News

Former Worcester State Hospital To Be Biotech Space

Public Domain

The Commonwealth has tapped the Worcester Business Development Corp to develop 500k SF of biotech space from the former Worcester State Hospital, which has been empty for more than 25 years. The redevelopment is part of the Commonwealth's Open for Business Initiative, the goal of which is to redevelop underutilized state assets, the Boston Business Journal reports.

The Worcester State Hospital—formerly called the Worcester Insane Hospital and the Worcester Lunatic Asylum—was one of the first state insane asylums in the country. It opened in 1830 and closed in 1991. The property is depicted here on an early 1900s postcard. The Worcester Business Development Corp hopes to complete the redevelopment in two and a half years. [BBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Boston Newsletters
Related Stories

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

Developers Line Up To Convert Boston Offices To Housing, But Most Still Stuck At Starting Gate

NYC Office Investor Warns It Could Go Under As Defaults Pile Up

Deutsche Bank Takes 5 Floors At Oaktree And Quadrant's Canary Wharf Scheme

Coconut Grove Office Flipped For $15M Gain After One Year

D.C.'s Office Market Is Getting A Makeover

State's High Court Allows $325M Boston Soccer Stadium Project To Proceed

Oxford Properties Pays $435M For Boston Office Tower, Eyes More Deals

AvalonBay, Equity Residential Selling Boston Towers As Part Of Merger Settlement

Suburban Industrial Campus Trades For $47M: The Boston Deal Sheet

Judge Rules FBI Can't Scrap Maryland Headquarters Plan

EXCLUSIVE: Opal Holdings' Former 700K SF Suburban Chicago Office Campus Hits The Market