Brownfields Redevelopment Fund Annual Report
Transcription
Brownfields Redevelopment Fund Annual Report
MassDevelopment Organizational, Financial, and Community Leverage Brownfields Redevelopment Fund Annual Report Fiscal Year 2011 M E S S A G E MESSAGE FROM MASSDEVELOPMENT AND THE BROWNFIELDS ADVISORY GROUP In the dead of night on January 12, 1987, a fire raged through the historic Kerr Mill in Fall River. While the nearby Flint neighborhood was saved, the fire reduced the 19th century manufacturing complex on a 33-acre waterfront site to a pile of rubble. Who at the time would have thought that one day the land would be reclaimed, redeveloped for the 21st century economy, and enhanced by a park and public walkway along Watuppa Pond? The Brownfields Redevelopment Fund, created and capitalized by the Massachusetts state legislature, creates the organizational, financial, and community leverage necessary to accomplish such big goals. The Fund brings together talented people who work collectively to accomplish major environmental and economic development projects. Accordingly, we can summarize the theme of the 2011 Brownfields Redevelopment Fund Annual Report in the single word of leverage. As you read the case studies in this Report, you can see the diversity of uses that the Brownfields Redevelopment Fund leverages. In addition to the Fall River example above, the Fund: in Lynn helped a healthcare provider determine that conversion of an adjacent parking lot could enable an expansion so that the provider can serve more than 13,000 additional patients; in Worcester helped transform a vast contaminated industrial wasteland into a biotech incubator; Front and Back Cover Photo Credit – Box Works Homes, Chelsea (story page 10) in Chelsea helped finance the creation of the Box District, now an entirely new neighborhood of 300 homes with attractive open spaces and streetscapes; in North Adams leveraged resources to transform an historic factory near the downtown into green and sustainably designed homes. The Brownfields Advisory Group supports collaboration at multiple levels to achieve important environmental and economic development goals. We want to pay particular tribute to two outstanding members of our Group who have recently moved on to new positions at the Department of Environmental Protection. We thank Catherine Finneran, who has served as DEP Brownfields Coordinator since the inception of the program, and Benjamin Ericson, who has administered the Brownfields Covenant Not to Sue Program in the Office of the Attorney General. We also welcome their able replacements to the Brownfields Advisory Group – Kerry Bowie, the new DEP Brownfields Coordinator, and Bill Pardee, now responsible for the Brownfields Covenant Not to Sue Program. We hope you are intrigued by the stories in this Report that show how the Brownfields Redevelopment Fund has created organizational, financial, and community leverage throughout the Commonwealth. To learn how the Fund may be able to help you with your projects, contact MassDevelopment at www.massdevelopment.com or 800-445-8030. We look forward to working with you. Respectfully, Marty Jones Vivien Li President & CEO Chair MassDevelopment Brownfields Advisory Group O V E R V I E W BROWNFIELDS REDEVELOPMENT FUND The Brownfields Redevelopment Fund encourages development in economically distressed areas of the Commonwealth by providing loans and grants to finance environmental site assessments and cleanup. While focusing on abandoned or underutilized land, the Fund can leverage many additional resources and benefits beyond the assessment and remediation of contamination. $61,463,682 cumulative investment The Brownfields Advisory Group, established by statute to provide policy advice and assist with the preparation of this Report, has identified numerous ways in which the Fund provides additional benefits of leverage. The completed economic development projects described in this Report show how the Fund has created organizational, financial, and community leverage by remediating and redeveloping challenging sites. 