 11, 2010

The site of a longtime Fields Corner bowling emporium will be turned into three-story building with 22 units of housing and space for commercial stores on the ground floor, according to a revised plan that has been shown to neighborhood residents.

“We’re trying to keep this building nice and compact,” said Clifford Boehmer, principal at Davis Square Architects, which is handling the design of the building.
Depending on when they receive financing, project officials hope to start construction next summer, with completion in the spring of 2012.  Read more

Done deal: Caritas Christi closes sale to NY firm

By 
Reporter Staff
Nov. 8, 2010

The sale of six hospitals in the Caritas Christi to an affiliate of a New York capital management firm is complete, officials said Monday.

The finalization of the multi-million dollar deal, with Cerberus Capital Management, LP, comes after sign-offs from the state Supreme Judicial Court, Attorney General Martha Coakley, and the state Department of Public Health. The Vatican and the Archdiocese of Boston also approved the sale, which turns the system into a for-profit institution.

The six hospitals include Carney Hospital in Dorchester, St. Elizabeth’s Medical Center in Brighton, Norwood Hospital, Good Samaritan Medical Center in Brockton, Saint Anne’s Hospital in Fall River, and Holy Family Hospital in Methuen.  Read more

Meeting on Nov. 1 will give Fields Corner community a look at Lucky Strike site plan

By 
Mike Deehan, Special to the Reporter
Oct. 20, 2010

Residents of Fields Corner will get their first look at a revamped proposal to develop the former site of the Lucky Strike bowling alley at Park and Adams streets on Mon., Nov. 1, when the project developers host a meeting for community members and abutters.

Former Fields Corner Civic Association president Hiep Chu will find himself on the other side of the issue at the meeting, having recently left his position with the association and joined the Lucky Strike development team as a paid consultant.  Read more

Public health board approves Caritas sale

By 
State House News Service
Oct. 13, 2010

The state Public Health Council on Wednesday unanimously backed the sale of the non-profit Caritas Christi hospital chain to Steward Health Care System, a subsidiary of the major private equity firm, Cerberus Capital Management.

The proposed transfer of the six hospitals attracted a crowd of about 100 to a council meeting Wednesday morning.  Read more

Long road to market: neighbors get update on Dot Ave. project

By 
Gintautas Dumcius, News Editor
Oct. 13, 2010

The attorney representing the owner of 1188 Dorchester Ave. said this week the property is closer to becoming an “international” supermarket and could open by the end of the year. He defended the owner of the property, Khiet Tran, and said the cost of cleaning up the site, purchased in 2006 and found to be contaminated with chemicals, had skyrocketed to $500,000 and slowed down construction.

At a Tuesday night meeting of the Columbia Savin Hill Civic Association’s planning committee, attorney Kim Woongtae also cited bad weather and bureaucratic red tape as reasons for the construction delay. He also said that the site had been vandalized, with racially-tinged graffiti spray-painted onto some of the remaining windows.  Read more

Codman Square Health Center may purchase Dot Ave. building

By 
Gintautas Dumcius, News Editor
Oct. 7, 2010

The Codman Square Health Center is eyeing the ODWIN Learning Center’s Dorchester Ave. headquarters, officials with the health center said this week. The health center’s board of directors last week gave the go-ahead for the center, located in Peabody Square, to explore a purchase of the property.  Read more