MAPC AND REGIONAL ECONOMIC DEVELOPMENT

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1 MAPC AND REGIONAL ECONOMIC DEVELOPMENT METROPOLITAN PLANNING ORGANIZATION BOSTON, MASSACHUSETTS JANUARY 5, 2012

2 MAPC AND REGIONAL ECONOMIC DEVELOPMENT ROLE REGION PROJECTS

3 MAPC ECONOMIC DEVELOPMENT DIVISION Department of Smart Growth Planning Environment Land Use Planning Transportation Economic Development Housing ROLE REGION PROJECTS

4 MAPC ECONOMIC DEVELOPMENT DIVISION Department of Smart Growth Planning Environment Land Use Planning Transportation Economic Development Housing ROLE REGION PROJECTS

5 ECONOMIC DEVELOPMENT DISTRICT MAPC is the EDA s federally designated Economic Development District BOSTON REGION EDD JOB GENERATION AND RETENTION COMMERCIAL/INDUSTRIAL GROWTH LOCALLY AND REGIONALLY BASED STATEGIES ROLE REGION PROJECTS

6 ECONOMIC DEVELOPMENT DISTRICT MAPC s role as the EDA Economic Development District for the Boston Region: Organize and develop regional economic development priorities Develop and maintain the Comprehensive Economic Development Strategy (CEDS) Advance projects through EDA funding application process: Fraunhofer Center for Sustainable Energy Systems i6 Green New England Clean Energy Foundation ROLE REGION PROJECTS

7 METROFUTURE Economic development that supports... Targeted sectors or clusters GLOUCESTER MARITIME ECONOMY Small businesses DOWNTOWN STOUGHTON Minority and immigrant entrepreneurs LYNN IMMIGRANT ENTREPRENEURSHIP... in strategic places. TRANSIT-ACCESSIBLE SERVED BY EXISTING INFRASTRUCTURE EXISTING POPULATION AND EMPLOYMENT DENSITY ROLE REGION PROJECTS

8 THE REGION ROLE REGION PROJECTS

9 DEVELOPMENT DATABASE Projects completed or under construction as of 2010 Legend Est. Employment-Recent/Under Const ,379 ROLE REGION PROJECTS

10 DEVELOPMENT DATABASE Planned projects Legend Est. Employment-Planned ,379 ROLE REGION PROJECTS

11 DEVELOPMENT DATABASE Planned projects Legend Est. Employment-Planned ,379 ROLE REGION PROJECTS

12 LOCAL ECONOMIC DEVELOPMENT PROJECTS GLOUCESTER BOSTON STOUGHTON PROJECTS ROLE REGION PROJECTS

13 GLOUCESTER ECONOMIC DEVELOPMENT VISIONING AND CLUSTER ANALYSIS PARTNER/FUNDER Economic Development Administration OBJECTIVE Target and strengthen the maritime cluster in Gloucester OUTCOMES Cluster analysis Asset identification Stakeholder visioning and facilitation Continued stakeholder conversation Recommendations to increase maritime industry cluster presence in Gloucester PROJECTS ROLE REGION PROJECTS

14 FRAUNHOFER USA CENTER FOR SUSTAINABLE ENERGY SYSTEMS PARTNER/FUNDER Economic Development Administration OBJECTIVES Promote commercialization of sustainable energy techologies and efficient energy systems Support Fraunhofer research and develoment labs OUTCOMES Groundbreaking of Fraunhofer CSE Continued MAPC/Fraunhofer partnership to promote clean economic development PROJECTS ROLE REGION PROJECTS

15 DOWNTOWN STOUGHTON MARKET STUDY & IMPLEMENTATION PLAN PARTNER/FUNDER South Coast Rail Corridor Planning Process OBJECTIVES Assess and strategize for downtown revitalization OUTCOMES Retail & housing market study Streamlined permitting assessment Business organization PROJECTS ROLE REGION PROJECTS

16 THANK YOU! QUESTIONS AND ANSWERS

17

18 METROFUTURE PROJECTIONS Legend Projected Change in Employment, More than 250 employment loss 50 to 250 employment loss -49 to +50 employment loss/gain 51 to 250 employment gain 251 to 1,000 employment gain 1,000 to 6,000 employment gain

19 DEVELOPMENT DATABASE Recent projects/under construction Legend Est. Employment-Recent/Under Const ,379

20 DEVELOPMENT DATABASE Planned projects Legend Est. Employment-Planned ,379

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