538 sites in 104 cities and towns The Fund creates organizational leverage when MassDevelopment and other organizations work together to coordinate the use of resources to remediate and redevelop contaminated land. Organizational leverage may include the participation of private sector developers, nonprofit organizations, municipal officials, and state agencies such as the Executive Office of Housing and Economic Development, Department of Environmental Protection, Department of Transportation, and the Office of the Attorney General. The U.S. Environmental Protection Agency (EPA) and other federal agencies add significant resources to address brownfields cleanup and redevelopment of high-priority sites. O R G A N I Z AT I O N A L , FI N A NC I A L , A 3 $22,661,548 Invested in Greater Boston The Fund creates financial leverage when the pre-development work of assessment and remediation opens up the opportunity for private and public capital to invest in redevelopment projects on brownfields sites that had previously remained untouched. After site cleanup, banks can lend for construction, financial institutions may invest for the long term, and public agencies such as MassDevelopment can offer an array of financial products and economic development tools. $13,523,948 Invested in North Region Brownfields Redevelopment Fund July 1, 2010 through June 30, 2011 The Fund creates community leverage when the remediation and redevelopment of a brownfields site creates value in surrounding properties by removing the negative influence of a blighted property, changing the image of a residential neighborhood or Total Approved Awards 0$6,063,638 downtown, and encouraging investment by property owners and Number of Approved Awards 00,,0000037 financial institutions in places that previously had no future Total Closed Awards 0$6,665,848 prospects. Number of Closed Awards 00,,0000042 Award Disbursements 0$3,754,237 Award Repayments 0$1,477,935 changed the landscape in many Massachusetts communities. Number of Awards in the Pipeline 00,,0000018 Since the inception of the program, MassDevelopment has used Total Awards in the Pipeline 0$5,606,733 $61,463,682 from the Fund at 538 sites in 104 cities and Reserve for Priority Projects $13,771,300 towns. $13,523,948 has been made available for site Reserve for 43D Projects 0$4,532,170 $9,096,258 Invested in West Region The Brownfields Redevelopment Fund’s power of leverage has assessment and remediation in the North Region; $22,661,548 in Greater Boston; $8,700,471 in the Central Region; $9,096,258 in the West Region; and $7,481,457 in the South Region. More than 200 redevelopment projects are in progress or have been completed on former brownfields sites. A list of the MassDevelopment grants and loans from the Brownfields Redevelopment Fund for sites in the Commonwealth’s cities and towns is posted on the MassDevelopment web site at www.massdevelopment.com. $8,700,471 Invested in Central Region This Report lists the 42 grants and loans from the Fund that MassDevelopment closed in fiscal year 2011. This Report also describes projects that exemplify how organizational, financial, and community leverage have accomplished the creation of a variety of uses and benefits, including the creation of space for offices, research and development, and other commercial activities; community health services; housing for families and low-to-moderate-income individuals of all ages; and amenities such as recreational open spaces for public use. $7,481,457 Invested in South Region ND COMMUNITY LEVERAGE S O U T H 275 MARTINE STREET AND THE SOUTH COAST REASEARCH & TECHNOLOGY PARK, Fall River Kerr Mill was a classic Massachusetts mill complex built by the Kerr Thread Company in the late 1800s on a 33-acre site near the Watuppa Pond in Fall River. After the departure of the original owner, the building hosted a variety of manufacturing and retail companies until the night of January 12, 1987 when a fire ripped through the complex, destroying most of the structures and displacing six businesses and one thousand workers. An economic disaster, the fire posed an enormous challenge for this South Coast city. The cost of demolishing the remnants of the buildings, removing the debris, and cleaning up the petroleum products and other contaminants in the soil and groundwater stymied site redevelopment. The site remained blighted for more than a decade. One mill building at 275 Martine Street, adjacent to the Kerr Mill, was damaged but not destroyed by the fire. The Carrigg family, owners of a real estate development and management company in Fall River, purchased the building with a plan to renovate the space for offices and commercial businesses. Shortly after work began on the renovation, heating oil waste was discovered in the groundwater and subsoil of the property. The contamination blocked a bank construction loan to finance the renovation of the building, and the project stalled. In 2001, MassDevelopment used the Brownfields Redevelopment Fund to make two loans to the developer, first a $50,000 site assessment loan and then a $440,000 remediation loan to clean up the petroleum contamination. These Brownfields loans A total of $990,000 in loans from the Brownfields Redevelopment Fund contributed to the remediation of