METROPOLITAN AREA PLANNING COUNCIL - MAPC...Photo Credit: Tagxedo.com . Economic Development:...
Transcript of METROPOLITAN AREA PLANNING COUNCIL - MAPC...Photo Credit: Tagxedo.com . Economic Development:...
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M E T R O P O L I T A N A R E A P L A N N I N G C O U N C I L
Economic Development Division
Betsy Cowan
September 19, 2018
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Economic Development in the Inner Core
• How do we incentivize growth while also preserving
affordability for small/medium businesses?
• How can we frame housing as an economic
development tool? How do we meet our housing needs
while balancing the needs of other uses (industrial,
commercial)?
• How do we support an increasingly diverse workforce
and facilitate access to workforce opportunities
throughout the region?
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Economic Development at MAPC
• MAPC’s economic development group provides stakeholders in the region
(municipalities, regional organizations, state entities) with
• equitable economic development plans
• policy analyses
• and wealth creation strategies
with the goal of expanding access to
• quality employment
• entrepreneurship
• and real estate
and works to facilitate the inclusion of these plans, analyses and tools
in government processes.
Photo Credit: Tagxedo.com
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Economic Development: Current Projects
• Economic Development Plans:
• Visioning sessions
• Market Analysis
• Land Use Analysis
• Final report with key next steps
Photo Credit: MAPC
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• Red Line Life Sciences Project:
• Market analysis
• Stakeholder interviews
• Recommendations for recruitment, retention strategies
Photo Credit: 42Floors.com, Social Security Locator
Economic Development: Current Projects
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• Creative Economy Project in Uphams Corner, Boston:
• Strategies to create an Arts & Innovation District to manage
neighborhood change & mitigate displacement
• Research on commercial displacement
• Stakeholder interviews
• Policy and program recommendations
Photo Credit: Boston Calendar
Economic Development: Current Projects
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Economic Development: Current Projects
• Lynn Hospital Re-Use Project:
• Market Analysis (using CoStar)
• Scenario Testing based on current
and potential zoning
• Final recommendations
Photo Credit: The Daily Item
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• Economic Development Administration Grant Assistance:
• Labor market projections to demonstrate project
impact
• Assistance with grant development and
communication with EDA staff
• $3M Chelsea Roadway Improvement Project
Photo Credit: Google Maps
Economic Development: Current Projects
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Economic Development: Future Projects
• Potential Projects:
• Commercial affordability
• Industrial Land Use Analysis
• Housing as Economic Development Tool
• Economic Development network to share
best practices, provide training
• Long-Term
• Equitable Economic Development project
Photo Credit: LoopNet, Natick Center Cultural District
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MAPC Economic Development Division