Leaders to Gather for Dedication of New Gateway Park Building
Massachusetts Lt. Governor Tim Murray, Congressman Jim McGovern, Worcester mayor Joseph Petty and Massachusetts Life Sciences Center president Susan Windham Bannister will join community leaders including Worcester Polytechnic Institute president Dennis Berkey and O'Connell Development Group president Dennis Fitzpatrick to dedicate the newest building at Gateway Park, a $32 million, four-story facility that advances the urban redevelopment and economic growth mission of the park.
Following a brief speaking program, media will have access to WPI's Biomanufacturing Education and Training Center and Fire Protection Engineering Research and Burn Laboratory, two state-of-the-art elements of the new building.
May 1, 2013, at 3 p.m.
50 Prescott St. Worcester, Mass.
About O'Connell Development Group
The O'Connell Development Group (ODG) is the entrepreneurial arm of The O'Connell Companies, Inc., a 130-year-old construction and development company headquartered in Holyoke, Mass. ODG has developed, financed, and managed a variety of challenging development projects including industrial, retail, office, housing, and hydroelectric projects throughout New England. In addition, ODG develops and operates biosolid treatment facilities throughout the United States through its subsidiary, New England Fertilizer Company.
About Gateway Park
Gateway Park is a reclaimed industrial area first developed as a joint venture of Worcester Polytechnic Institute (WPI) and the Worcester Business Development Corporation (WBDC). WPI became the sole owner of the park in 2010. To date, WPI has committed $110.5 million to Gateway Park. Federal investments in infrastructure improvements, research funding, and brownfields cleanup total nearly $23 million. Located in Worcester, near the intersection of I-190 and I-290, Gateway Park is a 12-acre, mixed-use campus project with five buildings planned totaling 500,000 square feet of flexible, adaptable lab and office space designed to meet the needs of research organizations and growing companies. Gateway Park is part of the larger 55-acre Gateway Redevelopment District, and it is the anchor of the first Growth District designated by the Commonwealth of Massachusetts for life sciences and related economic development.