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Develop Thy Self

Chelsea’s

Economic

Development

Outreach

Model

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I. Know Thy Self

• Are you development friendly?

• Streamlined permitting process in place?

• Development officials on the same page?

• How about elected/appointed & residents?

• Have YOU done pre-development work?

• Do you REALLY know yourself?

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I. Know Thy Self

STREAMLINED PERMITTING• Reorganized inspectors under ISD• Established Major Projects Review

Team• Organized ISD, DPW and Planning &

Development into Operations Depts.• Placed City staff on land use boards

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II. Enable Thy Self

CHELSEA BUSINESS AGENDA 1. Sector Strategy

2. Anchor Projects Program

3. Revolving Loan Fund

4. TIRE Business Program

5. Business Call Program

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II. Enable Thy Self

Sector Strategy• Airport-Related

• Downtown Boston Business Supports

• Back Office

• Health Care

• Food

• Residential

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II. Enable Thy Self

Anchor Projects Program• Parkway Plaza (20 acres)

• Chelsea Waterfront (100 acres)

• Everett Ave Urban Renewal District (60 acres)

• Mystic Mall (25 acres)

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II. Enable Thy Self

TIRE Business Program - EDIP• One-time, 5% state tax credit

• Local property relief from 1-100%

• 100% personal property tax relief

• New Requirement – Interstate Commerce

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II. Enable Thy Self

Revolving Loan Fund• Local loan pool

• MassDevelopment & other quasi-public supports

• Strategic banking partnerships

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II. Enable Thy Self

Business Call Program• Meet individually with businesses

• Address Chamber of Commerce

• Network to reach other businesses, investors and developers

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III. Network Thy Self

• Brokers who know industry or community

• Developers who have successfully developed in the community

• Regional and State officials, including MOBD and MassDevelopment

• Consultants

• Media

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IV. Praise Thy Self

• Use every aspect of your development agenda as a reason to celebrate

• Success begets success

• Reputation is your goal

• Both inside and outside strategy is necessary

• Glossy brochures are nice, but a personal visit is even better!

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Contact

Jay Ash, City Manger

City of Chelsea

500 Broadway

Chelsea, MA 02150

617-466-4100

jash@chelseama.gov