By Eric Casey, Worcester Biz Journal

“The Michaels Organization, a New Jersey-based firm partnered with Worcester developer GoVenture Capital Group to construct a 364-unit apartment building on Franklin Street, has purchased the site of the proposed project for $16.55 million.

An entity sharing an address with The Michaels Organization purchased 12 parcels near Franklin Street in Worcester over eight transactions finalized between April 3-7, according to Worcester District Registry of Deeds records.”

Read the full article here.