Thursday, March 21, 2019

In the News: Distillery proposal gets Planning Board approval; Franklin man charged with failing fiduciary duty; Worcester ball park build team gets completed

From the Milford Daily News, articles of interest for Franklin:

Distillery proposal gets Planning Board approval
"A proposal to open a distillery in the mill building formerly occupied by the Incontro restaurant took a step forward last week after a positive vote from the Planning Board. 
Town Planner Amy Love reported that the meeting drew a small crowd, but that those who did attend were in favor of the distillery opening at 860 West Central St. (Rte. 140). A 20-day period to appeal the proposal began March 16, she said. 
Love said many people have called her office trying to get in touch with the company seeking the distillery, Brookdale Mill Realty, LLC, whose principals are Franklin residents Patrick and Beth Downing. 
Brookdale is seeking a special permit to distill spirits on-site. The Downings plan to distill many types of alcohol, including vodka, gin and whiskey, and offer a tasting room."
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Franklin man charged with failing fiduciary duty
"A pair of local investment representatives are being charged with fraud after “gambling away” the investment funds of more than 250 clients in high-risk investments, according to a press release from Secretary of State William Galvin’s office. 
James G. Daly, of Franklin, and Michael J. O’Keeffe, of Millis, both of Millis-based Oakdale Wealth Management, LLC, are charged with violating their fiduciary duties to their investors. According to the release, a majority of their victims are Massachusetts residents. 
Galvin said he brought charges against the men and their firm for “gambling away” the investments of more than 250 client accounts. The charges pertained to “high risk” investments in energy such as oil and gas, according to the release."

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Worcester Red Sox ball park build team gets completed
"The final piece of the construction/design team for the city’s ballpark project is now in place. 
In a related matter, offers have begun to be made for the acquisition of properties in the areas of the proposed ballpark site, to be located in the Canal District/Kelley Square area. 
The Worcester Redevelopment Authority board unanimously voted Wednesday to award the construction manager at risk contract for the ballpark project to Gilbane-Hunt, a joint venture. 
The initial award is for $10.8 million and largely covers various “soft costs” and pre-construction services, according to Michael E. Traynor, the city’s chief development officer and chief executive officer of the WRA."

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