soil and groundwater following the Kerr Mill fire in Fall River. This investment leveraged more than $20 million in real estate development projects where 690 people now work. The loans were subsequently repaid to the Fund. Fall River developer Bob Carrigg told the Brownfields Advisory Group that “without the Brownfields Fund, we would not have been able to renovate the property at 275 Martine Street.” provided $500,000 from the Brownfields Redevelopment Fund, which was combined with resources from the City of Fall River, the Massachusetts Department of Environmental Protection, and the Massachusetts Business Development Corporation to pay for the cleanup. The $500,000 was later repaid to the Fund. provided financial leverage essential to the success of the mill building renovation. With the contamination remediated, a local bank made a loan to finance the renovation of the building. Today, 275 Martine Street is home to 20 companies and 185 employees, including MassDevelopment’s South Regional Team Office. As the developer, Bob Carrigg, told the Brownfields Advisory Group when they met and toured the site, “Without the Brownfields Fund, we would not have been able to renovate the property.” The brownfields loans have been repaid, and the money has been returned to the Fund for future assessment and remediation of other sites. Following the remediation, MassDevelopment went on to install new infrastructure and build a 60,000 square foot facility, which now serves as the University of Massachusetts Dartmouth’s Advanced Technology & Manufacturing Center and a manufacturing facility for Celldex, a biotechnology company. A waterfront park and a bike path were created along the Watuppa Pond for employees and the public. Redevelopment of the 33-acre Kerr Mill site was undertaken in 1999 thanks to the state legislature. An appropriation provided $5 million to MassDevelopment to acquire the site, demolish remaining structures, remove the debris, and create a redevelopment plan. The success of this redevelopment leveraged additional private investment by Medical Information Technology, Inc., a global leader in the health care information systems industry. MEDITECH purchased 17 acres of the 33-acre site and built a 128,000 square foot facility that employs more than 450 workers. MassDevelopment worked with the Fall River Redevelopment Authority, the City of Fall River, and the University of Massachusetts Dartmouth to craft a plan to develop the site as a research and technology park. Implementation of the plan began with the cleanup of the organic and petroleum waste in the soil and groundwater. MassDevelopment The transformation of the former Kerr Mill site into a modern technology park with public amenities is an excellent example of the ways the Brownfields Redevelopment Fund can create organizational, financial, and community leverage. 5 N O R T H LYNN COMMUNITY HEALTH CENTER, Lynn The Lynn Community Health Center opened an addition to its facility in downtown Lynn in the fall of 2011. The Center provides comprehensive health care to all in Greater Lynn. According to Executive Director Lori Abrams Berry, the expansion allows the Center to consolidate its operations in a central location and support its capacity to serve more than 13,000 additional patients. The project began with an environmental assessment of the property, at the time owned by the Lynn Economic Development and Industrial Commission and used as a parking lot. MassDevelopment provided the Lynn Community Health Center with $8,175 from the Brownfields Redevelopment Fund for a site assessment, to determine if any contamination existed, and a $6,025 predevelopment loan for a geotechnical study. Both the brownfields site assessment and predevelopment study helped the Center to determine that the site was suitable for expansion. The initial Brownfields and Predevelopment financing leveraged participation by private and public organizations to provide the financing for the new 163,000 square-foot structure. These included Partners Health Care, which provided a $3 million grant, and MassDevelopment, which provided New Markets Tax Credit financing of $11.5 million and issued a $6.5 million bond purchased by Cambridge Savings Bank to pay for the addition. The expansion project will have a major economic and social impact on the region, both economically and socially, and will contribute to Lynn’s revitalization by improving the appearance of Union Street and bringing additional visitors downtown. Early stage Brownfields Redevelopment Fund money and a predevelopment loan helped to leverage the financing for this $18.8 million project. The Lynn Community Health Center expansion resulted in the creation of 100 jobs and the capacity to serve 13,720 additional patients. 