Business

Another Bank Coming to Centre Street: TD Bank to Open Branch

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Another bank is opening on Centre Street. Currently, TD Bank is building out the space at 725-737 Centre St., according to a building permit posted on the wooden boards covering up the space. The alteration permit says it's to "erect, alter, substantially repair, move, demolish or change occupancy" at the location and states its being done by the tenant for "a new TD Bank" branch. The last bank to take up residence on Centre Street, Chase Bank, is only mere feet away from where the new TD Bank will stand. TD Bank will be the sixth bank within 200 yards of that section of Centre Street.

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Animals

$18M Bond Issued to Fund MSPCA’s New Critical Care Unit

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The MSPCA will use proceeds from a $18,417,298.61 tax-exempt bond issued by MassDevelopment to build a new two-story addition. The MSPCA will use bond proceeds to build and equip a two-story, 9,000-square-foot addition at its Angell Animal Medical Center in Jamaica Plain. The organization will then relocate its ward operations from its existing facility to the addition, creating space for a new state-of-the-art Critical Care Unit, according to a press release from MassDevelopment. MassDevelopment said that TD Bank purchased the bond, which will also be used to refinance previously issued debt. MassDevelopment and TD Bank teamed up in 2016 to help the MSPCA by issuing a $7 million tax-exempt bond, purchased by the bank to help MSPCA renovate their facility.

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