20 Franklin Street

Property Page

20 Franklin Street

20 Franklin Street, Worcester, MA

This building has been redeveloped into a 135,000 square foot mixed-use space that is home to Quinsigamond Community College, Ten24, the IdeaLab, and SnapChef. Plans for a café and gallery along with a black box theater are underway.

Expected to be completed this fall, the project involves the acquisition, gut renovation, and adaptive reuse of five interconnected low-rise buildings plus expanded surface parking.

The site, across the street from City Hall and the Worcester Commons, is near The Hanover Theatre, which reopened in 2008 after being renovated by WBDC using NMTC financing from MHIC, DEI, Citibank, and the Nonprofit Finance Fund. The theater restoration and current project are part of WBDC’s plan for revitalizing a 35-acre section of downtown Worcester.

The completed facility will include:

A new campus for Quinsigamond Community College, the anchor tenant. Relocating from the outskirts of Worcester, the college will utilize most of the complex’s space for offices and classrooms for its Healthcare and Workforce Development Training Center;
A private digital solutions provider relocating from a suburb, bringing 15 new jobs to downtown;
A business incubator (the Technology & Idea Exchange Incubator);
An anticipated 300-seat theater, ground floor café, and store; and,
Surface parking for 250 cars.

25 Federal Street Overview

Last Update: 02/24/21
Permitted Construction:
Construction Status:
Sectors:

Key Data, Images & News

Basic Details

Stories : *
Construction Cost : **********

PRO Data

Sqft of Building : *******
Building Cost/Sqft : *****