7 C E N T R A L GATEWAY PARK DISTRICT, Worcester The Gateway Park District is a 55-acre former industrial site in downtown Worcester that is being transformed into a mixed-use redevelopment with a heavy emphasis on biotechnology and the life sciences. When fully developed, the District will include 500,000 square feet of laboratory and R&D space, and will employ more than one thousand people. Commercial offices, restaurants, a hotel, and housing are all part of the master plan for the District. Since 1999, MassDevelopment has worked cooperatively and collaboratively with the Worcester Business Development Corporation (WBDC) and Worcester Polytechnic Institute (WPI) on this key economic development project. Phase I of the redevelopment centered on an 11-acre site used primarily in the past for industrial manufacturing. One parcel contained an electro-plating company. Gateway Park LLC received three loans totaling $749,564 through the Brownfields Redevelopment Fund as well as additional financing from a U.S. EPA loan fund administered by the City of Worcester to pay for the environmental assessment and the clean-up of oil, hydrocarbons, organic solvents, and metals. After remediation of the environmental contamination, the redevelopment projects could proceed. In 2009, WPI completed construction of a 120,000 square-foot Bioengineering and Life Sciences Center financed with the proceeds of a $40 million tax-exempt bond issued by MassDevelopment. A second 92,000 square-foot life sciences building owned by a private developer is currently under construction. This new building has received an $8.45 million allocation of New Markets Tax Credits from MassDevelopment and a $14.5 million Recovery Zone Bond issued through MassDevelopment. A 600-space parking garage and paved surface parking comprise the remainder of the 11-acre parcel. In the Gateway Park District in Worcester, more than $1,100,000 from the Brownfields Redevelopment Fund made possible the clean-up of two major land parcels plus an additional site adjacent to the District. The project has leveraged more than $97 million of public and private investment. The new projects underway in the District testify to the impact of private investment leveraged by this redevelopment project on a former brownfields site. In 2009, PA Development LLC received $17,250 from the Brownfields Redevelopment Fund to finance an environmental site assessment of the neighboring property at 95-99 Prescott Street. PA Development plans to renovate the four contiguous buildings to create office and laboratory space to support Worcester-based life science businesses. Across the street from WPI’s Gateway Park, New Garden Park, Inc. (an affiliate of WBDC) is working to redevelop the former Worcester Vocational High School property into 67 units of housing, of which 50% will be affordable. The Brownfields Redevelopment Fund provided a $400,000 loan for this project in order to remove in-ground oil contamination. The need to demolish the buildings to reach the contaminated soil was met by the EPA and the WBDC to assist in the cleanup of the site. With remediation efforts nearly complete, a private developer is expected to begin construction of the $30 million housing project in the spring of 2012. To date, the Gateway Park redevelopment project has leveraged more than $97 million of public and private investment. This new mixed-use community represents one of the largest urban development projects in Central Massachusetts. 9 B O S T O N CHELSEA BOX WORKS, Chelsea Chelsea’s newest neighborhood has sprung up just steps from City Hall. The Box District, named for the box manufacturers that began operating in the area in 1903, had long been dormant after industrial activity slowed in the 1970s. The decline resulted in blight, disinvestment, and rising crime rates. In the 1990s, the City of Chelsea identified the area as a prime candidate for redevelopment. Chelsea Neighborhood Developers (CND), a local community development corporation, began in the early 2000s to work with neighborhood residents, the City, and private partners on a master plan to transform the area into a model transit-oriented neighborhood. Before any revitalization could begin, the Box District’s industrial history needed addressing. In 2007, MassDevelopment made an early commitment to the vision of a new Box District and provided $1,500,000 from the Brownfields Redevelopment Fund, which directly facilitated CND’s development of the first 67 rental and ownership units in the neighborhood. According to Ann Houston, Executive Director of CND, “MassDevelopment