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
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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
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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
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$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
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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.
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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.
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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.
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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.
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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.
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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
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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