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Venture forthe downtown
Venture forthe downtown






venture forthe downtown

Called “Faces of Your Downtown,” the series of ads and business profiles aim to reconnect people with the businesses and owners they may have missed while working from home. Venture Richmond has launched a promotional campaign highlighting the people and places that are keeping downtown open for business. ( Images courtesy of Venture Richmond)įollowing a year of civil unrest and a pandemic that has rocked urban centers across the country, a Richmond booster group is looking to change the perception of downtown as a place of empty streets and boarded-up storefronts. Over 40 near-term opportunities throughout Massachusetts and across state agencies and authorities were first highlighted for public-private partnerships, of which 7 are currently under agreement.A sample ad in Venture Richmond’s “The Faces of Your Downtown” campaign. The administration announced the “Open for Business” Real Estate Asset Leveraging (REAL) Strategy in October, which identifies unused or underutilized Commonwealth properties for redevelopment for affordable or market-rate housing, job creation, reduction in government expenses, increased revenue for the Commonwealth as well as local communities, capital investment in state properties, and open recreational space. “This location is ideal for transit-oriented redevelopment and we look forward to the community process which will help determine how the property will be used in the future,” said MassDOT Secretary and CEO Stephanie Pollack. “We know the site can be put to better uses which will enhance the vitality of the surrounding neighborhood and spur economic growth in the adjacent business district while generating own-source revenue that MassDOT can reinvest in our transportation system.” Comments can also be submitted by email to District 6 Headquarters will be relocated or replaced and a scaled-down version of Veolia North America’s steam plant will be included as part of the redevelopment. The first public input session will be held at 6:00 PM on Wednesday, March 2nd in the 1st Floor Conference Room at 185 Kneeland Street. The 5.5 acre parcel at 185 Kneeland Street, bordered by Chinatown, the Leather District and South Station with the Ink Block developments nearby, offers the potential for up to 1.5 to 2 million square feet of redevelopment. Both are collaborating to develop the next round of projects for the pipeline, that in addition to the MassDOT building, includes the development of a jointly-owned property in Lower Roxbury, MBTA-owned parcels in Jamaica Plain and an under-utilized MBTA parking lot near the Mattapan T stop. An additional 3,500 housing units and 2.5 million gross square feet of commercial space are in the project pipeline, which both the state and city are committed to advancing expedited construction, permitting and coordination. The Commonwealth and City of Boston continue to partner in the development of state-owned land, adding 1,300 units of housing (1/3 of which are affordable), and nearly 500,000 gross square feet of commercial space over the last five years.

venture forthe downtown

I look forward to continuing this work with the Baker Administration and members of the community in creating a vision for the development of this site." “This announcement today is yet another example of how a strong partnership between the City and State can bring tremendous economic development benefits to the people of Boston.

venture forthe downtown

"I thank Governor Baker for his willingness to assess the inventory of State-owned land in the City of Boston and identify parcels that, if developed, could help the City achieve its long-term housing and planning goals,” said Mayor Walsh.

venture forthe downtown

“Identifying prospects to redevelop and repurpose underutilized state property to advance economic growth and affordable housing is a valuable avenue to building stronger communities and opportunities for the people of Massachusetts,” said Governor Baker.“We look forward to working together with Mayor Walsh, Veolia, the City of Boston and its residents to optimize this land’s impact and contribution to the neighborhood and city at large.” A broad set of goals will be developed for the site with the engagement of community leaders and residents, which could include economic growth and development, job creation and the addition of more open space and affordable, workforce and transit-oriented housing. Walsh announced a joint state and city venture with Veolia North America to explore the strategic redevelopment of the Massachusetts Department of Transportation’s (MassDOT) District 6 Headquarters and Veolia facility in downtown Boston. BOSTON - Today as part of the Baker-Polito Administration’s “Open for Business” Real Estate Asset Leveraging (REAL) Strategy, Governor Charlie Baker and Boston Mayor Martin J.








Venture forthe downtown