understood the specialized risks of environmental remediation and, through investment in the Box District’s early stages, positioned the projects to secure $18.3 million in more traditional development financing.” MassDevelopment provided $1,500,000 from the Brownfields Redevelopment Fund for remediation of the Box Works Homes construction site, and $160,025 for assessment and remediation of the site of Highland Terrace. When the Box District neighborhood is finished, more than $70 million will have been invested in the built environment, creating 300 homes located along new, well-lighted streets and sidewalks, a new children’s playground, and a place for residents of all ages to gather. Ann Houston, Executive Director of Chelsea Neighborhood Development, said that “MassDevelopment understood the specialized risks of environmental remediation and, through investment in the Box District’s early stages, positioned the projects to secure $18.3 million in more traditional development financing.” CND’s new office on Gerrish Avenue served as an anchor to the neighborhood, and additional private and public investment soon followed, with 53 market rate lofts completed by Mitchell Properties and $1,200,000 invested by the City of Chelsea in infrastructure. In 2011, CND began construction in the heart of the Box District on 32 new affordable apartments at Highland Terrace and, together with Mitchell Properties, is now in the pre-development stage of 45 mixed-income apartments at 44 Gerrish Avenue. A 13,375 square foot portion of the Highland Terrace site was conveyed to the City of Chelsea, which is investing $480,000 to build a children’s playground and a place for residents of all ages to gather known as the Box District Park. Once again, before any construction could start on the $11.15 million project, CND returned to MassDevelopment, which provided $150,000 to remove contaminated soils from the site. When finished, more than $70 million will have been invested in the Box District’s built environment, creating 300 homes along new streets and sidewalks with improved lighting and access to public space. Although the Box District is within walking distance of Chelsea’s downtown, the commuter rail, and five bus routes, residents look forward to the conversion of a dormant rail line into a multi-modal path that will stretch from the waterfront to Everett’s Bike to the Sea, and eventually be integrated into a broader Urban Ring transit system. The potential of the Brownfields Redevelopment Fund to create organizational, financial, and community leverage has helped effect transformative change in this smart-growth neighborhood. 11 W E S T CLARK BISCUIT APARTMENTS, North Adams The former Clark Biscuit Bakery building, long vacant and deteriorating, was renovated in 2009 into 43 units of affordable rental housing for working families by Arch Street Development, LLC. Ten one-bedroom and 33 two-bedroom spacious apartment units are now located in the historic building on Ashland Street within walking distance of downtown North Adams, and easy access to public transportation, shopping, MASS MoCA, Massachusetts College of Liberal Arts, and the Mohawk Theater currently under renovation. As part of its due diligence, Arch Street used the proceeds of an $8,175 site assessment loan from the Brownfields Redevelopment Fund to test for sub-surface contamination at the site. This early-stage money allowed the project to progress uninterrupted through pre-construction while Arch Street sought to finalize the permanent financing package. The total project cost of $12.5 million was funded, in part, by leveraging several state and federal programs: federal and state Historic Tax Credits administered by the Massachusetts Historic Commission; Low Income Housing Tax Credits allocated and HOME funds provided by the Massachusetts Department of Housing and Community Development; Affordable Housing Trust Funds provided by MassHousing; and a $120,000 Lead and Asbestos abatement grant from the Brownfields Redevelopment Fund through a one-time pilot program administered by MassDevelopment. TD Bank provided construction financing, with permanent financing provided by the Massachusetts Housing Partnership. The extensive public and private collaborative financing, which included brownfields financing and substantial equity generated in part from the syndication of tax credits, proved essential to the success of the Clark Biscuit Apartments. Clark Biscuit Apartments created 43 affordable housing units in its historic building within walking distance of downtown North Adams and public transportation. $128,175 from the Brownfields Redevelopment Fund helped leverage a total project development cost of $12.5 million. The private developers also used a litany of sustainable and green features in the project: recycling more than 60 tons of metal waste removed from the site; replacing windows with energy efficient historic replicas; and installing low-flow water fixtures, Energy Star appliances, and high-efficiency heat and hot-water systems. The adaptive reuse of this historic building has not only provided much needed high-quality affordable housing to the City, but also revives the connection to the downtown district while preserving a key piece of the City’s industrial heritage. The project provided the additional benefit of allowing the City to divest itself of a troubled tax-title property, returning it to the City tax rolls. 13 BROWNFIELDS REDEVELOPMENT FUND PROGRAMS SITE ASSESSMENT Created in 1998 by the legislature and The Site Assessment Program provides unsecured, interest-free managed by MassDevelopment, the financing of up to $100,000 to assess potential contamination of Brownfields Redevelopment Fund properties and to develop remediation plans as needed. offers financing to municipalities, private developers, nonprofit organizations, and individuals to conduct environmental assessment of blighted properties to determine the REMEDIATION The Remediation Program provides flexible below-market rate financing of up to $500,000 for clean-up of in-ground contamination or groundwater pollutants. extent of in-ground contamination and PRIORITY PROJECTS to develop a remediation plan if Priority Project status is available to sites that are clear priorities needed. The Fund also provides for redevelopment by their communities, in which developers have financing to remove or contain soil or shown interest, and where re-use would be viable except for the ground water contamination. By impediment of environmental contamination. Priority Project status providing pre-development financing, allows an entity to apply for up to $2 million in site the Fund seeks to attract other public assessment/remediation funding. Applicants may apply for Priority and private funding to support the Project status when seeking funding, and some designations have productive re-use of brownfields. been made through an open competitive process initiated by MassDevelopment through a Notice of Funding Availability Applications and information about the (NOFA). Brownfields Redevelopment Fund are provided on MassDevelopment’s web site, www.massdevelopment.com. MassDevelopment staff, located in Boston and regional offices across the STATEWIDE STRATEGY The Brownfields Redevelopment Fund is part of a statewide brownfields strategy. The Department of Environmental Protection is the brownfields regulatory agency offering technical assistance and funding, and overseeing the privatization of certain state state, work to promote awareness of government functions through a system of Licensed Site the Fund by attending local business Professionals. The Office of the Attorney General oversees a and community events and meeting Covenant Not to Sue Program that offers liability protection to individually with potential applicants. innocent parties seeking to redevelop Brownfield sites. FINANCIAL STATUS JUNE 30, 2011 BDC Capital administers the Brownfields Access to Capital Program (BRAC), which provides Beginning fund balance ($20,024,000 subsidized environmental insurance to protect Fund recapitalization (009,975,084 developers from unforeseen environmental costs. Fund recapitalization (030,000,000 The Department of Revenue manages the Total funding (059,999,084 issuance of brownfields tax credits. Fund activity (accumulated): BROWNFIELDS SUPPORT TEAM INITIATIVE Loan repayments 0(12,967,847 In 2008, the Patrick-Murray Administration Loan disbursements 0(32,791,922) announced the Brownfields Support Team Operating income (001,990,520 Initiative, a collaboration among communities and Operating expenses 00(6,578,415) multiple state agencies designed to assist Investment income (010,301,359 communities in the cleanup of complex Accrued expenses ,(000002,495 contaminated sites to prepare the sites for Grant awards 0(10,282,335) redevelopment. Staff from MassDevelopment, Accrued interest income 0,00(398,492) Mass DEP, the Massachusetts Department of Deferred income (0,00391,834 Transportation, and the Executive Office of Recoverable grants/loans (0,00012,500 Sub-total 0(35,614,474 agencies including the Attorney General’s Office, Undisbursed grants/predevelopment/loans 00(4,975,250) Department of Revenue, EPA, and the U.S. Approved loans 0,00(275,000) Department of Housing and Urban Development. Approved grants 000,0(93,003) Eleven communities across the state have been Approved grants - recoverable 00,0(455,000) Available cash 0(29,816,221 Housing and Economic Development form the core group, with contributions from other selected to participate in the Brownfields Support Team Initiative. Reserve for priority projects FY11 SUMMARY Reserve for 43D projects From July 1, 2010 through June 30, 2011, Adjusted available cash MassDevelopment approved 37 loan and grant awards totaling $6.1 million under the Brownfields Redevelopment Fund; 42 awards closed during the same period. 15 0(13,771,300) 0 00(4,532,170) 0,$11,512,751 P R O J E C T S Brownfields Redevopment Fund – Projects Funded FY 2011 SITE ASSESSMENT 72 Properties, LLC Map 19, Lot 242 River Avenue Fairhaven – $44,195 Cape Auto 111-113 and 115 Sandwich Street Plymouth – $44,295 Capstone Communities, LLC 124 Montello Street Brockton – $15,450 Capstone Communities, LLC 124 Montello Street Brockton – $26,000 Chelsea Neighborhood Housing Services 13 Walden Street Revere – $13,500 Chelsea Neighborhood Housing Services 47-55 Gerrish Avenue Chelsea – $10,025 City of Westfield 47 School Street Westfield – $5,000 City of Westfield Elm, Church, and Arnold Block Westfield – $19,800 Codman Square Neighborhood Development Corporation 18 New England Avenue Dorchester – $24,800 Codman Square Neighborhood Development Corporation One Darlington Street Dorchester – $29,600 Dorchester Bay EDC 259 Quincy Street Dorchester – $21,690 Jamaica Plain Neighborhood Development Corporation 106-108 Chestnut Avenue Jamaica Plain – $26,380 Liston LLC 1362 County Street Attleboro – $32,550 Mission Hill Neighborhood Housing Services, Inc. 12-16 Gurney Street Roxbury – $14,500 Stergis Commercial Realty 79 Walton Street Attleboro – $98,100 Town of Athol 25 Exchange Street Athol – $4,000 Town of Billerica Alexander Road Billerica Airport Billerica – $10,400 Willow Street Trust 26 Willow Street Fitchburg – $99,520 REMEDIATION Chelsea Neighborhood Housing 47-55 Gerrish Avenue Chelsea – $250,000 City of Haverhill 57 Granite Street Haverhill – $230,655 Dorchester Bay EDC 555 Dudley Street Dorchester – $46,183 Lawrence CommunityWorks 50 Island Street Lawrence – $826,870 Lynch’s Towing 1200 Montello Street Brockton – $145,200 New Garden Park Inc. 26 and 34 Grove Street Worcester – $400,000 Springwood Realty Trust 108-114 Spring Street Everett – $365,000 Stergis Commercial Realty 79 Walton Street Attleboro – $500,000 SITE ASSESSMENT/ REMEDIATION City of Chicopee 154 Grove Street and 5 West Main Street Chicopee – $300,000 City of Chicopee 154 Grove Street and 5 West Main Street Chicopee – $400,000 City of Holyoke Gas & Electric 1-3 Bigelow Street Holyoke – $193,200 City of Holyoke Gas & Electric 1-3 Bigelow Street Holyoke – $603,500 City of Holyoke Gas & Electric 1-3 Bigelow Street Holyoke – $302,400 City of Holyoke Gas & Electric 1-3 Bigelow Street Holyoke – $268,000 City of New Bedford 45 Cove Street New Bedford – $70,000 City of Somerville Union Square Somerville – $297,400 City of Springfield 837-851 State Street Springfield – $40,000 Codman Square Neighborhood Development Corporation 157 Washington Street Dorchester – $250,000 Homeowner’s Rehab, Inc. 625 Putnam Avenue Cambridge – $150,000 Jamaica Plain Neighborhood Development Corporation Centre, Wise, and Lamartine Streets Jamaica Plain – $273,000 Mission Hill Neighborhood Housing Services, Inc. 12-36 Gurney Street Roxbury – $38,000 Mission Hill Neighborhood Housing Services, Inc. 12-36 Gurney Street Roxbury – $29,000 Newburyport Redevelopment Authority 1-23 Water Street/ Ferry Wharf Newburyport – $50,620 Silver Street Group LLC 4-8 Coleman Avenue Westfield – $97,015 For a complete Brownfields Redevelopment Fund project listing visit www.massdevelopment.com/brownfields. Brownfields Redevelopment Fund Advisory Group – FY 2011 Vivien Li, Chair Executive Director, The Boston Harbor Association Laurie Burt Commissioner, July1 – December 31, 2010 Ken Kimmell Commissioner, January 1, 2011 – June 30, 2011 Catherine Finneran, Designee Massachusetts Department of Environmental Protection Martha Coakley Attorney General Benjamin Ericson, Esq., Designee Office of the Attorney General Michael Crawford Executive Vice President and COO, Commerce Bank & Trust Company Jeanne DuBois Executive Director, Dorchester Bay Economic Development Corporation Michael Hunter Undersecretary, Business Development Victoria Maguire, Designee Massachusetts Regulatory Permit Office Joseph Jannetty Principal, JANCO Development Jonathan Lothrop Pittsfield City Councilor Meghan Lynch Senior Analyst, ABT Associates 17 160 Federal Street, Boston, MA 02110 800.445.8030 www.massdevelopment.com
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